Carolina Youth Soccer Association Dba Triangle United Soccer Association

Nonprofit profile at a glance

EIN
581391303
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Chapel Hill, NC, USA
Phone
9199421995
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$3,135,737
Expenses
$2,969,945
Assets
$2,551,898
Liabilities
$625,515

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • CAMERON TEW (PRESIDENT)
  • MARK HALL (VICE PRESIDENT)
  • MICHAEL J STRAND (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MICHAEL J STRAND (EXECUTIVE DIRECTOR): $186,692 total reported compensation
  • JOHN CIRILLO (DIRECTOR OF SOCCER): $125,338 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide all families a positive, healthy, progressive environment for youth developmnt through soccer in our community. Guiding principles of the organization include:* act with honesty, integrity and sportsmanship* achieve high participant satisfaction* embrace diversity* provide excellent training and development* field teams that are competitive on local, state, and regional levels* strive for a balanced youth experience that respects family values* support outstanding dedicated people working as a team* optimize relationships with strategic support partners* promote good citizenship through community involvement* operate a successful organization while maintaining value for our program participants

What it reported doing in 2024

The triangle united soccer association ["tusa"] provides character and skill development for approximately 3354 children aged 4-18 in youth soccer by forming teams, providing trained coaches, renting and maintaining fields. Tusa seeks to provide the best possible soccer experience for youth in the North Carolina western triangle area, with a primary focus on durham, chapel hill and western wake county. This is achieved through an emphasis on sportsmanship, team values, and work ethic, while keeping in mind the experience should be fun for each youth player and his/her family. A stated goal of the organization is to offer every player the opportunity to learn and enjoy the game, develop skills, and if desired and qualified, advance to the next competitive level while playing in his/her own community. The organization is committed to providing an overall high-quality, high-value sports experience for players and parents, not defined solely in terms of winning. We aspire to be known as an organization of professional integrity with great coaches who strive to conduct themselves at the highest level of sportsmanship. Tusa recognizes, respects and supports that:* children's participation in a team sport is about much more than winning games. It is an avenue for learning lessons and values which will help them grow into responsible, productive and well-rounded people. Discipline, work ethic, teamwork, dealing with adversity, and handling losses and wins appropriately and constructively are emphasized. * soccer is an avenue for a lifelong invovlement in sports.* soccer is one of many priorities and activities for children and their parents, and not always or necessarily the most important.* parents are ultimately responsible for all aspects of the well-being of their children.tusa also recognizes that there will be some players whose goal is to play at an elite level, for example in college or professionally. Tusa will support and promote these players to the highest levels of competition; however, the organization also recognizes that most players will not ascend to play elite-level soccer so it is the organization's primary mission to teach and promote soccer in a competitive and fun way.staff and coaches in tusa are fairly compensated and expected to maintain a professional standard of conduct and performance. Tusa will foster, encourage, and support the coaches and staff in their professional development. Tusa seeks to ensure the technical competence of its staff and coaches by urging each to obtain appropriate level of state or national coaching licensing.the organization also encourages parents to actively take part in governance of tusa and expects parents to be involved with the management of the team for which their childrent play. Above all, when participating in or attending tusa activities, parents are expected to serve as role models for their children, reflecting the values of tusa and recognizing that their behavior relfects on tusa. In many ways parents are "goodwill ambassadors" of tusa.players are the most visible representatives of tusa and considered the faces of the organization, so they are expected to represent tusa in the best possible manner - on and off the field and whether or not they may be wearing a tusa uniform. All players are required to behave and carry themselves accordingly as well as display a high level of sportsmanship.

Operating model

Revenue model
Other-operating. 95% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 95% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 79
  • Accountability: 83
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.7%; rating input score 88
  • Program expense ratio: 92.3%; rating input score 92
  • Fundraising efficiency: $5.32 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.7%; rating input score 100; 40th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 19th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 5.3%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 0.86; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 10.5%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: 3% per year; rating input score 100; 28th percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 32nd percentile among comparable filings
  • Asset growth: 13.3% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 87.7% of revenue deployed · 92.3% of spending went to programs
  • Governance: 7 of 8 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.7M in reported program spending
  • Leadership: top reported pay $187K · 8 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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 — Financial Efficiency: Fundraising efficiency scored 19/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Operating margin scored 51/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • High — Sustainability: Officer compensation ratio scored 28/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.