Ne Comets Soccer Inc

Nonprofit profile at a glance

EIN
452408298
IRS 990-EZ coverage
2011–2012
Forms available
Form 990-EZ 2012
Location
Woodbridge, CT, USA
Phone
8027478512
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Services

Reported finances

Revenue
$170,259
Expenses
$174,849
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

4 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our soccer club's mission is to foster, teach, and advance the game of soccer in Connecticut's youth. The club believes that developing highly-skilled soccer players, and competitive teams, should include families and children of all backgrounds. Comets' teams range from U9 to U18 and compete at the highest level in both Connecticut, Region 1, and nationally. The Comets also include the Mighty Mites training program for players 5-8 years old. Passion for the game of soccer is the driving force behind the Comets, whose coaches strive to instill in their athletes life-long values such as hard work, sportsmanship, teamwork, soccer excellence and competitive respect, self-worth, respect, and individual responsibility. In the end, our goal is to assist in our players being better individuals on an off the field.

What it reported doing in 2012

As our first year, we are very excited about our accomplishments with many more to follow. In year one, we provided 126 players with the opportunity to be trained by top coaches, to learn about soccer and life. In addition, we provided basic training to 15 under age 8 players as well as specialized training to 50 players. We had a Spring Fling event and barbeque that included the majority of players and parents from age U10-18. Many of our players attended summer training sessions. We have a large diverse group with players from all over the state, from many towns, many nationalities, many levels of income. We are very proud of our first year and are planning many fundraising activities in the future.

Operating model

Revenue model
Earned-program. 93% of the money available for current operations came from fees and other program revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 13
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: -2.7%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: 5.3% per year; rating input score 100; 51st percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $40K · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2011 to 2012
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.