Civic Intelligence

Rac Milan Sc

990 • Fiscal year 2023 • EIN 76-0785776

May 01, 2022 to Apr 30, 2023 • Filed on Jun 27, 2023

3498 Castaic StreetRiverside, CA 92501

(951) 743-2374

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

34th percentile

-4.7%

Higher net margin than 34% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$2,880

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

9th percentile

-55%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

9th percentile

-59%

Faster revenue growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$26,980

Down $33,343 (-55%) from 2022

Net Assets

Down

$26,980

Down $33,343 (-55%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$94,004

Down $137,646 (-59%) from 2022

Expenses

Down

$98,393

Down $138,823 (-59%) from 2022

Net Income

Up

-$4,389

Up $1,177 (+21%) from 2022

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2012: $23,252Liabilities 2012: $0Net Assets 2012: $23,2522012Assets 2013: $35,083Liabilities 2013: $0Net Assets 2013: $35,0832013Assets 2015: $31,240Liabilities 2015: $0Net Assets 2015: $31,2402015Assets 2016: $23,618Liabilities 2016: $0Net Assets 2016: $23,6182016Assets 2017: $26,563Liabilities 2017: $0Net Assets 2017: $26,5632017Assets 2018: $42,747Liabilities 2018: $0Net Assets 2018: $42,7472018Assets 2019: $30,230Liabilities 2019: $0Net Assets 2019: $30,2302019Assets 2020: $22,140Liabilities 2020: $0Net Assets 2020: $22,1402020Assets 2021: $64,888Liabilities 2021: $0Net Assets 2021: $64,8882021Assets 2022: $60,323Liabilities 2022: $0Net Assets 2022: $60,3232022Assets 2023: $26,980Liabilities 2023: $0Net Assets 2023: $26,9802023Assets 2024: $24,861Liabilities 2024: $0Net Assets 2024: $24,8612024Assets 2025: $39,963Liabilities 2025: $0Net Assets 2025: $39,9632025

Highlighted filing

2023

Assets$26,980
Liabilities$0
Net Assets$26,980

Operations Trend

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

$400K$200K$0-$200KRevenue 2012: $228,071Expenses 2012: $210,819Net Income 2012: $17,2522012Revenue 2013: $382,918Expenses 2013: $371,261Net Income 2013: $11,6572013Revenue 2015: $194,788Expenses 2015: $215,058Net Income 2015: -$20,2702015Revenue 2016: $249,668Expenses 2016: $259,773Net Income 2016: -$10,1052016Revenue 2017: $295,439Expenses 2017: $292,494Net Income 2017: $2,9452017Revenue 2018: $384,749Expenses 2018: $368,565Net Income 2018: $16,1842018Revenue 2019: $264,927Expenses 2019: $277,444Net Income 2019: -$12,5172019Revenue 2020: $257,105Expenses 2020: $264,455Net Income 2020: -$7,3502020Revenue 2021: $164,124Expenses 2021: $152,263Net Income 2021: $11,8612021Revenue 2022: $231,650Expenses 2022: $237,216Net Income 2022: -$5,5662022Revenue 2023: $94,004Expenses 2023: $98,393Net Income 2023: -$4,3892023Revenue 2024: $128,299Expenses 2024: $123,476Net Income 2024: $4,8232024Revenue 2025: $147,802Expenses 2025: $135,661Net Income 2025: $12,1412025

Highlighted filing

2023

Revenue$94,004
Expenses$98,393
Net Income-$4,389
Jump To
Filing Snapshot
Filing Period
May 1, 2022 to Apr 30, 2023
Signed
Jun 27, 2023
Return Version
2022v5.0
Gross Receipts
$94,004
Mission and Program Overview

Mission

Provide soccer training and playing circuits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$60,323$26,980▼ $33,343
Cash and Non-Interest-Bearing Accounts$58,047$24,704▼ $33,343
Land, Buildings, and Equipment, Net$2,276$2,276→ $0
Total Assets$60,323$26,980▼ $33,343
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$60,323$26,980▼ $33,343
Total Liabilities and Net Assets / Fund Balance$60,323$26,980▼ $33,343

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,276$2,961$5,237
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mellisa GaleanaSecond RegistrarPT$2,880$2,880
Giorgio P CerboniCEODirector of CoachingFT$595$595

Board Members and Trustees

NameTitle
Josh NashPresident & Tournament Direct
Wa CerboniSecretary
Sandy StarkTreasurerCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$94,004
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,658
Change in Net Assets
$-4,389
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$94,918
Salaries, Compensation, and Employee Benefits$3,475
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$39,773$2,535-$42,308
Fees for Services Accounting-$38,986-$38,986
Advertising-$7,554-$7,554
Current Officers, Directors, Trustees, and Key Employees-$3,475-$3,475
Other Expenses$2,900--$2,900
Fees for Services Other$2,635--$2,635
Conferences and Meetings$160--$160
Total Functional Expenses$45,843$52,550$0$98,393
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
Yes
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Sandy Stark and Taylor Stark are related.Georgio Cerboni and Wa Cerboni are husband and wife.

