SHAKOPEE SOCCER ASSOCIATION

EIN: 411972181 501(c)(3) Youth Development

SHAKOPEE, MN

Total Revenue
$999,506
Total Expenses
$942,123
Total Assets
$471,842
Net Assets
$304,971
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MN
Principal Officer
CARL HENSLEY
Phone
9529537246
Tax Period
2023-08-01 to 2024-07-31

SHAKOPEE SOCCER ASSOCIATION, founded in 2000, is a small nonprofit in the Youth Development sector that reported $1000K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $942K left a modest 6% surplus.

Mission

TO FOSTER THE DEVELOPMENT OF YOUTH AGED NINETEEN (19) YEARS OF AGE OR YOUNGER AND SUPPORT THE EFFORTS OF ISD 720 SHAKOPEE SCHOOL DISTRICT AND ITS COACHES TO TEACH PROPER, SAFE TECHNIQUES AND ETHICAL PRACTICES OF SOCCER UNDER MINNESOTA YOUTH SOCCER ASSOCIATION ("MYSA") RULES; TO ENCOURAGE EFFECTIVE COMMUNICATION, COOPERATION, SPORTSMANSHIP, AND HEALTHY COMPETITION; TO DEVELOP THE VALUE AND SELF-ESTEEM OF EACH INDIVIDUAL PARTICIPANT; AND TO CREATE AN ATMOSPHERE WHERE CAMARADERIE, INCLUSIVENESS, ACCOUNTABILITY, LEARNING AND RESPECT ARE VALUED. TO PROMOTE A SENSE OF COMMUNITY AND COMBAT JUVENILE DELINQUENCY BY CREATING AND MAINTAINING AN ORGANIZED SOCCER PROGRAM FOR YOUTH THAT ENCOURAGES OPPORTUNITIES FOR ALL TO LEARN, PLAY, AND GROW BOTH ON AND OFF THE FIELD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $26,305
Program Service Revenue $854,923
Investment Income $25
Other Revenue $118,253
TOTAL REVENUE $999,506

Expense Breakdown

Grants Paid $0
Salaries & Benefits $133,084
Fundraising Expenses $6,988
Program Expenses $872,074
Other Expenses $809,039
TOTAL EXPENSES $942,123

Year-over-Year Comparison

2023 2022 Change
Revenue $999,506 $805,007 +0.2%
Expenses $942,123 $756,971 +0.2%
Net Income $57,383 $48,036 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Governance

Voting Members
14
Independent Members
14
Employees
7
Volunteers
850

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
4
$10,754
Total Directors
10
$22,865
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN BREUER BOARD MEMBER 5.00
Director
$3,210 $0 $3,210
REBECCA KAY-LEWIS BBOARD MEMBER 5.00
Director
$3,040 $0 $3,040
DARYN KRAL BOARD MEMBER 5.00
Director
$3,380 $0 $3,380
RACHAEL SCOTT BOARD MEMBER 5.00
Director
$3,905 $0 $3,905
KELLY THORSON BOARD MEMBER 5.00
Director
$1,800 $0 $1,800
NICOLE CARTWRIGHT BOARD MEMBER 5.00
Director
$1,235 $0 $1,235
AJAY VARGHESE BOARD MEMBER 5.00
Director
$0 $0 $0
ANGELA BERRES BOARD MEMBER 5.00
Director
$2,900 $0 $2,900
HEATHER PERRY BOARD MEMBER 5.00
Director
$2,160 $0 $2,160
ERIC LARIOS BOARD MEMBER 5.00
Director
$1,235 $0 $1,235
MICHAEL SHADDUCK PRESIDENT 15.00
Officer
$0 $0 $0
WADE ANDREWS VICE PRESIDENT 5.00
Officer
$3,649 $0 $3,649
PATRICK MORGAN TREASURER 5.00
Officer
$3,555 $0 $3,555
RAY ANDERSON SECRETARY 5.00
Officer
$3,550 $0 $3,550
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
2024 $999,506 $942,123 $471,842 $57,383
2023 $805,007 $756,971 $411,919 $48,036
2022 $820,255 $752,245 $319,923 $68,010
2021 $724,580 $615,077 $292,505 $109,503
2020 $468,993 $479,353 $183,001 $-10,360
2018 $619,260 $599,998 $247,782 $19,262
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