Wright County Soccer EIN 41-1868570

Wright County Soccer FY2020 filing

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Organizes youth soccer leagues and teaches skills for competitive play. For fiscal year 2020 it reported $172K in revenue, $182K in expenses, and $297K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Buffalo, MN
Website
wrightcountysoccer.org
Filings
6 on file (2020–2020)
Revenue
$172KFY2020
Expenses
$182K
Net assets
$297K
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  41-1868570 Public charity (501(c)(3)) Buffalo, MN
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Organizes youth soccer leagues and teaches skills for competitive play.
Leadership
Janice Bougoine · Secretary
Money in and out
$172K revenue, $182K expenses
Bottom line
100% program efficiency
Where the money goes · FY2020
Total revenue
$172K
Pt VIII · Ln 12
Total expenses
$182K
Pt IX · Ln 25
Net assets
$297K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$10K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
19.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$172K
FY2020
Expenses
$182K
FY2020
Total assets
$297K
FY2020
Total liabilities
$0
FY2020
Total revenue
$172K
Pt VIII · Ln 12
Total expenses
$182K
Pt IX · Ln 25
Net assets
$297K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$10K
Total assetsPt X · Ln 16$297K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $182K of program spending, described in the organization's own filed words · FY2020.
01

Soccer league that allows children to play competitive youth soccer during the summer. We provide playing fields, coaches and referees for the games. In 2020 we had approximately 160 children in summer league.

$118Kprogram expense
02

Soccer league that allows children to play competitive youth soccer during the fall. We provide playing fields, coaches, and referees for the games. In 2020 we had approximately 210 children in the fall league.

$32Kprogram expense
03

Winter and summer skills camps are held in wright county cities at various indoor and outdoor facilities. We provide a camp based theme with trainers and equipment helping children learn soccer skills. In 2020 approximately 200 children participated in the various camps.

$32Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWright County Soccer
EINHdr · item D41-1868570
Principal addressHdr · item CBuffalo, MN
WebsiteHdr · item Jwrightcountysoccer.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N64)
Ruling yearIRS BMFApr 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice-Preside
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$160K · 93%
Other revenue$12K · 7%
Contributions & grants93%$160K
Other revenue7%$12K
Total revenueLn 12$172K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$182K
Total functional expensesLn 25$182K

Balance Sheet

Part X · end of year
CashLn 1$297K
Total assetsLn 16$297K
Total liabilitiesLn 26$0
Total net assetsLn 32$297K
Months of cash on handcomputed19.6

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $297K · Operating expenses/yr $182K
19.6 months
Where the money goes
Program services
Program services $182K · Total expenses $182K
100%
Management & General
Management & general $0 · Total expenses $182K
0%
Fundraising
Fundraising $0 · Total expenses $182K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $160K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $160K · Total revenue $172K
93%
Government reliance
Government grants — · Total revenue $172K
Earned-income share
Program service revenue $0 · Total revenue $172K
0%
Investment reliance
Investment income $0 · Total revenue $172K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $182K
0%
Growth & trend
Revenue growth (YoY)
This year $172K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $297K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $172K · Expenses $182K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $297K
Net-asset ratio
Net assets $297K · Total assets $297K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $297K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Janice Bougoine · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $182K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $182K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Accounting fee ratio 0.8%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$11K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$873K revenue · ⤓ 990 PDF
FY2024$726K revenue · ⤓ 990 PDF
FY2023$593K revenue · ⤓ 990 PDF
FY2022$452K revenue · ⤓ 990 PDF
FY2021$394K revenue · ⤓ 990 PDF
FY2020$172K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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