Civic Intelligence

Duluth Vaxjo Soccer Exchange Inc

EIN 47-0934579 • 501(c)3 • Duluth, MN

Profile

The organization's mission is to provide opportunities for youth soccer players in the duluth and surrounding communities to participate in a cultural exchange with similar youth from vaxjo, sweden.

23 W Central Entrance Box 329Duluth, MN 55811

www.sistercitysoccer.org

Siviq Scores

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

Liabilities / Assets

81st percentile

0.16x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

19th percentile

-29%

Higher net margin than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

86th percentile

$3,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

23rd percentile

-34%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

34th percentile

-17%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$26,746

Down $13,486 (-34%) from 2017

Liabilities

Up

$4,234

Up $1,880 (+80%) from 2017

Net Assets

Down

$22,512

Down $15,366 (-41%) from 2017

Revenue

Down

$52,601

Down $10,507 (-17%) from 2017

Expenses

Up

$67,967

Up $3,514 (+5.5%) from 2017

Net Income

Down

-$15,366

Down $14,021 (-1042%) from 2017

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $45,139Net Assets 2011: $45,1392011Assets 2013: $53,205Liabilities 2013: $212Net Assets 2013: $52,9932013Assets 2014: $50,395Liabilities 2014: $55Net Assets 2014: $50,3402014Assets 2015: $58,726Liabilities 2015: $249Net Assets 2015: $58,4772015Assets 2016: $51,710Liabilities 2016: $12,487Net Assets 2016: $39,2232016Assets 2017: $40,232Liabilities 2017: $2,354Net Assets 2017: $37,8782017Assets 2018: $26,746Liabilities 2018: $4,234Net Assets 2018: $22,5122018

Highlighted filing

2018

Assets$26,746
Liabilities$4,234
Net Assets$22,512

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $54,289Expenses 2011: $42,693Net Income 2011: $11,5962011Revenue 2013: $54,775Expenses 2013: $45,451Net Income 2013: $9,3242013Revenue 2014: $57,380Expenses 2014: $60,033Net Income 2014: -$2,6532014Revenue 2015: $52,456Expenses 2015: $44,319Net Income 2015: $8,1372015Revenue 2016: $56,218Expenses 2016: $75,472Net Income 2016: -$19,2542016Revenue 2017: $63,108Expenses 2017: $64,453Net Income 2017: -$1,3452017Revenue 2018: $52,601Expenses 2018: $67,967Net Income 2018: -$15,3662018

Highlighted filing

2018

Revenue$52,601
Expenses$67,967
Net Income-$15,366

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jul 12, 2018
Return Version
2017v2.3
Gross Receipts
$52,601
Mission and Program Overview

Mission

The organization's mission is to provide opportunities for youth soccer players in the duluth and surrounding communities to participate in a cultural exchange with similar youth from vaxjo, sweden.

Program Services

DescriptionGrantsExpenses
THE YOUTH PARTICIPANTS TRAVEL TO SWEDEN IN ODD YEARS TO PLAY IN A SOCCER TOURNAMENT AND TO HAVE A UNIQUE CULTURAL EXPERIENCE WITH SIMILAR YOUTH AND THEIR HOST FAMILIES LIVING IN VAXJO, SWEDEN AND SURROUNDING COMMUNITIES. IN EVEN YEARS, THE ORGANIZATION HOSTS THEIR SWEDISH GUESTS AND INCURS CERTAIN TRAVEL COSTS ON BEHALF OF THEIR SWEDISH GUESTS. IN ADDITION, THE ORGANIZATION HOSTS A YOUTH SOCCER TOURNAMENT FEATURING THE ORGANIZATION'S PARTICIPANTS AND THEIR SWEDISH GUESTS AND OTHER YOUTH TEAMS, GENERALLY FROM DULUTH AND THE SURROUNDING AREA.-$42,312
THE ORGANIZATION FACILITATES INTERACTION BETWEEN THE PLAYERS, COACHES, CHAPERONES, BOARDS AND THE ADULT DELEGATION FROM SWEDEN TO HELP ENSURE THE PARTICIPANTS ARE SAFE AND HAVE THE OPPORTUNITY TO EXPERIENCE THE SWEDISH AND AMERICAN CULTURES.-$14,139
THE ORGANIZATION PROVIDES TEAM MEMBERS WITH THEIR UNIFORMS AND RELATED TRAVEL WEAR TO ENCOURAGE TEAM UNITY AND PROVIDE GREATER SAFETY DURING TRAVEL.-$4,298
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEB FREDRICKSONTreasurer-$3,000-$3,000
ALICIA DAHLINChair-$0--
DEB KELLNERCo-Secretary-$0--
PAUL KELLNERCo-Secretary-$0--
MISSY ROSSDirector-$0--
SUE WEGNERDirector-$0--
HARRY HEAZLETTDirector-$0--
CHRISTINA HEAZLETTDirector-$0--
JANE WORLEYDirector-$0--
JENNY THORNTONDirector-$0--
AMY ALBERTSONDirector-$0--
JODY MESSNERDirector-$0--
ANISSA KARAKASDirector-$0--
Filing and Contact Details

