The Heritage Soccer Club Inc

Nonprofit profile at a glance

EIN
010593756
IRS 990 coverage
2014–2020
Forms available
Form 990 2020
Location
Concord, CA, USA
Phone
9256837499
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Services

Official website

Reported finances

Revenue
$45,843
Expenses
$120,464
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • MARK TRAN (President)
  • DAVID HERMELIN (Vice President)

People named in this filing

  • MARK TRAN (President)
  • DAVID HERMELIN (Vice President)
  • ELLEN LAWRENCE (Treasurer)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide personal and team development through a positive soccer experience, providing a college preparatory program that offers player exposure through a wide array of avenues, and emphasizing the importance of excellence in the classroom as well as on the soccer field.

What it reported doing in 2020

The purpose of heritage soccer club is to develop, promote, and administer the game of soccer among the youth under the age of 19 without regard to race, creed, or sex. In addition, we expose members to colleges via coaches and college showcases, educate members with regards to college admission requirements & ncaa procedures, promote and support community involvement opportunities for teams and members, and promote and support hsc community of teams, members and families. We believe in developing players that can make in game decisions for themselves based on each unique scenario that the game creates. No game is ever the same. We challenge our players to be creative, while teaching them to read situations, recognize space, and manage the game. Teaching the 4 pillars of soccer (technical, tactical, physical and psychological) and the principles of attack and defense, our players are well equipped to deal with all game situations. Our first development phase focuses on technical ball skills and physical coordination (u6-u10). Phase two balances technical development with tactical understanding, while continuing to build on the physical base from phase one and starting to incorporate the psychological side of the game and team cohesion (u11-u14). Phase three focuses mainly on the tactical decision making within a game while continuing to develop the psychological aspects of the game (u15-u19).

Operating model

Revenue model
Earned-program. 99% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 15
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 95.7%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -162.8%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: -14.7% per year; rating input score 0; 31st percentile among comparable filings
  • Revenue growth: -15.9% per year; rating input score 0; 27th percentile among comparable filings
  • Asset growth: -10.6% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 95.7% of spending went to programs
  • Governance: 8 of 8 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $115K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 11 of 11 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2014 to 2020
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 15/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.