Civic Intelligence

Nedo Sports Inc.

EIN 99-2821450 • 501(c)3 • Lexington, KY

Pub. 78 Eligible

Profile

Nedo is a multicultural soccer club that provides players as many opportunities for social growth, soccer development and personal success as possible, regardless of social and economic status

3109 Hemmingway DrLexington, KY 40513

nedosportsacademy.demosphere-secure.com

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

82nd percentile

$1,500

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

93rd percentile

115%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

97th percentile

320%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$138,225

Up $73,990 (+115%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$138,225

Up $73,990 (+115%) from 2024

Revenue

Up

$300,573

Up $228,923 (+320%) from 2024

Expenses

Up

$226,583

Up $219,168 (+2956%) from 2024

Net Income

Up

$73,990

Up $9,755 (+15%) from 2024

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2024: $64,235Liabilities 2024: $0Net Assets 2024: $64,2352024Assets 2025: $138,225Liabilities 2025: $0Net Assets 2025: $138,2252025

Highlighted filing

2025

Assets$138,225
Liabilities$0
Net Assets$138,225

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2024: $71,650Expenses 2024: $7,415Net Income 2024: $64,2352024Revenue 2025: $300,573Expenses 2025: $226,583Net Income 2025: $73,9902025

Highlighted filing

2025

Revenue$300,573
Expenses$226,583
Net Income$73,990

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 5, 2026
Return Version
2025v4.0
Gross Receipts
$300,573
Mission and Program Overview

Mission

Nedo is a multicultural soccer club that provides players as many opportunities for social growth, soccer development and personal success as possible, regardless of social and economic status

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$64,235$138,225▲ $73,990
Total Assets$64,235$138,225▲ $73,990
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$64,235$138,225▲ $73,990
Total Net Assets Fund Balance$64,235$138,225▲ $73,990
Total Liabilities and Net Assets / Fund Balance$64,235$138,225▲ $73,990
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Luca LeonardiPresidentPT$1,500$1,500
Revenue and Support

Revenue Composition

Contributions and Grants
$1,149
Program Service Revenue
$297,082
Investment Income
$2,342
Other Revenue
$0
All Other Contributions
$1,149
Change in Net Assets
$73,990
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$226,583
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
Occupancy$40,439--$40,439
Insurance$3,960--$3,960
All Other Expenses$3,679--$3,679
Fees for Services Other$2,732--$2,732
Advertising$2,714--$2,714
Other Expenses$2,350--$2,350
Information Technology$1,594--$1,594
Fees for Services Accounting$1,552--$1,552
Fees for Services Legal$90--$90
Total Functional Expenses$226,583$0$0$226,583
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
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, Part VI, Section B, Line 11B

Form 990 was reviewed prior to submission by a designated committee consisting of the board treasurer and designated board directors.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Nedo Sports Inc
EIN
99-2821450
Phone
8593170096
Address
3109 HEMMINGWAY DR, LEXINGTON, KY 40513

Signing Officer

Name
Luca Leonardi
Title
President
Phone
8593170096
Signed
2026-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Luca Leonardi
Formed
2024
Legal Domicile
Ky
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Radwan Brown & Company Psc
Address
2421 MEMBERS WAY, LEXINGTON, KY 40504
Preparer
Troy Mulligan
Phone
8592334146
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Nedo is a multicultural soccer club that provides players as many opportunities for social growth, soccer development and personal success as possible, regardless of social and economic status

Raw XML Appendix274 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/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt01594
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WAS REVIEWED PRIOR TO SUBMISSION BY A DESIGNATED COMMITTEE CONSISTING OF THE BOARD TREASURER AND DESIGNATED BOARD DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02421 MEMBERS WAY
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
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ReturnHeader/PreparerPersonGrp/PhoneNum08592334146
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TROY MULLIGAN
ReturnHeader/ReturnTs02026-02-17T13:56:43-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

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