Transylvania Youth Soccer Association Inc
Nonprofit profile at a glance
- EIN
- 562194624
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2021, Form 990-N 2018
- Location
- Brevard, NC, USA
- Phone
- 8288843931
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services
Reported finances
- Revenue
- $189,289
- Expenses
- $243,907
- Assets
- $1,113,190
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- JOHN FELTY (PRESIDENT)
- RANDY BARON (VICE PRESIDENT)
People named in this filing
- JOHN FELTY (PRESIDENT)
- RANDY BARON (VICE PRESIDENT)
- BOB BRYANT (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Transylvania youth soccer association, inc. (tysa) seeks to foster the physical, mental, and emotional growth of amateur youth and adults in transylvania, henderson, and all neighboring counties regardless of race, gender, religion, color, ethnic heritage, or ability, through the sport of soccer at all levels of age and competition by establishing programs and activities that focus on development, promotion, teaching and administration of the game of soccer.
What it reported doing in 2024
With an emphasis on fun and participation, our recreational division is the entry point for children who are new to the game. In recreation, fun games are used to develop basic skills, such as ball control and dribbling, and to further players' enjoyment of the game. Recreational soccer is coached by volunteers who are equipped and supported by the organization and will receive communications from the program director with important information and weekly practice sessions throughout the season. Our coaches use a curriculum made up of fun and developmentally appropriate practice activities. Fall season runs from mid-september to early november and our spring season runs from early march to mid-may. There were 260 participants in the recreational league during fiscal year 2024-25.
Operating model
- Revenue model
- Earned-program. 72% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 94% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 85
- Accountability: 70
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.7%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -28.9%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 4.56; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 60.3% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 10.4% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 14.9% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.7% of spending went to programs
- Governance: 15 of 15 board members independent · 2 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $243K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 18 of 19 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Operating margin scored 10/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.