Sozo Sports Of Central Washington
- Assets
- $12.4m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 21
- Location
- Yakima, WA
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-4970770
Organization Overview
Sozo Sports Of Central Washington is located in Yakima, WA. The organization was established in 2014. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Sozo Sports Of Central Washington employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sozo Sports Of Central Washington is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sozo Sports Of Central Washington generated $8.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.0% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 37.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE AND ENCOURAGE OUR YOUTH AND COMMUNITY THROUGH PARTICIPATION IN SPORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPRING, SUMMER AND FALL RECREATIONAL SOCCER LEAGUES AND PREMIER SOCCER PROGRAM.
YAKIMA VALLEY GRID KIDS FLAG FOOTBALL IN THE SPRING AND GRID KIDS IN THE FALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Lybeck Executive Director (thru 01/21) | Officer | 40 | $4,471 |
Doug Picatti President | OfficerTrustee | 1 | $0 |
Kerry Martin Vp/interim Exec. Director | OfficerTrustee | 25 | $0 |
Edward Miles President (thru 10/21) | OfficerTrustee | 4 | $0 |
Rich Austin Secretary | OfficerTrustee | 1 | $0 |
Andy Martinkus Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $53,400 |
| Related organizations | $0 |
| Government grants | $464,537 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,111,666 |
| Noncash contributions included in lines 1a–1f | $3,858,239 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,629,603 |
| Total Program Service Revenue | $789,820 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,237 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,898 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,786,132 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,150 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,471 |
| Compensation of current officers, directors, key employees. | $1,341 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $284,851 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $41,481 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,313 |
| Fees for services: Accounting | $5,166 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,190 |
| Advertising and promotion | $373 |
| Office expenses | $24,463 |
| Information technology | $11,980 |
| Royalties | $0 |
| Occupancy | $279,285 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $174 |
| Interest | $55,248 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $181,843 |
| Insurance | $51,688 |
| All other expenses | $32,781 |
| Total functional expenses | $1,508,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $476,997 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $271,113 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $11,628,938 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,680 |
| Total assets | $12,389,728 |
| Accounts payable and accrued expenses | $197,712 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $114,000 |
| Secured mortgages and notes payable | $165,271 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $476,983 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $11,912,745 |
| Total liabilities and net assets/fund balances | $12,389,728 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sozo Sports Of Central Washington has recieved totaling $42,500.
| Awarding Organization | Amount |
|---|---|
Artsfund Seattle, WA PURPOSE: WASHINGTON STATE COMMERCE NONPROFIT COMMUNITY RELIEF GRANT | $22,500 |
Ndc Housing And Economic Development Corporation Brooklyn, NY PURPOSE: COVID-19 ASSISTANCE | $12,500 |
Yakima Valley Memorial Hospital Association Yakima, WA PURPOSE: GENERAL SUPPORT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Avenues For Youth Inc Portland, OR | $21,649,284 | $12,304,238 |
Lake Washington Youth Soccer Association Redmond, WA | $5,169,989 | $4,179,699 |
Pacific Northwest Soccer Club Tukwila, WA | $2,202,415 | $4,068,146 |
Issaquah Soccer Club Issaquah, WA | $882,764 | $2,870,799 |
Washington Premier Football Club Tacoma, WA | $3,927,147 | $2,870,120 |
Washington Timbers Football Club Vancouver, WA | $2,815,479 | $3,032,791 |
Pacific Premier Fc Everett, WA | $790,525 | $2,200,478 |
Westside Metros Soccer Club Beaverton, OR | $1,319,652 | $2,139,710 |
Greater Seattle Surf Soccer Club Woodinville, WA | $965,509 | $2,433,611 |
Washington State Youth Soccer Association Tukwila, WA | $1,242,742 | $1,954,253 |
Northshore Youth Soccer Association Woodinville, WA | $1,945,207 | $1,980,763 |
Deschutes Academy And Futbol Club Bend, OR | $1,872,316 | $1,613,240 |