Los Angeles Breakers Fc

Nonprofit profile at a glance

EIN
954715516
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Los Angeles, CA, USA
Phone
3108712814
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Soccer

Official website

Reported finances

Revenue
$2,843,215
Expenses
$3,058,180
Assets
$2,117,717
Liabilities
$2,735,651

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

Leadership & pay

15 people listed

Executive titles in this filing

  • DAVE BINKLEY (PRESIDENT)

Highest reported compensation

  • NICK HAZELL (DIRECTOR/COACH): $106,297 total reported compensation
  • CHRISTOPHER J LOFGREN (DIRECTOR/COACH): $100,297 total reported compensation
  • DANIEL RABEN TO 72024 (DIRECTOR/COACH): $95,100 total reported compensation

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

Overview

Mission

The organization provides an opportunity for los angeles area youth to learn and play soccer. The organization is committed to helping everyone involved with the club to develop as people and players by teaching and living the club values - fun, (continued on sch. O) collaboration, embracing innovation, being developmentally focused and harnessing a competitive spirit.

What it reported doing in 2024

The club's programs cater to youth at different skill levels, from recreational sports to an elite, competative level focused on developing players to compete at a collegiate level and beyond. Annually the club delivers: 1. An opportunity to play as a member of one of 50+ teams serving over 1000 players ages 7 - 19, 2. Weekly training and games for 8 to 10 months a year, 3. Opportunities for in-state and out of state tournaments, college showcases or league games, 4.programs, coaching and support across key developmental areas such as mental resiliance & performance, nutrition, injury prevention and sports performance and seminars on college selection and preparation, 5. Financial aid or expense mitigation for up to 110 players per season or at least 10% of the player (continued on sch. O) base, and 6. Opportunities to volunteer and participate in programs that are geared to providing aid and assistance to those in need and at risk within los angeles.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
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 the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 92
  • Accountability: 79
  • Sustainability: 18
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80.9%; rating input score 81
  • Program expense ratio: 75.7%; rating input score 76
  • Fundraising efficiency: $2.92 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • 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: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -7.6%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0.69; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 1.29; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 12.6%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 12.2% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 13.7% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 23.4% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 80.9% of revenue deployed · 75.7% of spending went to programs
  • Governance: 6 of 6 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.3M in reported program spending
  • Leadership: top reported pay $106K · 15 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 4 of 8 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 8/100.
  • High — Sustainability: Operating margin scored 16/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.