WEST FLORIDA SOCCER CLUB INC

EIN: 593268255 501(c)(3) Recreation & Sports

PACE, FL

Total Revenue
$400,653
Total Expenses
$348,915
Total Assets
$184,044
Net Assets
$184,044
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
FL
Principal Officer
LINDSEY BAILEY
Phone
8504505336
Tax Period
2023-01-01 to 2023-12-31

WEST FLORIDA SOCCER CLUB INC, founded in 1994, is a small nonprofit in the Recreation & Sports sector that reported $401K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $349K left a modest 13% surplus.

Mission

TO PROVIDE EACH PLAYER THE OPPORTUNITY TO PLAY SOCCER IN A SUPPORTIVE AND REWARDING ENVIRONMENT THAT EMPHASIZES FUN, ENJOYMENT AND SKILL LEARNING, AT A LEVEL THAT FITS HIS/HER INTEREST AND ABILITY, AND TO CREATE A CHALLENGING ENVIRONMENT FOR TALENTED PLAYERS WHO ASPIRE TO REACH THEIR FULL POTENTIAL. WFSC FOSTERS THE PHYSICAL, MENTAL, AND EMOTIONAL GROWTH AND DEVELPMENT OF YOUTH THROUGH THE SPORT OF SOCCER FOR ALL AGES AND LEVELS OF COMPETITION. WFSC'S JOB IS TO MAKE SOCCER FUN AND INSTILL IN YOUNG PLAYERS A LIFELONG PASSION FOR THE SPORT.

Program Service Accomplishments

Program 1
Expenses: $324,411 Revenue: $400,653

WFSC BELIEVES IN PLAYING OPEN, CREATIVE, ATTACKING SOCCER, WHERE PLAYERS ARE ENCOURAGED TO EXPRESS THEMSELVES. BALL POSSESSION IS EMPHASIZED, WITH ATTACKS BUILT UP FROM THE BACK AND PLAYERS...

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WFSC BELIEVES IN PLAYING OPEN, CREATIVE, ATTACKING SOCCER, WHERE PLAYERS ARE ENCOURAGED TO EXPRESS THEMSELVES. BALL POSSESSION IS EMPHASIZED, WITH ATTACKS BUILT UP FROM THE BACK AND PLAYERS INTERCHANGING THEIR POSITIONS, AS DICTATED BY THE GAME. OUR TEAMS EXHIBIT GOOD SUPPORT PLAY AROUND THE BALL AND PATIENCE AND COMPOSURE ON THE BALL. THE CLUB PROVIDES THE HIGHEST QUALITY STAFF, FACILITIES, ENVIRONMENT AND CURRICULUM TO GIVE PLAYERS THE TOOLS TO SUCCEED. DURING 2023 WFSC COACHED APPROXIMATELY 1,100 PLAYERS IN THE RECREATION, ACADEMY AND COMPETITIVE DIVISIONS. ADDITIONALLY, WFSC PROVIDES 8-10 ACADEMY/COMPETITIVE AND RECREATION SCHOLARSHIPS FOR PLAYERS WHO WANT TO PLAY BUT CAN NOT AFFORD THE REQUIRED DUES.

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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 $0
Program Service Revenue $400,653
Investment Income $0
Other Revenue $0
TOTAL REVENUE $400,653

Expense Breakdown

Grants Paid $0
Salaries & Benefits $116,663
Fundraising Expenses $0
Program Expenses $324,411
Other Expenses $232,252
TOTAL EXPENSES $348,915

Year-over-Year Comparison

2023 2022 Change
Revenue $400,653 $337,934 +0.2%
Expenses $348,915 $344,847 +0.0%
Net Income $51,738 $-6,913 -8.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
500

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
6
$116,663
Total Directors
6
$116,663
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUG SPRAGUE PRESIDENT 20.00
Officer Director
$1,000 $0 $1,000
OPEN VICE PRESIDENT 15.00
Officer Director
$0 $0 $0
OPEN SECRETARY/REGISTRAR 20.00
Officer Director
$0 $0 $0
LINDSEY BAILEY TREASURER 20.00
Officer Director
$12,250 $0 $12,250
TRISHA WILLIAMSON COMPETITIVE MANAGER 15.00
Officer Director
$12,700 $0 $12,700
LEVENT SAHIN DIRECTOR OF COACHING 50.00
Officer Director
$90,713 $0 $90,713
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 No data No data No data No data
2023 $400,653 $348,915 $184,044 $51,738
2022 $337,934 $344,847 $132,306 $-6,913
2021 $363,988 $274,120 $139,219 $89,868
2020 $236,771 $251,176 $49,351 $-14,405
2019 $199,319 $183,048 $63,756 $16,271
2018 $179,728 $177,772 $47,485 $1,956
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