Chicago Latin American Soccer Associatio

Nonprofit profile at a glance

EIN
363505313
IRS 990-EZ coverage
2020–2020
Forms available
Form 990 2019, Form 990-EZ 2020
Location
Chicago, IL, USA
Phone
7735227700
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$53,084
Expenses
$70,561
Assets
$280,697
Liabilities
$256,734

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • FELIPE MANRIQUEZ (President)
  • RIGOBERTO ALONSO (Vice President)

People named in this filing

  • FELIPE MANRIQUEZ (President)
  • RIGOBERTO ALONSO (Vice President)
  • ANTONIO CARATACHIA (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The chicago latin american soccer association (clasa) provides organized amateur soccer for latin american children, adolescents, and adults throughout the chicagoland area. In doing so, clasa provides the teams with a league, schedules, tournaments, and invitations to play in other states. Clasa is a member of the Illinois youth soccer association (iysa), Illinois state soccer association (issa) and the united states soccer federation (ussf).

What it reported doing in 2020

Clasa provides its member clubs with the opportunity to play organized soccer according to the policies and procedures prescribed by the "laws of the game" of soccer. Clasa acts in a liaison role with the local park districts to secure sites across the greater chicagoland area for outdoor games and also rents indoor facilities for the member clubs who play indoor soccer. Clasa provides id's, schedules, insurance, security, and awards to promote organized, friendly competition of the game of soccer.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 40
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -32.9%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 3.98; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.91; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -121.8% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -5.4% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $71K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 24/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.