St Paul, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Southeast Soccer Club, founded in 1980, is a small nonprofit in the Recreation & Sports sector that reported $220K in total revenue in fiscal year 2024. Expenses of $252K exceeded revenue, resulting in a 15% operating deficit.
Southeast Soccer is a competitive traveling soccer club serving families in Minneapolis and surrounding areas since 1980. The club incorporated in August of 1995. Our mission is to foster a culture of cooperation that instills the value of competition and the importance of teamwork while empowering our traveling soccer teams to achieve their individual goals. We are known for being community-based, family-oriented and affordable. 100% of the club's time is devoted to training and playing youth soccer. Our vision is to be a non-profit soccer club that is a source of community, pride, place and belonging.
Southeast Soccer teams are affiliated with the Twin Cities Soccer League (TCSL)and compete throughout the Twin Cities of Minneapolis and Saint Paul in Minnesota and nearby areas. The club fields boys...
Southeast Soccer teams are affiliated with the Twin Cities Soccer League (TCSL)and compete throughout the Twin Cities of Minneapolis and Saint Paul in Minnesota and nearby areas. The club fields boys and girls teams on the U9 through U19 levels, with most play occurring during the fall and spring/summer seasons. Southeast also offers futsal and indoor soccer training opportunities during the winter. All teams are organized by parents and most teams are coached by parents.Anchored by volunteers like parent coaches and managers, our club attracts youth players who are motivated to improve their skills through quality coaching, regular practice and a love of the game.Southeast's activities are ongoing and we plan to continue providing affordable club level play into the future. Activities will continue to be based in the Minneapolis and Saint Paul area of Minnesota at soccer fields and training spaces that are available to the club to rent for this specific purpose. The club charges fees for players to register for activities. These fees pay for expenses that historically have approximately matched inflows. The club does not exist to make money. It endeavors to be financially stable enough to remain a going concern. The club has had to increase player fees periodically to accommodate higher expenses and higher demand to accommodate players who are not able to afford the standard fees. Southeast offers scholarships in the form of discounted and/or waived fees for players who qualify for assistance and we are committed to helping income disadvantaged players with a love of soccer further their skill and participation. By becoming a 501(3) organization, we hope to promote charitable gifts that will lower overall fees and increase scholarship dollars. These scholarships are not educational scholarships, but represent reduced or waived participation fees.Southeast is governed by a volunteer Board of Directors made up of parents of current and/or former players for Southeast teams.Part V Compensation ArrangementsThis is an unpaid board, so it is not necessary to have compensation and conflict of interest policies related to compensation.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $220,079 | N/A | N/A |
| Expenses | $252,161 | N/A | N/A |
| Net Income | $-32,082 | N/A | N/A |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jergen Oase | Treasurer | 1.50 |
Director
|
$0 | $0 | $0 |
| Eli Baker | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Roy G Spurbeck | President | 1.50 |
Director
|
$0 | $0 | $0 |
| Zach Fink | Secretary | 1.00 |
Director
|
$0 | $0 | $0 |
| Mario Wimberly | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $220,079 | $252,161 | $94,219 | $-32,082 |
| 2021 | $202,023 | $133,971 | $135,336 | $68,052 |
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