IOWA SOCCER DEVELOPMENT FOUNDATION INC (EIN 844367003) - Form 990 Financial Analysis & Trantor Score

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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

2020

Legal Domicile

Principal Officer

KYLE KRAUSE

Phone

5154576130

Tax Period

2023-01-01 to 2023-12-31

IOWA SOCCER DEVELOPMENT FOUNDATION INC, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.0M, a strong 93% operating margin.

Mission

THE IOWA SOCCER DEVELOPMENT FOUNDATION WAS CREATED TO DESIGN AND BUILD A MULTI-USE SOCCER STADIUM AND PLAZA TO ENERGIZE IOWA'S ECONOMY, UNITE PEOPLE THROUGH SHARED EXPERIENCES AND PROVIDE OPPORTUNITIES FOR UNDERSERVED AT-RISK YOUTH TO EXPERIENCE THE GLOBAL GAME OF SOCCER. THE IOWA SOCCER DEVELOPMENT FOUNDATION WILL OWN THE PRO IOWA STADIUM AND GLOBAL PLAZA WHEN COMPLETED.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,104,364

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,104,364

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $26,381

Program Expenses $51,788

Other Expenses $59,764

TOTAL EXPENSES $82,264

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,104,364	$1,637,925	-0.3%
Expenses	$82,264	$315,894	-0.7%
Net Income	$1,022,100	$1,322,031	-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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE KRAUSE	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLES CAMPBELL	SECRETARY	1.00	Officer Director	$0	$0	$0
DANIEL KEOUGH	DIRECTOR	1.00	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	$1,104,364	$82,264	$4,469,140	$1,022,100
2022	$1,637,925	$315,894	$3,534,951	$1,322,031
2021	$3,892,010	$304,714	$2,151,209	$3,587,296
2020	No data	$1,491,643	No data	No data

IOWA SOCCER DEVELOPMENT FOUNDATION INC