INDIANA SOCCER ASSOCIATION INC

EIN: 351845779 501(c)(3) Recreation & Sports

WESTFIELD, IN

Total Revenue
$3,438,502
Total Expenses
$3,071,469
Total Assets
$4,307,752
Net Assets
$4,147,988
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
IN
Principal Officer
DAVID GUTHRIE
Phone
3179752010
Tax Period
2024-08-01 to 2025-07-31

INDIANA SOCCER ASSOCIATION INC, founded in 1992, is a community nonprofit in the Recreation & Sports sector that reported $3.4M in total revenue in fiscal year 2024. Expenses of $3.1M left a modest 11% surplus.

Mission

TO SUPPORT MEANINGFUL DEVELOPMENT OF ALL HOOSIERS AND THEIR COMMUNITIES VIA THE SPORT OF SOCCER.

Program Service Accomplishments

Program 1
Expenses: $2,280,124 Revenue: $3,015,080

INDIANA SOCCER ORGANIZERS PLAY AMONG MEMBER CLUBS, SCHEDULING APPROXIMATELY 10,000 GAMES FOR LEAGUE AND CUP PLAY ANNUALLY.

Program 2
Expenses: $265,164 Revenue: $77,925

INDIANA SOCCER, UNDER THE BANNER OF INDIANA FUTSAL, SUCCEEDED IN WORKING WITH COMMUNITY SERVICE ORGANIZATIONS TO PROVIDE HARD SURFACE, SMALL SIDED COURTS (FUTSAL). THE COURTS PREDOMINATELY SERVE...

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INDIANA SOCCER, UNDER THE BANNER OF INDIANA FUTSAL, SUCCEEDED IN WORKING WITH COMMUNITY SERVICE ORGANIZATIONS TO PROVIDE HARD SURFACE, SMALL SIDED COURTS (FUTSAL). THE COURTS PREDOMINATELY SERVE COMMUNITIES WHOSE FAMILIES ARE ON FREE/REDUCES LUNCHES AND PROVIDE A SAFE, HEALTHY PLAYING ENVIORNMENT IN THESE AREAS. IN ADDITION, INDIANA FUTSAL HAS EXPANDED ITS REACH INTO INDIANA SCHOOLS BRINGING THE FUTSAL GAME TO OVER 400,000 STUDENTS STATEWIDE (TO DATE) BY PROVIDING TRAINING AND EQUIPMENT TO PHYSICAL EDUCATION TEACHERS.

Program 3
Expenses: $117,356 Revenue: $51,456

INDIANA SOCCER PROVIDES EDUCATION TO COACHES, AND PARENTS OF MEMBER CLUBS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $36,625
Program Service Revenue $3,117,920
Investment Income $254,406
Other Revenue $29,551
TOTAL REVENUE $3,438,502

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,166,606
Fundraising Expenses $0
Program Expenses $2,662,644
Other Expenses $1,904,863
TOTAL EXPENSES $3,071,469

Year-over-Year Comparison

2024 2023 Change
Revenue $3,438,502 $3,438,115 +0.0%
Expenses $3,071,469 $2,690,005 +0.1%
Net Income $367,033 $748,110 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
23
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$181,960
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY ROWLAND PRESIDENT 2.00
Officer Director
$0 $0 $0
RANDOLPH ROMPOLA VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JAMES NICKENS SECRETARY 2.00
Officer Director
$0 $0 $0
AL SMITH TREASURER 2.00
Officer Director
$0 $0 $0
ALAN BROWN DIRECTOR 1.00
Director
$0 $0 $0
MAUREEN MERHOFF DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY ZIRILLE DIRECTOR 1.00
Director
$0 $0 $0
JEFF BELSKUS DIRECTOR 1.00
Director
$0 $0 $0
DAVID SHERMAN DIRECTOR 1.00
Director
$0 $0 $0
DAVID GUTHRIE EXECUTIVE DIRECTOR 50.00
Officer
$177,760 $4,200 $181,960
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,438,502 $3,071,469 $4,307,752 $367,033
2024 $3,438,115 $2,690,005 $4,066,452 $748,110
2023 $2,770,434 $2,474,347 $3,452,253 $296,087
2022 $2,721,859 $2,281,047 $3,010,830 $440,812
2021 $2,834,190 $2,231,903 $2,538,967 $602,287
2020 $1,937,477 $1,666,418 $1,820,136 $271,059
2019 $2,670,935 $2,254,946 $1,676,973 $415,989
2018 $3,937,027 $3,700,493 $1,277,504 $236,534
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