Cavalry Soccer FY2023 filing

Tax-deductible

Wellborn, TX501(c)(3)Recreation & SportsEIN 82-1213379Revenue $620K in FY2023

On file with the IRScavalrysoccer.comPo Box 473, 77881-0473 · Wellborn, TXTax-exempt since Apr 2018Publicly supported — 509(a)(2)

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The mission of the Cavalry youth Soccer club is to foster the physical, mental and emotional growth and development of competitive Soccer players. We develop and encourage integrity, character and leadership through competitive youth Soccer programming. The Cavalry youth Soccer club operates comptitive programs for boys ages 7 to 18 years of age.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$79K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $3K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$79K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $182
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$620K
+31% vs prior year
Spent
$595K
To programs
96%
Net assets
$306K
By yearFY2020–FY2025
Revenue
$620K
FY2023▲ +31%
Tap a bar for its year
Revenue by fiscal year
FY2020$252K
FY2021$386K
FY2022$474K
FY2023$620K
FY2024$632K
FY2025$601K
Expenses
$595K
FY2023▲ +36%
Tap a bar for its year
Expenses by fiscal year
FY2020$284K
FY2021$305K
FY2022$439K
FY2023$595K
FY2024$655K
FY2025$672K
Net assets
$306K
FY2023▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$165K
FY2021$246K
FY2022$281K
FY2023$306K
FY2024$284K
FY2025$213K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $568K Management & general 4% · $27K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $79K paid to officers and key staff.

Part VII, Section A · reportable compensation
$33,338Pt VII · Sec A
Director
$27,500Pt VII · Sec A
Treasurer
$18,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Loren Marietta’s $28K as Director is at the 43rd percentile of top reported officer pay among 1017 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Rick Seabolt$25,000$60,000$27,500$29,994$24,760$20,952
Loren Marietta$27,778$58,894$33,338$23,991$15,620—
Adriano Versari————$51,532$41,940
James Gary$10,000$24,000$18,000———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Develops competitive youth soccer players, fostering physical, mental, and emotional growth.

Provided by the organization

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1 program · $568K · in their own filed words · FY2023
01

Cavalry Soccer Club provides high level soccer coaching and training for boys ages 7-18. Training is provided by licensed, expeienced coaches three days per week totaling 9 house per week. Our goals are to develop and advance the area's top maie soccer players.

$568Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$182

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$620K
Ln 12
Gifts and grantsLn 1h$459K
Fees for servicesLn 2g$99K
Other incomeLn 4–11$61K
Money outPt IX
$595K
Ln 25
Programscol B$568K
Managementcol C$27K
Owns and owesPt X
$306K
net assets · Ln 32
Cash and savingsLn 1–2$310K
Total assetsLn 16$310K
LiabilitiesLn 26$4K
PeoplePt VI, VII
7
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$459K
Fees for servicesLn 2g$99K
Investment incomeLn 3$1K
Other incomeLn 4–11$61K
Gains on assetsLn 7$0
Total revenueLn 12$620K
Assets in detailPt X, end of year
CashLn 1$134K
SavingsLn 2$176K
Cash and savings togetherLn 1–2$310K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$310K
LiabilitiesLn 26$4K
Net assetsLn 32$306K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$289K$310K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$289K$310K
LiabilitiesLn 26$8K$4K
Net assetsLn 32$281K$306K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$79K$79K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$17K$17K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$7K$7K
Management feesLn 11a$0
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$1K$1K
Advertising and promotionLn 12$417$417
Office expensesLn 13$131$131
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$403$403
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$150$150
Other expenses (24a–d)Ln 24$410K$410K
All other expensesLn 24e$76K$56K$21K
Total functional expensesLn 25$595K$568K$27K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $601K$672K−$71K$213K 990 PDF
FY2024 $632K$655K−$22K$284K 990 PDF
FY2023 Viewing $620K$595K$25K$306K 990 PDF
FY2022 $474K$439K$35K$281K 990 PDF
FY2021 $386K$305K$81K$246K 990 PDF
FY2020 $252K$284K−$32K$165K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $619,708 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $360,959$458,540
I-9 Program service revenuePrior year $27,615$99,328
I-10 Investment income$1,250
I-11 Other revenuePrior year $85,116$60,590
I-12 Total revenuePrior year $473,690$619,708
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $53,984$102,812
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $384,810$491,807
I-18 Total expensesPrior year $438,794$594,619
I-19 Revenue less expensesPrior year $34,896$25,089
Part VI · Governance 7 of 7 board members independent, 5 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $619,708 across 10 lines filed
VIII-1b Membership dues$397,688
VIII-1f All other contributions, gifts and grants$60,852
VIII-1h Total contributions, gifts and grants$458,540
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $99,328$99,328
VIII-3 Investment incomeRelated to mission $1,250$1,250
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$60,590
VIII-12 Total revenueRelated to mission $100,578$619,708
Part IX · Statement of functional expenses $594,619 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $78,838$78,838
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $16,668$16,668
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $7,306$7,306
IX-11a Management fees$0
IX-11b Legal feesManagement $3,735$3,735
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $1,174$1,174
IX-12 Advertising and promotionManagement $417$417
IX-13 Office expensesManagement $131$131
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelManagement $403$403
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $150$150
IX-24 Other expenses (24a–d)Programs $409,651$409,651
IX-24e All other expensesPrograms $55,583 · Management $20,563$76,146
IX-25 Total functional expensesPrograms $568,046 · Management $26,573 · Fundraising $0$594,619
Part X · Balance sheet $309,580 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $288,568$133,705
X-2 Savings and temporary cash investments$175,875
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $288,568$309,580
X-25 Other liabilitiesStart of year $7,683$3,606
X-26 Total liabilitiesStart of year $7,683$3,606
X-32 Total net assets or fund balancesStart of year $280,885$305,974
X-33 Total liabilities and net assetsStart of year $288,568$309,580
Part XI · Reconciliation of net assets $305,974 net assets at year end
XI-1 Total revenue$619,708
XI-2 Total expenses$594,619
XI-3 Revenue less expenses$25,089
XI-4 Net assets at start of year$280,885
XI-10 Net assets at end of year$305,974

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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