Civic Intelligence

Fl Soccer Src Inc.

990 • Fiscal year 2020 • EIN 81-0917369

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 07, 2021

10012 Gulf Center Drive STE 5-262Fort Myers, FL 33913

(305) 796-7111

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.02x

Higher debt load relative to assets than 43% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

45th percentile

0.04x

Higher debt load relative to revenue than 45% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

55th percentile

9.2%

Higher net margin than 55% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

44th percentile

3.5%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

47th percentile

-3.1%

Faster revenue growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$799,479

Up $27,080 (+3.5%) from 2019

Net Assets

Up

$782,153

Up $30,775 (+4.1%) from 2019

Liabilities

Down

$17,326

Down $3,695 (-18%) from 2019

Revenue

Down

$466,593

Down $14,734 (-3.1%) from 2019

Expenses

Up

$423,851

Up $49,952 (+13%) from 2019

Net Income

Down

$42,742

Down $64,686 (-60%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2016: $669,826Liabilities 2016: $130,608Net Assets 2016: $539,2182016Assets 2017: $628,675Liabilities 2017: $7,872Net Assets 2017: $620,8032017Assets 2018: $650,065Liabilities 2018: $8,957Net Assets 2018: $641,1082018Assets 2019: $772,399Liabilities 2019: $21,021Net Assets 2019: $751,3782019Assets 2020: $799,479Liabilities 2020: $17,326Net Assets 2020: $782,1532020Assets 2022: $914,015Liabilities 2022: $33,689Net Assets 2022: $880,3262022Assets 2023: $826,097Liabilities 2023: $65,942Net Assets 2023: $760,1552023Assets 2024: $862,468Liabilities 2024: $91,494Net Assets 2024: $770,9742024

Highlighted filing

2020

Assets$799,479
Liabilities$17,326
Net Assets$782,153

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $887,564Expenses 2016: $348,346Net Income 2016: $539,2182016Revenue 2017: $484,333Expenses 2017: $402,748Net Income 2017: $81,5852017Revenue 2018: $535,418Expenses 2018: $492,242Net Income 2018: $43,1762018Revenue 2019: $481,327Expenses 2019: $373,899Net Income 2019: $107,4282019Revenue 2020: $466,593Expenses 2020: $423,851Net Income 2020: $42,7422020Revenue 2022: $776,967Expenses 2022: $656,113Net Income 2022: $120,8542022Revenue 2023: $862,451Expenses 2023: $980,624Net Income 2023: -$118,1732023Revenue 2024: $843,355Expenses 2024: $856,482Net Income 2024: -$13,1272024

Highlighted filing

2020

Revenue$466,593
Expenses$423,851
Net Income$42,742
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 7, 2021
Return Version
2020v4.1
Gross Receipts
$466,593
Mission and Program Overview

Mission

To promote, develop, mentor, train and support referees for the game of soccer at all skill levels in florida under the guidelines of the united states soccer federation.

To promote soccer programs and instruction through the state of Flordia under the guidelines of the United Soccer Federation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$738,544$782,153▲ $43,609
Cash and Non-Interest-Bearing Accounts$560,075$572,931▲ $12,856
Investments in Publicly Traded Securities$193,427$226,548▲ $33,121
Total Assets$753,502$799,479▲ $45,977
Liabilities
Other Liabilities$11,472$10,472▼ $1,000
Accounts Payable and Accrued Expenses$3,486$6,854▲ $3,368
Total Liabilities$14,958$17,326▲ $2,368
Net Assets / Fund Balance
Total Net Assets Fund Balance$738,544$782,153▲ $43,609
Total Liabilities and Net Assets / Fund Balance$753,502$799,479▲ $45,977
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard MoellerPresident
Marino TorrensVice President
Adam ZavelghorbaDirector
John StacyDirector
Timothy FoutsDirector
Nick CalabroFSSA Representative
Kenneth MillerSecretary
Abrom Douglas JrSra
Nicholas CaladeroTreasure
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$434,472
Investment Income
$32,121
Other Revenue
$0
Change in Net Assets
$42,742
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$423,851
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-$217,477-$217,477
Other Expenses$131,307--$131,307
Fees for Services Accounting-$22,825-$22,825
Office Expenses-$2,922-$2,922
Total Functional Expenses$180,627$243,224$0$423,851
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liability$10,472
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

No review was conducted or will be conducted.

Governing documents etc available to public Part VI line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
FL Soccer SRC Inc
EIN
81-0917369
Address
10012 Gulf Center Drive STE 5-262, Fort Myers, FL 33913

Signing Officer

Name
Richard Moeller
Title
CEO
Signed
2021-03-07
Discuss with paid preparer
No

Organization Details

Formed
2016
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
D Brooks and Associates
Address
4440 PGA Blvd Suire 104, Palm Beach Gardens, FL 33410
Preparer
David Brooks
Phone
5614296225
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Column BOther Expenses - Program ExpensesInstructor Fees - $49,320Tournaments - $131,307Column COther Expenses - Management and General ExpensesDues and Subscriptions - $116,316Marketing - $96,090Bank and Credit Card Fees - $357Storage - $1,875Insurance - $1,530Travel - $1,309Total Other Expense - $217,477

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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014958
IRS990/TotalLiabilitiesEOYAmt017326
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IRS990/TotalLiabilitiesGrp/EOYAmt017326
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0738544
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0782153
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0180627
IRS990/TotalProgramServiceRevenueAmt0434472
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0466593
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0466593
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0753502
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0799479
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0fsr-inc.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Richard Moeller
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FL Soccer SRC Inc
ReturnHeader/Filer/BusinessNameControlTxt0FLSO
ReturnHeader/Filer/EIN0810917369
ReturnHeader/Filer/USAddress/AddressLine1Txt010012 Gulf Center Drive STE 5-262
ReturnHeader/Filer/USAddress/CityNm0Fort Myers
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033913
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0D Brooks and Associates
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04440 PGA Blvd Suire 104
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Palm Beach Gardens
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033410
ReturnHeader/PreparerPersonGrp/PhoneNum05614296225
ReturnHeader/PreparerPersonGrp/PreparationDt02021-12-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David Brooks
ReturnHeader/ReturnTs02021-12-13T10:57:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Richard
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Moeller
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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