Members or stockholder classes and rights Part VI line 6

Organization is made up of teams who are members.

Member election for additional members Part VI line 7A

Line 7a - Members select governing body.

Governing body decisions Part VI line 7B

Line 7b - Decisions by governing body are binding.

Form 990 governing body review Part VI line 11

Line 11b - Will be reviewed by Executive Board before filing.

Conflict of interest policy compliance Part VI line 12C

Governing body monitors transactions checking for conflict of interest

CEO executive director top management comp Part VI line 15A

These persons receive a stipend.

Governing documents etc available to public Part VI line 19

These documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Milan Sc
EIN
76-0785776
Address
3498 Castaic Street, Riverside, CA 92501
Doing Business As
Milan Academy

Signing Officer

Name
Giorgio P Cerboni
Title
CEO & Coaching
Phone
9517432374
Signed
2023-06-27
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
0
Employees
0

Preparer

Firm
A & B Tax Service
Address
13126 Via Tuscany, Riverside, CA 92503
Preparer
Keith L Elliott EA
Phone
9512581823
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Adjustment in tax return to acknowledge sub-account begining balances.

List of other fees for services expenses Part IX line 11G

Line IX 11g. Non Officer Non Employee Compensation that 1099s were issued.

List of other expenses Part IX line 24E

Other expenses itemized in Statement.

Part XI response or note to any line in Part XI

Balancing assets

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.

Path#Value
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IRS990/Desc0Provide soccer related player development services for members such as: Securing fields and officials, provide liability insurance, obtain player ID cards, provide coaching and player education seminars for over 2809 players in the form of camps, clinics, symposiums, and similar educational processes. Pay fees and dues of regional and national organizations to allow the participation of local clubs in those programs. Provide snacks, parties, and banquet for players.
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Mellisa Galeana
IRS990/Form990PartVIISectionAGrp/PersonNm1Giorgio P Cerboni
IRS990/Form990PartVIISectionAGrp/PersonNm2Wa Cerboni
IRS990/Form990PartVIISectionAGrp/PersonNm3Josh Nash
IRS990/Form990PartVIISectionAGrp/PersonNm4Sandy Stark
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt02880
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1595
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Second Registrar
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEODirector of Coaching
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3President & Tournament Direct
IRS990/Form990PartVIISectionAGrp/TitleTxt4TreasurerCFO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt094004
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02961
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02276
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02276
IRS990/LandBldgEquipCostOrOtherBssAmt05237
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt092346
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide soccer training and playing circuits.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt060323
IRS990/NetAssetsOrFundBalancesEOYAmt026980
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Equipment and Supplies
IRS990/OtherExpensesGrp/Desc1T-ShirtsSweatshirtsUnifrms
IRS990/OtherExpensesGrp/ProgramServicesAmt0375
IRS990/OtherExpensesGrp/ProgramServicesAmt12900
IRS990/OtherExpensesGrp/TotalAmt0375
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IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PriorPeriodAdjustmentsAmt0-28954
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IRS990/PYContributionsGrantsAmt0231650
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0234551
IRS990/PYRevenuesLessExpensesAmt0-5566
IRS990/PYSalariesCompEmpBnftPaidAmt02665
IRS990/PYTotalExpensesAmt0237216
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IRS990/ReconcilationRevenueExpnssAmt0-4389
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Sandy Stark and Taylor Stark are related.Georgio Cerboni and Wa Cerboni are husband and wife.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organization is made up of teams who are members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Line 7a - Members select governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Line 7b - Decisions by governing body are binding.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Line 11b - Will be reviewed by Executive Board before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing body monitors transactions checking for conflict of interest
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6These persons receive a stipend.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7These documents are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Adjustment in tax return to acknowledge sub-account begining balances.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Line IX 11g. Non Officer Non Employee Compensation that 1099s were issued.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Other expenses itemized in Statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Balancing assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Part XI response or note to any line in Part XI
IRS990/SchoolOperatingInd0false
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IRS990/SubjectToProxyTaxInd0false
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IRS990/UponRequestInd0X
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Giorgio P Cerboni
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO & Coaching
ReturnHeader/BusinessOfficerGrp/PhoneNum09517432374
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MILAN SC
ReturnHeader/Filer/BusinessNameControlTxt0MILA
ReturnHeader/Filer/EIN0760785776
ReturnHeader/Filer/USAddress/AddressLine1Txt03498 Castaic Street
ReturnHeader/Filer/USAddress/CityNm0Riverside
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092501
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263842950
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0A & B TAX SERVICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt013126 Via Tuscany
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Riverside
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092503
ReturnHeader/PreparerPersonGrp/PhoneNum09512581823
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Keith L Elliott EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-06-28T19:26:21-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Giorgio
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Cerboni
ReturnHeader/TaxPeriodBeginDt02022-05-01
ReturnHeader/TaxPeriodEndDt02023-04-30
ReturnHeader/TaxYr02022

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Filings

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