Civic Intelligence

Galaxy Soccer Club

990 • Fiscal year 2014 • EIN 36-4342403

Aug 01, 2013 to Jul 31, 2014 • Filed on Jan 11, 2016

530 West 5th Avenue60563

(630) 548-4300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

59th percentile

5.8%

Higher net margin than 59% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

74th percentile

$110,277

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

87th percentile

30%

Faster asset growth than 87% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$423,019

Up $98,218 (+30%) from 2013

Net Assets

Up

$423,019

Up $98,218 (+30%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

$1,568,148

No earlier filing loaded for comparison.

Expenses

Up

$1,477,164

Up $205,371 (+16%) from 2013

Net Income

$90,984

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $229,144Liabilities 2011: $0Net Assets 2011: $229,1442011Assets 2012: $253,101Liabilities 2012: $0Net Assets 2012: $253,1012012Assets 2013: $324,801Liabilities 2013: $0Net Assets 2013: $324,8012013Assets 2014: $423,019Liabilities 2014: $0Net Assets 2014: $423,0192014Assets 2015: $444,652Liabilities 2015: $0Net Assets 2015: $444,6522015Assets 2016: $325,962Liabilities 2016: $0Net Assets 2016: $325,9622016Assets 2017: $230,842Liabilities 2017: $0Net Assets 2017: $230,8422017Assets 2018: $249,390Liabilities 2018: $0Net Assets 2018: $249,3902018Assets 2019: $360,659Liabilities 2019: $0Net Assets 2019: $360,6592019Assets 2021: $899,106Liabilities 2021: $0Net Assets 2021: $899,1062021Assets 2022: $1,060,372Liabilities 2022: $0Net Assets 2022: $1,060,3722022

Highlighted filing

2014

Assets$423,019
Liabilities$0
Net Assets$423,019

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,111,9442011Expenses 2012: $1,247,4552012Expenses 2013: $1,271,7932013Revenue 2014: $1,568,148Expenses 2014: $1,477,164Net Income 2014: $90,9842014Revenue 2015: $1,485,231Expenses 2015: $1,464,463Net Income 2015: $20,7682015Revenue 2016: $1,534,699Expenses 2016: $1,655,404Net Income 2016: -$120,7052016Revenue 2017: $1,548,301Expenses 2017: $1,633,414Net Income 2017: -$85,1132017Revenue 2018: $1,692,368Expenses 2018: $1,673,820Net Income 2018: $18,5482018Revenue 2019: $1,839,810Expenses 2019: $1,728,541Net Income 2019: $111,2692019Revenue 2021: $2,147,043Expenses 2021: $1,741,223Net Income 2021: $405,8202021Revenue 2022: $2,271,460Expenses 2022: $2,110,194Net Income 2022: $161,2662022

Highlighted filing

2014

Revenue$1,568,148
Expenses$1,477,164
Net Income$90,984
Jump To
Filing Snapshot
Filing Period
Aug 1, 2013 to Jul 31, 2014
Signed
Jan 11, 2016
Return Version
2013v4.0
Gross Receipts
$1,645,716
Mission and Program Overview

Mission

Galaxy soccer club is committed to providing the best soccer educators and programs to prepare players ages 18 and younger, for the highest level of desired play whether it is high school, college, olympic development program (odp) or professional soccer. Our emphasis is on long-term player growth. Galaxy soccer club provides players with a solid foundation upon which they can improve and develop on a team that is appropriate for each individual player.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$324,801$415,785▲ $90,984
Total Assets$324,801$423,019▲ $98,218
Other Assets Total$0$7,234▲ $7,234
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$324,801$423,019▲ $98,218
Total Net Assets Fund Balance$324,801$423,019▲ $98,218
Total Liabilities and Net Assets / Fund Balance$324,801$423,019▲ $98,218
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brett StrangExecutive DirectorFT$110,277$110,277

Board Members and Trustees

NameTitle
Chet HartsockPresident
Ryan RigbyVice President
Craig HippDirector
Jim MarkDirector
Kelle BieschkeDirector
Kyle BerryDirector
Lynn MiltonDirector
Bill StelterSecretary
Mark KawinskiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$26,000
Program Service Revenue
$1,501,996
Investment Income
$329
Other Revenue
$39,823
All Other Contributions
$26,000
Change in Net Assets
$90,984

