Civic Intelligence

Vernon Hills Soccer Club

990 • Fiscal year 2019 • EIN 46-2850943

Jun 01, 2018 to May 31, 2019 • Filed on Jan 13, 2020

PO Box 5255Vernon Hills, IL 60061

(847) 812-8396

Siviq Scores

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

Liabilities / Assets

68th percentile

0.13x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

69th percentile

0.11x

Higher debt load relative to revenue than 69% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

53rd percentile

4.8%

Higher net margin than 53% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

21st percentile

-6.4%

Faster asset growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

84th percentile

42%

Faster revenue growth than 84% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

$453,614

No earlier filing loaded for comparison.

Net Assets

$393,821

No earlier filing loaded for comparison.

Liabilities

$59,793

No earlier filing loaded for comparison.

Revenue

$521,164

No earlier filing loaded for comparison.

Expenses

$496,390

No earlier filing loaded for comparison.

Net Income

$24,774

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.

$600K$400K$200K$0Assets 2019: $453,614Liabilities 2019: $59,793Net Assets 2019: $393,8212019Assets 2021: $357,717Liabilities 2021: $1,020Net Assets 2021: $356,6972021Assets 2022: $367,483Liabilities 2022: $11,148Net Assets 2022: $356,3352022Assets 2025: $481,797Liabilities 2025: $86,677Net Assets 2025: $395,1202025

Highlighted filing

2019

Assets$453,614
Liabilities$59,793
Net Assets$393,821

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $521,164Expenses 2019: $496,390Net Income 2019: $24,7742019Revenue 2021: $106,278Expenses 2021: $170,942Net Income 2021: -$64,6642021Revenue 2022: $179,167Expenses 2022: $176,107Net Income 2022: $3,0602022Revenue 2025: $187,551Expenses 2025: $177,725Net Income 2025: $9,8262025

Highlighted filing

2019

Revenue$521,164
Expenses$496,390
Net Income$24,774
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Jan 13, 2020
Return Version
2018v3.1
Gross Receipts
$521,164
Mission and Program Overview

Mission

to provide a best in class teaching and coaching organization that develops players to realize potential and fosters a lifelong love for the game.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$283,098$331,694▲ $48,596
Investments in Publicly Traded Securities$155,842$81,038▼ $74,804
Accounts Receivable$38,106$34,280▼ $3,826
Prepaid Expenses and Deferred Charges$6,377$6,229▼ $148
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$484,393$453,614▼ $30,779
Other Assets Total$970$373▼ $597
Liabilities
Accounts Payable and Accrued Expenses$2,394$50,284▲ $47,890
Deferred Revenue$112,153$9,509▼ $102,644
Total Liabilities$114,547$59,793▼ $54,754
Net Assets / Fund Balance
Unrestricted Net Assets$369,846$393,821▲ $23,975
Total Net Assets Fund Balance$369,846$393,821▲ $23,975
Total Liabilities and Net Assets / Fund Balance$484,393$453,614▼ $30,779
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kevin AdkissonPresident
Peter KempfSecretary
Andrew RebackTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,348
Program Service Revenue
$513,981
Investment Income
$4,835
Other Revenue
$0
All Other Contributions
$2,348
Change in Net Assets
$24,774

Audited Revenue Reconciliation

Revenue per Audited Statements
$521,164
Revenue Not Reported on Form 990
$-799
Total Revenue per Audited Statements
$520,365
Total Revenue per Form 990
$521,164
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$496,390
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$62,209$7,792-$70,001
Other Expenses$34,740--$34,740
Fees for Services Accounting-$6,000-$6,000
Total Functional Expenses$482,598$13,792$0$496,390

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$496,390
Total Expenses per Audited Statements$496,390
Total Expenses per Form 990$496,390
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

A draft copy of the tax return was submitted to the treasurer for review. Tax return was reviewed and discussed by board before filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Vernon Hills Soccer Club
EIN
46-2850943
Phone
8478128396
Address
PO BOX 5255, VERNON HILLS, IL 60061

Signing Officer

Name
Andrew Reback
Title
Treasurer
Signed
2020-01-13
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Karlin Kerschner Sharpe & Company LLP
Address
666 Dundee Road Ste 1802, Northbrook, IL 60062-2739
Preparer
Susan M Romanoski
Phone
8472726050
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

AWARDS: Column (A) - Total = $2404; Column (B) - Program Services = $2404; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

BANK & CREDIT CARD CHARGES: Column (A) - Total = $567; Column (B) - Program Services = $0; Column (C) - Management & General = $567; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

BUSINESS REGISTRATION FEES: Column (A) - Total = $10; Column (B) - Program Services = $0; Column (C) - Management & General = $10; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

INSURANCE: Column (A) - Total = $995; Column (B) - Program Services = $0; Column (C) - Management & General = $995; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