Filer

Filer Name
Duluth Vaxjo Soccer Exchange Inc
EIN
47-0934579
Phone
2187221161
Address
23 W CENTRAL ENTRANCE BOX 329, DULUTH, MN 55811

Signing Officer

Name
Deb Fredrickson
Title
Treasurer
Phone
2187221161
Signed
2018-07-12
Discuss with paid preparer
Yes

Preparer

Firm
Hansen House Company
Address
130 W SUPERIOR ST STE 640, DULUTH, MN 55802-2056
Preparer
Greg a Hansen
Phone
2187221161
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 344 program - travel 15,800 insurance 1,721 program - team uniforms 4,298 program - swedish deleg'n 1,039 bank charges 379 supplies and other 1,291 program - banquet 6,583 program - adult outings 667 program - player outings 5,850 program - tournament 4,456 program - player costs 21,076 dues and registration fee 6 technology costs 1,272 total 64,782

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 21 1,163 deferred revenue 2,333 3,071

Form 990-ez, Part III

The organization's mission is to provide opportunities for youth soccer players in the duluth and surrounding communities to participate in a cultural exchange with similar youth from vaxjo, sweden.

Form 990-ez, Part III, Line 28

The youth participants travel to sweden in odd years to play in a soccer tournament and to have a unique cultural experience with similar youth and their host families living in vaxjo, sweden and surrounding communities. In even years, the organization hosts their swedish guests and incurs certain travel costs on behalf of their swedish guests. In addition, the organization hosts a youth soccer tournament featuring the organization's participants and their swedish guests and other youth teams, generally from duluth and the surrounding area.

Form 990-ez, Part III, Line 29

The organization facilitates interaction between the players, coaches, chaperones, boards and the adult delegation from sweden to help ensure the participants are safe and have the opportunity to experience the swedish and american cultures.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 344 PROGRAM - TRAVEL 15,800 INSURANCE 1,721 PROGRAM - TEAM UNIFORMS 4,298 PROGRAM - SWEDISH DELEG'N 1,039 BANK CHARGES 379 SUPPLIES AND OTHER 1,291 PROGRAM - BANQUET 6,583 PROGRAM - ADULT OUTINGS 667 PROGRAM - PLAYER OUTINGS 5,850 PROGRAM - TOURNAMENT 4,456 PROGRAM - PLAYER COSTS 21,076 DUES AND REGISTRATION FEE 6 TECHNOLOGY COSTS 1,272 TOTAL 64,782
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 21 1,163 DEFERRED REVENUE 2,333 3,071
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S MISSION IS TO PROVIDE OPPORTUNITIES FOR YOUTH SOCCER PLAYERS IN THE DULUTH AND SURROUNDING COMMUNITIES TO PARTICIPATE IN A CULTURAL EXCHANGE WITH SIMILAR YOUTH FROM VAXJO, SWEDEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE YOUTH PARTICIPANTS TRAVEL TO SWEDEN IN ODD YEARS TO PLAY IN A SOCCER TOURNAMENT AND TO HAVE A UNIQUE CULTURAL EXPERIENCE WITH SIMILAR YOUTH AND THEIR HOST FAMILIES LIVING IN VAXJO, SWEDEN AND SURROUNDING COMMUNITIES. IN EVEN YEARS, THE ORGANIZATION HOSTS THEIR SWEDISH GUESTS AND INCURS CERTAIN TRAVEL COSTS ON BEHALF OF THEIR SWEDISH GUESTS. IN ADDITION, THE ORGANIZATION HOSTS A YOUTH SOCCER TOURNAMENT FEATURING THE ORGANIZATION'S PARTICIPANTS AND THEIR SWEDISH GUESTS AND OTHER YOUTH TEAMS, GENERALLY FROM DULUTH AND THE SURROUNDING AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION FACILITATES INTERACTION BETWEEN THE PLAYERS, COACHES, CHAPERONES, BOARDS AND THE ADULT DELEGATION FROM SWEDEN TO HELP ENSURE THE PARTICIPANTS ARE SAFE AND HAVE THE OPPORTUNITY TO EXPERIENCE THE SWEDISH AND AMERICAN CULTURES.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
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