Civic Intelligence

Westminster Afc Inc

EIN 20-5445903 • 501(c)3 • Broomfield, CO

Profile

To provide training and education to youth ages 8 - 20, as well as providing competitive playing opportunities

9035 Wadsworth Pkwy STE 1300Broomfield, CO 80021

westminstersoccer.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.13x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.38x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

89th percentile

51%

Faster asset growth than 89% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

98%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$198,508

Up $67,312 (+51%) from 2023

Liabilities

Up

$223,578

Up $153,309 (+218%) from 2023

Net Assets

Down

-$25,070

Down $85,997 (-141%) from 2023

Revenue

Up

$590,139

Up $292,681 (+98%) from 2023

Expenses

Up

$676,136

Up $369,290 (+120%) from 2023

Net Income

Down

-$85,997

Down $76,609 (-816%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0-$200KAssets 2011: $113,997Liabilities 2011: $0Net Assets 2011: $113,9972011Assets 2012: $50,984Liabilities 2012: $0Net Assets 2012: $50,9842012Assets 2013: $61,079Liabilities 2013: $0Net Assets 2013: $61,0792013Assets 2014: $160,443Liabilities 2014: $0Net Assets 2014: $160,4432014Assets 2015: $231,793Liabilities 2015: $0Net Assets 2015: $231,7932015Assets 2016: $296,797Liabilities 2016: $0Net Assets 2016: $296,7972016Assets 2017: $367,981Liabilities 2017: $0Net Assets 2017: $367,9812017Assets 2018: $271,221Liabilities 2018: $14,860Net Assets 2018: $256,3612018Assets 2019: $323,084Liabilities 2019: $280Net Assets 2019: $322,8042019Assets 2020: $305,661Liabilities 2020: $103,287Net Assets 2020: $202,3742020Assets 2021: $572,745Liabilities 2021: $101,499Net Assets 2021: $471,2462021Assets 2022: $112,663Liabilities 2022: $42,348Net Assets 2022: $70,3152022Assets 2023: $131,196Liabilities 2023: $70,269Net Assets 2023: $60,9272023Assets 2024: $198,508Liabilities 2024: $223,578Net Assets 2024: -$25,0702024

Highlighted filing

2024

Assets$198,508
Liabilities$223,578
Net Assets-$25,070

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $415,301Expenses 2011: $451,743Net Income 2011: -$36,4422011Revenue 2012: $659,918Expenses 2012: $650,198Net Income 2012: $9,7202012Revenue 2013: $631,617Expenses 2013: $634,726Net Income 2013: -$3,1092013Revenue 2014: $717,383Expenses 2014: $735,594Net Income 2014: -$18,2112014Revenue 2015: $1,242,693Expenses 2015: $1,171,343Net Income 2015: $71,3502015Revenue 2016: $1,132,926Expenses 2016: $1,067,922Net Income 2016: $65,0042016Revenue 2017: $1,179,637Expenses 2017: $1,108,453Net Income 2017: $71,1842017Revenue 2018: $1,192,114Expenses 2018: $1,303,734Net Income 2018: -$111,6202018Revenue 2019: $1,306,514Expenses 2019: $1,240,071Net Income 2019: $66,4432019Revenue 2020: $699,994Expenses 2020: $820,424Net Income 2020: -$120,4302020Revenue 2021: $1,363,849Expenses 2021: $1,094,977Net Income 2021: $268,8722021Revenue 2022: $413,256Expenses 2022: $814,187Net Income 2022: -$400,9312022Revenue 2023: $297,458Expenses 2023: $306,846Net Income 2023: -$9,3882023Revenue 2024: $590,139Expenses 2024: $676,136Net Income 2024: -$85,9972024

Highlighted filing

2024

Revenue$590,139
Expenses$676,136
Net Income-$85,997

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.20$0.22$0.03$0.59$0.68$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.07$0.06$0.30$0.31$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.04$0.07$0.41$0.81$0.40
2021Detailed filing. Detailed filing data is available for this year.$0.57$0.10$0.47$1.36$1.09$0.27
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.10$0.20$0.70$0.82$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.00$0.32$1.31$1.24$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$1.19$1.30$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.00$0.37$1.18$1.11$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.00$0.30$1.13$1.07$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$1.24$1.17$0.07
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.00$0.16$0.72$0.74$0.02
2013Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.63$0.63$0.00
2012Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$0.66$0.65$0.01
2011Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.42$0.45$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 30, 2025
Return Version
2024v5.2
Gross Receipts
$590,139
Mission and Program Overview

Mission

To provide training and education to youth ages 8 - 20, as well as providing competitive playing opportunities

To provide training and education to youth ages 8-20, as well as providing competitive playing opportunities

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$122,588$189,396▲ $66,808
Land, Buildings, and Equipment, Net$7,480$5,610▼ $1,870
Accounts Receivable-$2,374-
Total Assets$131,196$198,508▲ $67,312
Other Assets Total$1,128$1,128→ $0
Liabilities
Other Liabilities$70,269$223,578▲ $153,309
Total Liabilities$70,269$223,578▲ $153,309
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$60,927$-25,070▼ $85,997
Total Net Assets Fund Balance$60,927$-25,070▼ $85,997
Total Liabilities and Net Assets / Fund Balance$131,196$198,508▲ $67,312

