Civic Intelligence

The Reds Academy Inc

EIN 20-5999260 • 501(c)7 • The Colony, TX

Profile

The Reds Academy program is the developmental bridge created to guide young enthusiastic players from recreational into select soccer. With the efforts of our professional coaches young players and families are introduced into the age-appropriate progression of skills and curriculum known as the Reds Academy program. We believe that all players given the opportunity to explore their potential and pursue positive outcomes on and off the field are winners. The Reds Academy believes the best way to assure success for any academy athlete is to keep the focus on development and fun. The talented coaches are committed to bringing an unparalleled soccer experience to the young player and believe that this is the best academy program in North Texas.

7801 Main StreetThe Colony, TX 75056

www.liverpoolfcamerica.com/Academy

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2016

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2016

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2016

Asset Growth

49th percentile

0.0%

Faster asset growth than 49% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Flat

$4,843

Flat from 2015

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Flat

$4,843

Flat from 2015

Revenue

Down

$0

Down $9,792 (-100%) from 2015

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $77,997Liabilities 2011: $3,988Net Assets 2011: $74,0092011Assets 2012: $165,632Liabilities 2012: $77,739Net Assets 2012: $87,8932012Assets 2013: $77,356Liabilities 2013: $10,993Net Assets 2013: $66,3632013Assets 2014: $27,773Liabilities 2014: $0Net Assets 2014: $27,7732014Assets 2015: $4,843Net Assets 2015: $4,8432015Assets 2016: $4,843Net Assets 2016: $4,8432016

Highlighted filing

2016

Assets$4,843
Liabilities-
Net Assets$4,843

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $565,2532011Expenses 2012: $648,9752012Revenue 2013: $829,983Expenses 2013: $851,513Net Income 2013: -$21,5302013Revenue 2014: $378,632Expenses 2014: $417,222Net Income 2014: -$38,5902014Revenue 2015: $9,792Expenses 2015: $32,722Net Income 2015: -$22,9302015Revenue 2016: $02016

Highlighted filing

2016

Revenue$0
Expenses-
Net Income-

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Mission and Program Overview

Mission

The Reds Academy program is the developmental bridge created to guide young enthusiastic players from recreational into select soccer. With the efforts of our professional coaches young players and families are introduced into the age-appropriate progression of skills and curriculum known as the Reds Academy program. We believe that all players given the opportunity to explore their potential and pursue positive outcomes on and off the field are winners. The Reds Academy believes the best way to assure success for any academy athlete is to keep the focus on development and fun. The talented coaches are committed to bringing an unparalleled soccer experience to the young player and believe that this is the best academy program in North Texas.

Program Services

DescriptionGrantsExpenses
Approximately 80 academy teams were formed throughout 2013 in which approximately 800 youths, both boys and girls, ages 5 -9 were given developmental instruction in soccer.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter BrodyDirectorPT$0--
Karen BrodyDirector-$0--
Greg BertrandDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Reds Academy Inc
EIN
20-5999260
Phone
4693843400
Address
7801 Main Street, The Colony, TX 75056

Signing Officer

Name
Peter Brody
Title
President
Signed
2017-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Burns Stewart & Associates PC
Address
525 S Stemmons Fwy, Lewisville, TX 75067
Preparer
Jeff D Stewart CPA
Phone
9724362666
Supplemental Narrative

Additional Explanations

Other Assets.1003

Machinery and Equipment - Beginning $4843 Machinery and Equipment - Ending $4843

Raw XML Appendix88 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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ReturnHeader/ReturnTs02017-11-14T09:08:07-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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