SML Soccer Inc
Nonprofit profile at a glance
- EIN
- 451071915
- IRS 990-EZ coverage
- 2015–2016
- Forms available
- Form 990-EZ 2016, Form 990-N 2015
- Location
- Wirtz, VA, USA
- Phone
- 5404938550
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Services
Reported finances
- Revenue
- $101,347
- Expenses
- $93,851
- Assets
- $32,618
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Brian Alcorn (President)
People named in this filing
- Brian Alcorn (President)
- Donna Dawson (Treasurer)
- Jenice Bennett (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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Smith Mountain Lake Soccer Club is a non profit organization under section 501(c) (3) of the Internal Revenue Code, dedicated to providing a fun, positive and challenging soccer experience for the youth at Smith Mountain Lake and surrounding areas. Our goal is to establish a fun environment to help develop strong, confident youth through the beautiful game of soccer. Teaching sound soccer technical skills, self discipline, sportsmanship, and providing good physical conditioning we believe this will give our youth a firm foundation for growth not only to be great soccer players, but the skill sets needed to meet challenges, set goals, and become leaders in life. We try to foster national/international amateur sport competition. We do this training the kids to be competitive at all levels and taking them to tournaments that feature teams from all over. We are also putting a program in place to take teams to Europe to train with players from other countries.
What it reported doing in 2016
We took 16 young men to Scotland to experience another culture and train under several different soccer coaches.
Operating model
- Revenue model
- Earned-program. 68% 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 - The filed numbers largely add up and program spending has grown recently. 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: 36
- Transparency & Controls: 100
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 34.8%; rating input score 35
- Program expense ratio: 37.6%; rating input score 38
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: 7.4%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.35; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 2.6%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 9.4% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 46.2% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 26% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 34.8% of revenue deployed · 37.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $35K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2015 to 2016
- Contacts: How to reach this organization
- Money network: 4 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
- Moderate — Financial Efficiency: Program expense ratio scored 38/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Sustainability: Officer compensation ratio scored 29/100.