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,610$3,740-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard JonesChairperson
Kyle LinebergerBoys Competitive Director
Robert MonroeBoys High School Director
Donald BrownDirector
Johnny TranDirector
Kerry DennisonDirector
Nicholas TallmanDirector
Paul MulvanyExecutive Director
Richard DellGirls Competitive Director
Gregory BorchersRecreational Director
Peter WhitfieldGeneral Manager
Daniel BertschGirls High School Direcotr
Dawn JenksOfficer Manager and Fundraising COO
Stephanie MusellaSecretary
Lori SpitzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$16,372
Program Service Revenue
$573,767
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-85,997
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$348,404
Salaries, Compensation, and Employee Benefits$327,732
Total Fundraising Expense$445
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$209,539--$209,539
Occupancy$83,249$23,847-$107,096
Current Officers, Directors, Trustees, and Key Employees-$93,693-$93,693
Fees for Services Other$62,735--$62,735
All Other Expenses$13,725$12,790-$26,515
Payroll Taxes$17,103$7,397-$24,500
Other Expenses$14,374$7,324-$21,698
Fees for Services Accounting-$9,000-$9,000
Fees for Services Legal$8,802--$8,802
Insurance$800$6,959-$7,759
Office Expenses$37$6,706-$6,743
Advertising$3,732$1,740-$5,472
Depreciation Depletion-$1,870-$1,870
Fees for Services Management--$445$445
Interest-$287-$287
Total Functional Expenses$502,965$172,726$445$676,136
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Scrip Cards----
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$192,963
Credit Cards$28,466
Fundraiser liability$2,149
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Asset material diversion Part VI line 5

Divested the competitive program and related assets during the year to a separate non-profit focused on competitve soccer.

Members or stockholder classes and rights Part VI line 6

Each family with a participating child is a member of WAFC

Member election for additional members Part VI line 7A

WAFC members elect the Board of Directors who in turn oversee the professional staff of WAFC

Governing body decisions Part VI line 7B

WAFC Board members meet on a regular basis to vote on all organizational decisions or changes to bylaws and operating processes. The Executive Director attends all Board meetings.

Form 990 governing body review Part VI line 11

A meeting was held with the principal directors and officers to review the accounting records and Form 990 before submission

Conflict of interest policy compliance Part VI line 12C

Any potential conflict of interest is queried and investigated by the Board of Directors at all Board meetings

CEO executive director top management comp Part VI line 15A

Data is obtained by the Board of Directors from comparable entities to insure the top managements salary paid is consistent with the Denver market. The Board of Directors is not paid for their services.

Other officer or key employee compensation Part VI line 15B

In a manner similar to salary determination for top management salaries for other officers and key employees are determined to be consistent with the Denver market

Governing documents etc available to public Part VI line 19

Governing documents and financial statements are available to the public upon request at the WAFC offices during normal business hours

Filing and Contact Details

Filer

Filer Name
Westminster AFC Inc
EIN
20-5445903
In Care Of
% Paul Mulvany
Phone
3036691898
Address
9035 Wadsworth Pkwy STE 1300, Broomfield, CO 80021

Signing Officer

Name
Paul Mulvany
Title
Executive Director
Phone
3036691898
Signed
2025-10-30
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
5
Volunteers
15

Preparer

Firm
ImpAcct LLC
Address
9101 Harlan St Ste 135, Westminster, CO 80031
Preparer
Teresa Lindberg
Phone
7205356914
Supplemental Narrative

Additional Explanations

Cessation of or significant change to any program service Part III line 3

Transferred the Competitive program to similar local organization in March 2022.

List of other fees for services expenses Part IX line 11G

Coaching contractors: $1,650 Referees: $15,201

List of other expenses Part IX line 24E

Other expenses include the loss on the divesture of the competitive soccer program to separate non-profit.

Raw XML AppendixShowing 400 of 457 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt1Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Girls Competitive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Recreational Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Officer Manager and Fundraising Coo
IRS990/Form990PartVIISectionAGrp/TitleTxt12Boys Competitive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Boys High School Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Girls High School Direcotr
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IRS990/MissionDesc0To provide training and education to youth ages 8-20, as well as providing competitive playing opportunities
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IRS990/OtherExpensesGrp/Desc0Equipment
IRS990/OtherExpensesGrp/Desc1Tournaments
IRS990/OtherExpensesGrp/Desc2Team ex supplies uniforms
IRS990/OtherExpensesGrp/Desc3Bank and merch proc fees
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IRS990/ProgSrvcAccomActy2Grp/Desc0Provide soccer competitive program for youth ages 8-20.
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit Cards
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred Revenue
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Divested the competitive program and related assets during the year to a separate non-profit focused on competitve soccer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each family with a participating child is a member of WAFC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WAFC members elect the Board of Directors who in turn oversee the professional staff of WAFC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WAFC Board members meet on a regular basis to vote on all organizational decisions or changes to bylaws and operating processes. The Executive Director attends all Board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A meeting was held with the principal directors and officers to review the accounting records and Form 990 before submission
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Any potential conflict of interest is queried and investigated by the Board of Directors at all Board meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Data is obtained by the Board of Directors from comparable entities to insure the top managements salary paid is consistent with the Denver market. The Board of Directors is not paid for their services.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7In a manner similar to salary determination for top management salaries for other officers and key employees are determined to be consistent with the Denver market
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Governing documents and financial statements are available to the public upon request at the WAFC offices during normal business hours
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Transferred the Competitive program to similar local organization in March 2022.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Coaching contractors: $1,650 Referees: $15,201
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Other expenses include the loss on the divesture of the competitive soccer program to separate non-profit.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Asset material diversion Part VI line 5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Cessation of or significant change to any program service Part III line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11List of other expenses Part IX line 24e
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0676136

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