Stafford Area Soccer Association Inc
Nonprofit profile at a glance
- EIN
- 541313246
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Stafford, VA, USA
- Phone
- 5406570734
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Services
Reported finances
- Revenue
- $1,932,808
- Expenses
- $1,885,297
- Assets
- $1,681,561
- Liabilities
- $6,173
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- VICTOR FUSTER (PRESIDENT)
- ADAM SEITZ (VICE PRESIDENT)
Highest reported compensation
- JULIE PHEGLEY (TREASURER/DIRECTOR OF PLAYER DEV.): $36,404 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide well-organized soccer recreation appropriately structured to accomodate any level of play commensurate with our players' individual ability, potential and interest; and to promote a positive youth sports culture that teaches life lessons and "honors the game" for all in the stafford area.
What it reported doing in 2024
The stafford area soccer association aspires to be an outstanding education-athletic organization that provides a high-quality experience for every athlete. A high-quality experience is one in which every athlete is: coached using the principles of positive coaching, has fun playing the game, feels like an important part of the team regardless of performance, learns "life lessons" that have value beyond the playing field and learns the skills, tactics and strategies of the game and improves as a player. The organization benefits more than 4,500 children ages five to eighteen years old. It awards approximately $30,000 in need-based waivers for soccer enrollment each year. The organization also awards numerous college scholarships each year.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 84
- Accountability: 61
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.9%; rating input score 74
- Program expense ratio: 77.9%; rating input score 78
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 84.7%; rating input score 85; 36th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 20th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 2.5%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.89; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 1.9%; rating input score 59; 59th percentile among comparable filings
Growth
- Program expense growth: 7.8% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 6.8% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 2.2% per year; rating input score 100; 26th percentile among comparable filings
Details
- Where the money goes: 73.9% of revenue deployed · 77.9% of spending went to programs
- Governance: 6 of 7 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.5M in reported program spending
- Leadership: top reported pay $36K · 7 people listed
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes grants
- Filing history: 14 filing years from 2011 to 2024
- 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.
- 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.
- High — Accountability: Governance controls: 5 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 43/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 59/100.