Duluth Vaxjo Soccer Exchange Inc

Nonprofit profile at a glance

EIN
470934579
IRS 990-EZ coverage
2010–2017
Forms available
Form 990-EZ 2017, Form 990-N 2011
Location
Duluth, MN, USA
Phone
2187221161
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services

Official website

Reported finances

Revenue
$52,601
Expenses
$67,967
Assets
$26,746
Liabilities
$4,234

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

13 people listed

People named in this filing

  • ALICIA DAHLIN (CHAIR)
  • DEB FREDRICKSON (TREASURER)
  • DEB KELLNER (CO-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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to provide opportunities for youth soccer players in the duluth and surrounding communities to participate in a cultural exchange with similar youth from vaxjo, sweden.

What it reported doing in 2017

The youth participants travel to sweden in odd years to play in a soccer tournament and to have a unique cultural experience with similar youth and their host families living in vaxjo, sweden and surrounding communities. In even years, the organization hosts their swedish guests and incurs certain travel costs on behalf of their swedish guests. In addition, the organization hosts a youth soccer tournament featuring the organization's participants and their swedish guests and other youth teams, generally from duluth and the surrounding area.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 82
  • Sustainability: 19
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 89.4%; rating input score 89

Transparency & Controls

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

Sustainability

  • Operating margin: -29.2%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 4.4%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 6.3% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 0.6% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: -4.8% per year; rating input score 0; 28th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 89.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $61K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2010 to 2017
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 17/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.