2000 Project Soccer EIN 73-1657005

2000 Project Soccer

EIN  73-1657005 Public charity (501(c)(3)) Palmdale, CA
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Size
<$100K
What they do
a recreation and sports nonprofit
Leadership
Joe D Torres · President
Money in and out
$74K revenue, $0 expenses
Bottom line
+100% surplus margin

2000 Project Soccer is a recreation and sports nonprofit based in Palmdale, CA. For fiscal year 2023 it reported $74K in revenue, $0 in expenses, and $151K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$74K
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$151K
Pt X · Ln 32
Surplus margin
+100%
revenue over expenses, this year0% vs prior filing year
Donor-funded
100%
of revenue is gifts & grants0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$74K
FY2023▲ +15%
Expenses
$0
FY2023
Total assets
$151K
FY2023▲ +95%
Total liabilities
$0
FY2023
Total revenue
$74K
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$151K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$74K
Total assetsPt X · Ln 16$151K
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2023.
01

soccer activities

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item C2000 Project Soccer
EINHdr · item D73-1657005
Principal addressHdr · item CPalmdale, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N64)
Ruling yearIRS BMFJan 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
President
$0Pt VII · Sec A
See 2000 Project Soccer executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$74K
Total revenueLn 12$74K

Balance Sheet

Part X · end of year
CashLn 1$151K
Total assetsLn 16$151K
Total liabilitiesLn 26$0
Total net assetsLn 32$151K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $151K · Operating expenses/yr $0
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $0 · Total expenses $0
Management & General
Management & general $0 · Total expenses $0
Fundraising
Fundraising $0 · Total expenses $0
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $66K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $74K · Total revenue $74K
100%
Government reliance
Government grants — · Total revenue $74K
Earned-income share
Program service revenue $0 · Total revenue $74K
0%
Investment reliance
Investment income $0 · Total revenue $74K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $0
Growth & trend
Revenue growth (YoY)
This year $74K · Prior year $64K
+15%
Net-asset trend (YoY)
End of year $151K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $74K · Expenses $0
+100%
Liabilities-to-Assets
Total liabilities — · Total assets $151K
Net-asset ratio
Net assets $151K · Total assets $151K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $151K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joe D Torres · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $0
Total expenses not reported — showing dollar figure only
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $0
Peer comparison

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

MetricThis orgPeer medianPercentile
Fundraising cost ratio 0%
Revenue growth 15%

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 1 funder$11

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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
FY2023 (Latest)$74K revenue · viewing · ⤓ 990 PDF
FY2022$64K revenue · ⤓ 990 PDF
FY2021$64K revenue · ⤓ 990 PDF
FY2020$0 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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