Civic Intelligence

Memphis Soccer Education Inc

990 • Fiscal year 2016 • EIN 62-1456023

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 14, 2016

1335 East CrestwoodMemphis, TN 38119

(901) 752-0222

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

56th percentile

5.2%

Higher net margin than 56% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

73rd percentile

$63,000

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

86th percentile

35%

Faster asset growth than 86% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

57th percentile

6.6%

Faster revenue growth than 57% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$151,338

Up $39,131 (+35%) from 2015

Net Assets

Up

$151,338

Up $39,131 (+35%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$746,203

Up $45,879 (+6.6%) from 2015

Expenses

Up

$707,072

Up $45,677 (+6.9%) from 2015

Net Income

Up

$39,131

Up $202 (+0.5%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2011: $595Liabilities 2011: $153,740Net Assets 2011: -$153,1452011Assets 2012: -$3,796Liabilities 2012: $104,871Net Assets 2012: -$108,6672012Assets 2013: $110Liabilities 2013: $0Net Assets 2013: $1102013Assets 2014: $73,278Liabilities 2014: $0Net Assets 2014: $73,2782014Assets 2015: $112,207Liabilities 2015: $0Net Assets 2015: $112,2072015Assets 2016: $151,338Liabilities 2016: $0Net Assets 2016: $151,3382016Assets 2017: $201,127Liabilities 2017: $0Net Assets 2017: $201,1272017Assets 2018: $283,656Liabilities 2018: $20,000Net Assets 2018: $263,6562018Assets 2019: $177,720Liabilities 2019: $1,495Net Assets 2019: $176,2252019Assets 2020: $221,670Liabilities 2020: $0Net Assets 2020: $221,6702020Assets 2021: $156,630Liabilities 2021: $0Net Assets 2021: $156,6302021Assets 2022: $45,005Liabilities 2022: $0Net Assets 2022: $45,0052022Assets 2023: $0Liabilities 2023: $4,629Net Assets 2023: -$4,6292023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2016

Assets$151,338
Liabilities$0
Net Assets$151,338

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $963,6252011Expenses 2012: $835,6742012Expenses 2013: $402,9082013Revenue 2014: $384,392Expenses 2014: $311,226Net Income 2014: $73,1662014Revenue 2015: $700,324Expenses 2015: $661,395Net Income 2015: $38,9292015Revenue 2016: $746,203Expenses 2016: $707,072Net Income 2016: $39,1312016Revenue 2017: $735,562Expenses 2017: $685,773Net Income 2017: $49,7892017Revenue 2018: $769,452Expenses 2018: $706,923Net Income 2018: $62,5292018Revenue 2019: $663,566Expenses 2019: $750,159Net Income 2019: -$86,5932019Revenue 2020: $807,577Expenses 2020: $762,132Net Income 2020: $45,4452020Revenue 2021: $760,302Expenses 2021: $686,117Net Income 2021: $74,1852021Revenue 2022: $390,047Expenses 2022: $501,672Net Income 2022: -$111,6252022Revenue 2023: $370,106Expenses 2023: $419,740Net Income 2023: -$49,6342023Revenue 2024: $74,026Expenses 2024: $83,258Net Income 2024: -$9,2322024

Highlighted filing

2016

Revenue$746,203
Expenses$707,072
Net Income$39,131
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 14, 2016
Return Version
2015v3.0
Gross Receipts
$746,203
Mission and Program Overview

Mission

To promote the sport of soccer through teaching the children and adults of the memphis tn area to play soccer.

To promote the sport of soccer

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$112,207$151,338▲ $39,131
Rtn Earn Endowment Incm Other Fnds$112,207$151,338▲ $39,131
Total Assets$112,207$151,338▲ $39,131
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$112,207$151,338▲ $39,131
Total Liabilities and Net Assets / Fund Balance$112,207$151,338▲ $39,131
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Richard ButePresidentFT$63,000$63,000
Tony Mcmanus-PT$26,499$26,499

Board Members and Trustees

NameTitle
Rhamos AurVice President
Gwen HubbardDirector
Jack SchenkelDirector
Kathy NeatDirector
Violetta ButeDirector
Deborah BriganceSec Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$746,203
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$39,131
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$499,985
Salaries, Compensation, and Employee Benefits$207,087
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$116,467$6,839-$123,306
Fees for Services Other$122,745--$122,745
Other Salaries and Wages-$94,000-$94,000
Current Officers, Directors, Trustees, and Key Employees$26,499$63,000-$89,499
Payroll Taxes$1,989$12,599-$14,588
Pension Plan Contributions-$9,000-$9,000
Office Expenses-$4,220-$4,220
Fees for Services Accounting-$2,685-$2,685
Travel$2,521--$2,521
Insurance-$2,432-$2,432
Advertising$2,219--$2,219
Conferences and Meetings-$1,455-$1,455
Other Expenses$200--$200
Total Functional Expenses$510,842$196,230$0$707,072
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Memphis Soccer Education Inc
EIN
62-1456023
Phone
9017520222
Address
1335 EAST CRESTWOOD, MEMPHIS, TN 38119

