INDEPENDENCE SOCCER CLUB

EIN: 710964101 501(c)(3) Recreation & Sports

INDEPENDENCE, KY

Total Revenue
$207,797
Total Expenses
$243,496
Total Assets
$202,416
Net Assets
$202,416
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
KY
Principal Officer
JOSEPH SHUFF
Phone
8593639604
Tax Period
2024-07-01 to 2025-04-30

INDEPENDENCE SOCCER CLUB, founded in 1984, is a small nonprofit in the Recreation & Sports sector that reported $208K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $243K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE MISSION OF ISC IS TO PROMOTE THE GROWTH OF AND APPRECIATION FOR THE GAME OF SOCCER BY PROVIDING OPPORTUNITIES FOR THE YOUTH OF NORTHERN KENTUCKY TO LEARN THE LAWS OF THE GAME AND PARTICIPATE IN ORGANIZED PROGRAMS OF SOCCER; TO ORGANIZE AND PROMOTE YOUTH SOCCER ORGANIZATIONS, CLUBS LEAGUES, AND ASSOCIATIONS FOR YOUTH UP TO AND INCLUDING THOSE 18 YEARS OF AGE; AND TO ENCOURAGE GOOD SPORTSMANSHIP AND FAIR PLAY OF ALL PARTICIPANTS THEREIN. IT IS THE VISION OF ISC TO PROVIDE THE BEST ATMOSPHERE FOR AN ENJOYABLE AND AFFORDABLE SOCCER EXPERIENCE FOR EVERYONE, WHETHER PARTICIPATING IN OUR RECREATIONAL OR COMPETITIVE PROGRAM. ISC ADVOCATES CONTINUED DEVELOPMENT AND GOOD SPORTSMANSHIP FOR COACHES, PLAYERS, PARENTS AND OFFICIALS. ISC WILL ALWAYS UPHOLD THE BEST INTEREST OF ALL OF ITS FAMILIES, PLAYERS, COACHES AND OFFICIALS AND PLACE IT FIRST ABOVE EVERYTHING ELSE. ISC WILL PROVIDE ALL MEMBERS WITH THE OPPORTUNITY TO PARTICIPATE IN, DEVELOP AND ENJOY THE GAME OF SOCCER. IN SHORT, OUR GOAL IS

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,396
Program Service Revenue $202,479
Investment Income $2,922
Other Revenue $0
TOTAL REVENUE $207,797

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $236,700
Other Expenses $243,496
TOTAL EXPENSES $243,496

Year-over-Year Comparison

2024 2023 Change
Revenue $207,797 $314,709 -0.3%
Expenses $243,496 $253,693 0.0%
Net Income $-35,699 $61,016 -1.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
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
5
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH SHUFF PRESIDENT 3.00
Officer Director
$0 $0 $0
BILL WEHAGE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
AMANDA SQUIBB SECRETARY 2.00
Officer Director
$0 $0 $0
AIMEE ALLEN TREASURER 5.00
Officer Director
$0 $0 $0
NATE HENDERSON DIRECTOR OF COACHING 3.00
Director
$0 $0 $0
DAVID SQUIBB FIELD MANAGER 5.00
Director
$0 $0 $0
AMY MASTELLER REGISTRAR 5.00
Officer 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 $207,797 $243,496 $202,416 $-35,699
2024 $314,709 $253,693 $238,115 $61,016
2023 $249,700 $205,530 $177,099 $44,170
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