Civic Intelligence

Purple Rain Soccer Club

EIN 92-1817806 • 501(c)7 • Memphis, TN

Profile

Youth soccer development.

2346 Brook Hollow CoveMemphis, TN 38119
Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.00x

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

501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

31st percentile

-4.6%

Higher net margin than 31% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

99th percentile

$19,750

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

32nd percentile

-7.4%

Faster asset growth than 32% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-35%

Faster revenue growth than 12% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$97,423

Down $7,834 (-7.4%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$97,423

Down $7,834 (-7.4%) from 2023

Operations
Liabilities / Revenue59th percentileNet Margin31st percentile

Revenue

Down

$170,720

Down $93,654 (-35%) from 2023

Expenses

Up

$178,554

Up $19,437 (+12%) from 2023

Net Income

Down

-$7,834

Down $113,091 (-107%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth32nd percentile

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

$150K$100K$50K$0Assets 2023: $105,257Liabilities 2023: $0Net Assets 2023: $105,2572023Assets 2024: $97,423Liabilities 2024: $0Net Assets 2024: $97,4232024

Highlighted filing

2024

Assets$97,423
Liabilities$0
Net Assets$97,423
Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

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

$300K$200K$100K$0-$100KRevenue 2023: $264,374Expenses 2023: $159,117Net Income 2023: $105,2572023Revenue 2024: $170,720Expenses 2024: $178,554Net Income 2024: -$7,8342024

Highlighted filing

2024

Revenue$170,720
Expenses$178,554
Net Income-$7,834
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$97,423
Liabilities
$0
Net assets
$97,423
Revenue
$170,720
Expenses
$178,554
Net income
-$7,834
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$1.71$1.79$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$2.64$1.59$1.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 16, 2025
Return Version
2024v5.1
Gross Receipts
$170,720
Mission and Program Overview

Mission

Youth soccer development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$97,423-
Rtn Earn Endowment Incm Other Fnds-$97,423-
Total Assets$0$97,423▲ $97,423
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$97,423▲ $97,423
Total Liabilities and Net Assets / Fund Balance$0$97,423▲ $97,423
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jay LaneyVice President and CoachPT$19,750$19,750
David TwelvetreesSecretary-$5,500$5,500

Board Members and Trustees

NameTitle
Rene BustamantePresident
Matthew DanielDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$170,720
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-7,834
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$129,177
Other Expenses$49,377
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$129,177--$129,177
Other Expenses$7,906--$7,906
All Other Expenses$1,660--$1,660
Fees for Services Accounting$1,300--$1,300
Office Expenses$250--$250
Total Functional Expenses$178,554$0$0$178,554
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
Subject to proxy tax
No
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

“Reviewed by governing body prior to filing.”

Governing documents etc available to public Part VI line 19

“Organization documents and 990 return made available to public upon their request.”

Filing and Contact Details

Filer

Filer Name
Purple Rain Soccer Club
EIN
92-1817806
In Care Of
% DAVID TWELVETREES
Phone
9013516071
Address
2346 BROOK HOLLOW COVE, MEMPHIS, TN 38119

Signing Officer

Name
David Twelvetrees
Title
Secretary
Phone
9013516071
Signed
2025-06-16
Discuss with paid preparer
No

Organization Details

Formed
2023
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
10

Preparer

Firm
Kennedy and Kennedy Pllc
Address
2030 EXETER ROAD, Germantown, TN 38138
Preparer
David Kennedy
Phone
9017534500
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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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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