MISCELLANEOUS: Column (A) - Total = $710; Column (B) - Program Services = $0; Column (C) - Management & General = $710; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

OFFICE EXPENSES: Column (A) - Total = $1345; Column (B) - Program Services = $0; Column (C) - Management & General = $1345; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

PLAYER FEES: Column (A) - Total = $5200; Column (B) - Program Services = $5200; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

RECREATION DIRECTOR FEE: Column (A) - Total = $5000; Column (B) - Program Services = $5000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

REFEREE EXPENSE: Column (A) - Total = $8395; Column (B) - Program Services = $8395; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

SCHOLARSHIP EXPENSES: Column (A) - Total = $21200; Column (B) - Program Services = $21200; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TOURNAMENT EXPENSES: Column (A) - Total = $20010; Column (B) - Program Services = $20010; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

TRAVEL AND MEETINGS: Column (A) - Total = $4165; Column (B) - Program Services = $0; Column (C) - Management & General = $4165; Column (D) - Fundraising = $0

Other Changes In Net Assets Or Fund Balances - Other Decreases

Unrealized loss on investments = -$799

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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98760
IRS990ScheduleA/PublicSupportPY509Pct00.98920
IRS990ScheduleA/PublicSupportTotal509Amt01954178
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt05300
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt03800
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt03800
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt03550
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt016450
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0516329
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0364655
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0337163
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0406923
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0345558
IRS990ScheduleA/Total509Grp/TotalAmt01970628
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0521164
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0367841
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0337169
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0406923
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0345558
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01978655
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0496390
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-799
IRS990ScheduleD/RevenueNotReportedAmt0-799
IRS990ScheduleD/RevenueSubtotalAmt0521164
IRS990ScheduleD/TotalExpensesPerForm990Amt0496390
IRS990ScheduleD/TotalRevenuePerForm990Amt0521164
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0520365
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0496390
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE TAX RETURN WAS SUBMITTED TO THE TREASURER FOR REVIEW. TAX RETURN WAS REVIEWED AND DISCUSSED BY BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AWARDS: Column (A) - Total = $2404; Column (B) - Program Services = $2404; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK & CREDIT CARD CHARGES: Column (A) - Total = $567; Column (B) - Program Services = $0; Column (C) - Management & General = $567; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BUSINESS REGISTRATION FEES: Column (A) - Total = $10; Column (B) - Program Services = $0; Column (C) - Management & General = $10; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INSURANCE: Column (A) - Total = $995; Column (B) - Program Services = $0; Column (C) - Management & General = $995; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MISCELLANEOUS: Column (A) - Total = $710; Column (B) - Program Services = $0; Column (C) - Management & General = $710; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OFFICE EXPENSES: Column (A) - Total = $1345; Column (B) - Program Services = $0; Column (C) - Management & General = $1345; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PLAYER FEES: Column (A) - Total = $5200; Column (B) - Program Services = $5200; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9RECREATION DIRECTOR FEE: Column (A) - Total = $5000; Column (B) - Program Services = $5000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10REFEREE EXPENSE: Column (A) - Total = $8395; Column (B) - Program Services = $8395; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11SCHOLARSHIP EXPENSES: Column (A) - Total = $21200; Column (B) - Program Services = $21200; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12TOURNAMENT EXPENSES: Column (A) - Total = $20010; Column (B) - Program Services = $20010; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13TRAVEL AND MEETINGS: Column (A) - Total = $4165; Column (B) - Program Services = $0; Column (C) - Management & General = $4165; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14UNREALIZED LOSS ON INVESTMENTS = -$799
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0484393
IRS990/TotalAssetsEOYAmt0453614
IRS990/TotalAssetsGrp/BOYAmt0484393
IRS990/TotalAssetsGrp/EOYAmt0453614
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02348
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013792
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0482598
IRS990/TotalFunctionalExpensesGrp/TotalAmt0496390
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0114547
IRS990/TotalLiabilitiesEOYAmt059793
IRS990/TotalLiabilitiesGrp/BOYAmt0114547
IRS990/TotalLiabilitiesGrp/EOYAmt059793
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0369846
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0393821
IRS990/TotalProgramServiceExpensesAmt0482598
IRS990/TotalProgramServiceRevenueAmt0513981
IRS990/TotalRevenueGrp/ExclusionAmt04835
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0513981
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0521164
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0484393
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0453614
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0369846
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0393821
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 5255
IRS990/USAddress/CityNm0VERNON HILLS
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060061
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0VHSC.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREW REBACK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VERNON HILLS SOCCER CLUB
ReturnHeader/Filer/BusinessNameControlTxt0VERN
ReturnHeader/Filer/EIN0462850943
ReturnHeader/Filer/PhoneNum08478128396
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 5255

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