Boston Soccer 2026 Corp
Nonprofit profile at a glance
- EIN
- 824476022
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-N 2023
- Location
- Foxborough, MA, USA
- Phone
- 5083848200
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $3,083,056
- Expenses
- $4,108,004
- Assets
- $1,003,794
- Liabilities
- $337,516
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- MIKE LOYND (PRESIDENT)
Highest reported compensation
- MIKE LOYND (PRESIDENT): $323,780 total reported compensation
- JULIE DUFFY (CHIEF MARKETING & COMMUNICATIONS): $195,980 total reported compensation
- TYLER ANDREW BRITTON (PEOPLE OPS LEADER): $124,927 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Boston soccer 2026 corp. Is a community-based organization dedicated to promoting the common good and general welfare of the people of the greater boston area by supporting boston's bid to be a host city of the 2026 fifa world cup.
What it reported doing in 2024
Boston soccer 2026 is the host city organizing committee leading the event planning, coordination and tournament delivery for the seven matches of the 2026 fifa world cup awarded to boston. The company aims to create and deliver memorable and safe experiences that promote the region.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 44
- Accountability: 86
- Sustainability: 9
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 80.2%; rating input score 80
- Fundraising efficiency: $7.53 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -33.2%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0.34; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 18.6%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 168.1% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: 42.6% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: -51% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 80.2% of spending went to programs
- Governance: 3 of 3 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.3M in reported program spending
- Leadership: top reported pay $324K · 9 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.2M reported
- Consistency: 27 of 27 current checks pass
- Schedules: 5 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 28/100.
- High — Sustainability: Operating margin scored 4/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.