COLORADO IGNITE SOCCER CLUB (EIN 851966034) - 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

2021

Legal Domicile

Principal Officer

KELLY THOMSON

Phone

7202199944

Tax Period

2024-01-01 to 2024-12-31

COLORADO IGNITE SOCCER CLUB, founded in 2021, is a small nonprofit in the Recreation & Sports sector that reported $675K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE A HIGH QUALITY, COMPETITIVE ATMOSPHERE THAT FOSTERS A SENSE OF BELONGING, SPORTSMANSHIP AND PRIDE. THROUGH AN INSPIRED, AGE APPROPRIATE LEARNING ENVIRONMENT PROVIDING VALUABLE LESSONS WILL ALLOW KIDS TO FALL IN LOVE WITH SOCCER, BUILD CONFIDENCE WHILE ALSO BECOMING ACTIVE MEMBERS OF THEIR COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $675,206

Investment Income $12

Other Revenue $0

TOTAL REVENUE $675,218

Expense Breakdown

Grants Paid $0

Salaries & Benefits $350,460

Fundraising Expenses $12,930

Program Expenses $669,777

Other Expenses $343,875

TOTAL EXPENSES $694,335

Year-over-Year Comparison

	2024	2023	Change
Revenue	$675,218	$615,794	+0.1%
Expenses	$694,335	$609,528	+0.1%
Net Income	$-19,117	$6,266	-4.1%

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

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

$123,750

Total Directors

$123,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BLAKE YEAGER	DIRECTOR	0.50	Officer Director	$0	$0	$0
ERIC GLEASON	TREASURER	0.50	Officer Director	$0	$0	$0
ELIZA BRYANT	SECRETARY	0.50	Officer Director	$0	$0	$0
KELLY THOMSON	EXECUTIVE DIRECTOR	40.00	Officer Director	$86,250	$0	$86,250
BRANDON DOOLING	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
RUSS HUTCHINSON	PRESIDENT	20.00	Officer Director	$37,500	$0	$37,500

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	$675,218	$694,335	$198,029	$-19,117
2023	$615,794	$609,528	$218,790	$6,266
2022	$465,817	$390,517	$214,387	$75,300
2021	$349,644	$233,106	$139,084	$116,538

COLORADO IGNITE SOCCER CLUB