South Lakes Soccer Club Inc
- Assets
- $377.0k
- Revenue
- $564.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Oklahoma City, OK
- Founding
- 07/2006
- Data as of
- 05/2022
- EIN
- 80-0060876
Organization Overview
South Lakes Soccer Club Inc is located in Oklahoma City, OK. The organization was established in 2006. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. As of 05/2022, South Lakes Soccer Club Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Lakes Soccer Club Inc 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 05/2022, South Lakes Soccer Club Inc generated $564.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $496.4k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CLUB ORGANIZES AND OPERATES A SOCCER PROGRAM IN THE MOORE AND SOUTH OKLAHOMA CITY AREAS. THESE ACTIVITIES INCLUDE FALL AND SPRING COMPETITIVE AND RECREATIONAL LEAGUES, TOURNAMENTS AND VARIOUS PLAYER DEVELOPMENT PROGRAMS AND ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE FALL, 2021 AND SPRING, 2022 THE CLUB PROVIDED SOCCER PROGRAMMING FOR 1416 AND 1479 PARTICIPANTS, RESPECTIVELY. THE CLUB ALSO HOSTS THE YMCA SOCCER LEAGUE, AND THE CHICKASAW YOUTH LEAGUES TRAVELING TEAMS. THE CLUB HOST A SUMMER LEAGUE WITH 50 TEAMS FROM OKLAHOMA. THE CLUB ALSO HOSTED A COMPETITIVE TOURNAMENT IN THE FALL OF 2021, WHICH INCLUDED 119 TEAMS FROM OKLAHOMA, TEXAS, KANSAS AND ARKANSAS. IN THE SPRING OF 2022, THE CLUB HOSTED A COMPETITIVE/RECREATIONAL TOURNAMENT THAT INCLUDED 196 TEAMS FROM OKLAHOMA, TEXAS, KANSAS AND ARKANSAS. IN ADDITION TO THE LEAGUE AND TOURNAMENT ACTIVITIES, THE CLUB PROVIDED PLAYER DEVELOPMENT PROGRAMS DURING THE SUMMER, FALL AND SPRING ATTENDED BY 340 PARTICIPANTS. THE OVERALL PARTICIPATION LEVEL HAS BEEN STABLE AFTER COVID 19 CHALLENGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Munson Executive Vice President | OfficerTrustee | 10 | $0 |
Matthew Echols President | OfficerTrustee | 10 | $0 |
Darren Porter Vice President | OfficerTrustee | 10 | $0 |
Kim Mcintyre Secretary | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $31,394 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,185 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,579 |
| Total Program Service Revenue | $480,494 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $563,968 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,573 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,290 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,919 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,788 |
| Office expenses | $11,704 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $46,445 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,031 |
| Interest | $0 |
| Payments to affiliates | $31,865 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $10,118 |
| Total functional expenses | $496,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $320,794 |
| Savings and temporary cash investments | $56,254 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $377,048 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $377,048 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $377,048 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that South Lakes Soccer Club Inc has recieved totaling $76.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $76 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fivepoint Credit Union Nederland, TX | $833,470,409 | $45,891,302 |
Conservation Legacy Durango, CO | $14,995,097 | $26,319,010 |
Leadership Austin Austin, TX | $723,903 | $1,410,733 |
Youth Seen Broomfield, CO | $74,377 | $811,067 |
South Lakes Soccer Club Inc Oklahoma City, OK | $377,048 | $563,968 |
Vail Junior Hockey Club Edwards, CO | $322,872 | $486,894 |
Groundwork Northeast Revitalization Group Inc Kansas City, KS | $1,152,320 | $1,247,383 |
Youth Challenge Inc Holyoke, CO | $431,876 | $401,879 |
Optimist International Paris, TX | $701,531 | $317,654 |
Optimist International Bethany, OK | $319,544 | $220,743 |
Optimist International Norman, OK | $162,021 | $214,095 |
Youth Excited About Sports Warrensburg, MO | $2,205,465 | $168,137 |