SOCCER FOR LIFE INC

EIN: 843660729 501(c)(3) Recreation & Sports

FRISCO, TX

Total Revenue
$622,738
Total Expenses
$549,564
Total Assets
$247,825
Net Assets
$226,080
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
TX
Principal Officer
WILCO RAVESTIJN
Phone
2146822037
Tax Period
2023-01-01 to 2023-12-31

SOCCER FOR LIFE INC, founded in 2019, is a small nonprofit in the Recreation & Sports sector that reported $623K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $550K left a modest 12% surplus.

Mission

A SOCCER CLUB IN PREPARATION FOR AMATEUR, NATIONAL, AND INTERNATIONAL COMPETITION.

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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 $1,636
Program Service Revenue $621,102
Investment Income $0
Other Revenue $0
TOTAL REVENUE $622,738

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $460
Program Expenses $417,294
Other Expenses $549,564
TOTAL EXPENSES $549,564

Year-over-Year Comparison

2023 2022 Change
Revenue $622,738 $520,325 +0.2%
Expenses $549,564 $446,704 +0.2%
Net Income $73,174 $73,621 0.0%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILCO RAVESTIJN PRESIDENT 5.00
Director
$0 $0 $0
MARY K RAVESTIJN VICE-PRESIDENT 5.00
Director
$0 $0 $0
JAN SORELLE DIRECTOR 5.00
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
2024 No data No data No data No data
2023 $622,738 $549,564 $247,825 $73,174
2022 $520,325 $446,704 $182,340 $73,621
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