Signing Officer

Name
Richard Bute
Title
Secretary
Phone
9017520222
Signed
2016-11-14

Organization Details

Principal Officer
Richard Bute
Formed
1990
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
4
Employees
0

Preparer

Firm
H and R Block
Address
5384 POPLAR AVE, MEMPHIS, TN 38119
Preparer
Thomas Tracy
Phone
9013272968
Supplemental Narrative

Additional Explanations

Tax Return Copies

Maintained in office and made available to anyone.

Raw XML Appendix349 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/Desc0MEMPHIS FUTBOL CLUB: COACHES WORK WITH OVER 800 PLAYERS UP TO THE AGE OF 19. THOSE PLAYERS ARE LEARNING TO PARTICIPATE AT A HIGHER SKILL LEVEL. MFC: PLAYERS PREPARE FOR HS, COLLEGE & PROFESSIONAL COMPETITION. MSA: LARGE RECREATIONAL PROGRAM. AGES 6 & UP. MFC JUNIORS: TEAMS WITH PLAYERS AGES 8-12, PLAYING IN LOCAL MRSC LEAGUE. MEMPHIS INVITATIONAL TOURNAMENT: MORE THAN 100 SOCCER TEAMS LEARNING TO COMPETE WITH THE WORLD'S BEST PLAYERS OF THE SAME AGE. PARENTS ARE LEARNING TO ORGANIZE AND RUN SUCH A TOURNAMENT. MEMPHIS SUMMER CAMPS: SPECIAL VISITING COACHES AND INTENSIVE SKILLS TRAINING PROVIDED TO MFD AND MFC JUNIORS AT NO CHARGE. ALSO, UPON REQUEST, OPEN TO OTHER GROUPS SUCH AS SCHOOLS AND CHURCHES WHO CAN PLAY.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1SEC TREAS
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IRS990/TotalAssetsBOYAmt0112207
IRS990/TotalAssetsEOYAmt0151338
IRS990/TotalAssetsGrp/BOYAmt0112207
IRS990/TotalAssetsGrp/EOYAmt0151338
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0196230
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0510842
IRS990/TotalFunctionalExpensesGrp/TotalAmt0707072
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0112207
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0151338
IRS990/TotalProgramServiceExpensesAmt0510842
IRS990/TotalProgramServiceRevenueAmt0746203
IRS990/TotalReportableCompFromOrgAmt089499
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0746203
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0746203
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0112207
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0151338
IRS990/TravelGrp/ProgramServicesAmt02521
IRS990/TravelGrp/TotalAmt02521
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01335 E CRESTWOOD
IRS990/USAddress/CityNm0Memphis
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038119
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD BUTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum09017520222
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEMPHIS SOCCER EDUCATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MEMP
ReturnHeader/Filer/EIN0621456023
ReturnHeader/Filer/PhoneNum09017520222
ReturnHeader/Filer/USAddress/AddressLine1Txt01335 EAST CRESTWOOD
ReturnHeader/Filer/USAddress/CityNm0MEMPHIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038119
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0H AND R BLOCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05384 POPLAR AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MEMPHIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038119
ReturnHeader/PreparerPersonGrp/PhoneNum09013272968
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Thomas Tracy
ReturnHeader/ReturnTs02017-01-20T17:48:17Z
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.74$0.83$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.05$0.05$3.70$4.20$0.50
2022Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$3.90$5.02$1.12
2021Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$7.60$6.86$0.74
2020Detailed filing. Detailed filing data is available for this year.$2.22$0.00$2.22$8.08$7.62$0.45
2019Detailed filing. Detailed filing data is available for this year.$1.78$0.01$1.76$6.64$7.50$0.87
2018Detailed filing. Detailed filing data is available for this year.$2.84$0.20$2.64$7.69$7.07$0.63
2017Detailed filing. Detailed filing data is available for this year.$2.01$0.00$2.01$7.36$6.86$0.50
2016Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$7.46$7.07$0.39
2015Summary only. Only limited summary data is available for this year.$1.12$0.00$1.12$7.00$6.61$0.39
2014Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$3.84$3.11$0.73
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$4.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$1.05$1.09$8.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$1.54$1.53$9.64