South Lakes Soccer Club Inc

Nonprofit profile at a glance

EIN
800060876
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Oklahoma City, OK, USA
Phone
4057947529
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Youth Community Service Clubs

Official website

Reported finances

Revenue
$1,285,035
Expenses
$1,325,529
Assets
$449,887
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • DAVE MUNSON (PRESIDENT)

People named in this filing

  • BRANDON GOFF (SECRETARY)
  • CARLTON HARRIS (EXEC. VICE P)
  • DAVE MUNSON (PRESIDENT)

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

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

Overview

Mission

The club organizes and operates a soccer league for youth ages 4-18, primarily located in the moore and south Oklahoma city areas.

What it reported doing in 2024

1. Youth soccer training and player development the organization provided year round soccer programming to over 1,800 youth athletes, including 682 competitive players, 125 academy players, and 777 recreational players in the fall and 794 recreational players in the spring. Programming included technical and tactical training, goalkeeper instruction, specialized skills sessions, and summer and spring break camps. 2. Competitive league participation and tournament operations the organization supported competitive teams participating in regional leagues, playoffs, and regional events. South lakes soccer club hosted two tournaments (fall and spring) with nearly 400 participating teams (6,000 families), including a significant number of out of state teams. These events expanded competitive opportunities for youth athletes and contributed to regional sports activity. 3. Community outreach and financial assistance the organization provided over 70,000 in financial assistance, supporting more than 150 players in need. South lakes soccer club strengthened its partnership with the earlywine park ymca by hosting their soccer programming. The organization also hosted the ultimate frisbee league and the ultimate frisbee regional, expanding access to community sports programming and supporting broader recreational use of the facility. 4. Facility improvements and field operations the organization invested in facility and field improvements, including addressing and maintaining irrigation system challenges, replacing worn nets, and purchasing new goals. Routine field maintenance and equipment upgrades were conducted to ensure a safe and high quality environment for training and competition. 5. Volunteer engagement and organizational support parents and community members contributed over 5,000 volunteer hours to support club operations, tournaments, field maintenance, and community programming. The organization secured sponsorships and community partnerships to support long term sustainability and invested in coaching education to improve program quality.

Operating model

Revenue model
Earned-program. 96% 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 and most voting board members are independent. 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: 90
  • Accountability: 64
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

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

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -3.2%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.34; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 2.1% per year; rating input score 100; 27th percentile among comparable filings
  • Revenue growth: 10.9% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: 10.7% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 4 of 4 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2013 to 2024
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.