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,568,148
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$133,104
Total Revenue per Audited Statements
$1,701,252
Total Revenue per Form 990
$1,568,148
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,182,165
Salaries, Compensation, and Employee Benefits$294,999
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$183,417$21,428-$204,845
Other Salaries and Wages$154,474$9,081-$163,555
Fees for Services Management$156,234--$156,234
Current Officers, Directors, Trustees, and Key Employees$104,154$6,123-$110,277
Other Expenses$47,966--$47,966
All Other Expenses$24,759--$24,759
Insurance-$21,208-$21,208
Payroll Taxes$19,992$1,175-$21,167
Office Expenses-$15,780-$15,780
Advertising$6,708$326-$7,034
Fees for Services Accounting-$5,300-$5,300
Information Technology$3,013$507-$3,520
Conferences and Meetings-$1,040-$1,040
Fees for Services Legal-$50-$50
Total Functional Expenses$1,395,146$82,018$0$1,477,164

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,613,307
Expenses per Audited Statements$1,477,164
Total Expenses per Form 990$1,477,164
Expenses Not Reported on Form 990$136,143
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,061
Fundraising Direct Expenses$1,662
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Form 990 is provided to and reviewed by the treasurer, who is a member of the board of directors.

Form 990, Part VI, Section B, Line 15A

The governing body determines compensation utilizing comparability data of similiar positions in athletic organizations.

Form 990, Part VI, Section C, Line 19

The club's governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

EIN
36-4342403
Phone
6305484300

Signing Officer

Name
Chet Hartsock
Title
President
Phone
6305484300
Signed
2016-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chet Hartsock
Formed
1998
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
500

Preparer

Preparer
Joseph G Meyer
Phone
6309541400
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct special event expenses 1,662. Cost of goods sold 75,906. Great lakes soccer management, inc. Revenues 55,536.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct special event expenses 1,662. Cost of goods sold 75,906. Great lakes soccer management, inc. Expenses 58,575.

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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04223
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0311
IRS990/PYOtherExpensesAmt0960436
IRS990/PYOtherRevenueAmt0-16517
IRS990/PYProgramServiceRevenueAmt01355476
IRS990/PYRevenuesLessExpensesAmt071700
IRS990/PYSalariesCompEmpBnftPaidAmt0311357
IRS990/PYTotalExpensesAmt01271793
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01343493
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt090984
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01538420
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0FUNDRAISING - 2013 AMOUNT: $ 5,061.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt026000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01375699
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01208160
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01180496
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01100135
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04890490
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0329
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0311
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0333
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0244
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0551
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01768
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01614326
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01614326
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0329
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0311
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0333
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0244
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0551
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01768
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt05061
IRS990ScheduleA/OtherIncome509Grp/TotalAmt05061
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99900
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt06504816
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01640326
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01375699
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01208160
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01180496
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01100135
IRS990ScheduleA/Total509Grp/TotalAmt06504816
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01645716
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01376010
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01208493
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01180740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01100686
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06511645
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt0136143
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01477164
IRS990ScheduleD/OtherExpensesIncludedAmt0136143
IRS990ScheduleD/OtherRevenueAmt0133104
IRS990ScheduleD/RevenueNotReportedAmt0133104
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01568148
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT SPECIAL EVENT EXPENSES 1,662. COST OF GOODS SOLD 75,906. GREAT LAKES SOCCER MANAGEMENT, INC. REVENUES 55,536.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT SPECIAL EVENT EXPENSES 1,662. COST OF GOODS SOLD 75,906. GREAT LAKES SOCCER MANAGEMENT, INC. EXPENSES 58,575.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01477164
IRS990ScheduleD/TotalRevenuePerForm990Amt01568148
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01701252
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01613307
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO AND REVIEWED BY THE TREASURER, WHO IS A MEMBER OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY DETERMINES COMPENSATION UTILIZING COMPARABILITY DATA OF SIMILIAR POSITIONS IN ATHLETIC ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CLUB'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine10GALAXY SOCCER CLUB
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0270156706
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0SOCCER FIELD MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine10GREAT LAKES SOCCER MANAGEMENT INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt07234
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt0-3039
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine10530 W 5TH AVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/City0NAPERVILLE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/State0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCode060563
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00

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