Lafayette Youth Soccer Association

EIN: 581902571 501(c)(3) 501(c)(3) Association

200 Sonny Roy Lane, Lafayette, LA, 70507

Total Revenue
$502,545
Total Expenses
$552,291
Total Assets
$1,724,197
Net Assets
$850,105

Tuckman-Chang Vulnerability Assessment

Research-Based

Academic framework for nonprofit financial sustainability (Tuckman & Chang, 1991)

Equity Deficiency
1.54
✓ Strong — 6+ mo. reserves
Revenue Concentration
0.50
~ Moderate
Admin Flexibility
0.0%
⚠ Too Lean — No room to cut
Operating Sustainability
-9.9%
⚠ Deficit — Unsustainable
Overall Vulnerability Assessment
Based on 4 vulnerability indicators
~ MODERATE
2/4 flags
Equity deficiency (<0.25) ✓ Pass
Revenue concentration (>0.60) ✓ Pass
Admin too lean (<10%) 🚩 Flagged
Operating deficit (<0%) 🚩 Flagged

About: The Tuckman-Chang framework identifies four key indicators of financial vulnerability. 0 flags = low risk, 1–2 = moderate risk, 3–4 = high risk. Validated across thousands of nonprofits since 1991.

Learn more about the Tuckman-Chang methodology →

Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
LA
Principal Officer
Chris Rabalais
Phone
3375615425
Tax Period
June 2024 - May 2025

Lafayette Youth Soccer Association is a 501(c)(3) with EIN 581902571, based in 200 Sonny Roy Lane, Lafayette, LA, 70507. Founded in 1990, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $502,545 in total revenue and $552,291 in total expenses, with net assets of $850,105. Its Trantor Score is 616 (Fair), reflecting its financial health based on liquidity, solvency, and operational efficiency.

Mission

Youth Soccer Program

Trantor Score

Financial Health & Payment Capacity Assessment

Score based on: Liquidity (40%), Solvency (30%), Sustainability (20%), Efficiency (10%)

616
Fair
Moderate Risk
FICO Scale: 300–850

Liquidity (40%)
0.77
+168 pts
Solvency (30%)
0.49
+80 pts
Sustainability (20%)
0.29
+31 pts
Efficiency (10%)
0.64
+35 pts
Learn more about the Trantor Score methodology →

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $238,614
Investment Income $0
Other Revenue $263,931
TOTAL REVENUE $502,545

Expense Breakdown

Grants Paid $0
Salaries & Benefits $209,319
Fundraising Expenses $0
Program Expenses $483,823
Other Expenses $342,972
TOTAL EXPENSES $552,291

Year-over-Year Comparison

2024 2023 Change
Revenue $502,545 $572,546 -12.2%
Expenses $552,291 $551,867 +0.1%
Net Income $-49,746 $20,679 -340.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required

Financial Health Indicators

Financial Distress Indicator (Altman Z-Score)
⚠ Gray Zone — Moderate risk, monitor closely
1.95
>2.6 safe · 1.1–2.6 gray · <1.1 distress

Learn about the Altman Z-Score methodology adapted for nonprofits →

Liquidity & Cash Position

Current Ratio
429.73
Target: >2.0 is healthy
Cash Reserve
14.9
Months of expenses covered
Cash to Assets
39.7%
Liquid asset ratio
Working Capital
$682,971
Current assets − liabilities

Solvency & Debt Position

Solvency Ratio
1.97
Assets / Liabilities (>1 is solvent)
Debt Ratio
50.7%
Liabilities / Assets (lower is better)
Debt to Net Assets
1.03
Leverage ratio

Revenue Sustainability & Diversification

Self-Sufficiency
47.5%
Program revenue / Total revenue
Donation Dependence
0.0%
Contributions / Total revenue
Revenue Concentration
52.5%
Largest source (lower = more diverse)

Operational Performance

Admin Efficiency
0.0%
Target: 10–20% is optimal
Asset Turnover
0.29x
Revenue / Assets
Expense Coverage
18.5
Months can operate w/o income
Surplus Margin
-9.9%
Net income / Revenue

Growth Indicators

Net Assets Growth
-25.2%
Year-over-year change

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Rabalais President 10.00
Director
$0 $0 $0
Walid Elagamy VP - Operations 1.00
Director
$0 $0 $0
Will Kellner Secretary 5.00
Director
$0 $0 $0
Chris Helo Treasurer 10.00
Director
$0 $0 $0
Matthew Declouet VP - Recreation (Girls) 1.00
Director
$0 $0 $0
Michael Ritch Executive Director 50.00
Director
$0 $0 $0
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 $502,545 $552,291 $1,724,197 $-49,746
2024 $572,546 $551,867 $1,811,272 $20,679
2023 $1,227,137 $1,354,956 $1,837,432 $-127,819
2022 $1,385,963 $1,230,040 $1,986,077 $155,923
2021 $1,308,723 $1,085,112 $1,861,279 $223,611
2020 $988,857 $1,038,288 $1,106,837 $-49,431
2019 $1,117,464 $1,141,322 $1,094,914 $-23,858
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