Overview
What is Las Vegas Sports Initiative Players Soccer Club?
The Las Vegas Sports Initiative Players Soccer Club is a nonprofit organization, situated at 6584 Palmyra Avenue, Las Vegas, Nevada 89146. Their primary focus is on providing opportunities for youth soccer instruction and play. This is achieved through various annual soccer tournaments and soccer clinics. By partaking in these events, children can enhance their soccer skills while enjoying the game. The organization's mission is to foster a love for soccer among young people, helping them develop both on and off the field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (50%)
The Las Vegas Sports Initiative Players Soccer Club holds a one-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a score of 50% in the Accountability & Finance category, the organization shows a lack of independent board members and missing essential governance policies, which raises red flags about its operational transparency.
User feedback highlights serious issues with financial management, with one reviewer accusing the club of operating as a profit organization while misusing a nonprofit status. Concerns were raised about the allocation of funds, stating that the club charges high fees while underfunding crucial expenses like referee payments and basic necessities such as water and food during events. These allegations point to a disconnect between the organization's financial practices and its stated mission.
Overall, while the organization achieves a perfect program expense ratio of 100%, reflecting that all funds are purportedly directed towards programming, the concerns about financial transparency and the allocation of resources are alarming. This situation calls into question the integrity of the organization and its commitment to serving the community effectively.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Las Vegas Sports Initiative Players Soccer Club legitimate?
Las Vegas Sports Initiative Players Soccer Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Las Vegas Sports Initiative Players Soccer Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $78,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $307,609
For more financial information, click here
What is the mission statement of Las Vegas Sports Initiative Players Soccer Club?
The Las Vegas Sports Initiative Players Soccer Club's mission is centered around teaching soccer to youths. They accomplish this through annual soccer tournaments and soccer clinics. By organizing these events, the club provides a platform for both instruction and practical play, aiming to foster a love for the sport among the young participants. The organization also makes arrangements for suitable venues and schedules to facilitate the instruction and gameplay.
What is the revenue of Las Vegas Sports Initiative Players Soccer Club?
Las Vegas Sports Initiative Players Soccer Club's revenue in 2023 was $2,040,453.
Who are the executives of Las Vegas Sports Initiative Players Soccer Club and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $60,300
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $18,000
- Related: $0
- Other: $0
Where can I find the form 990 for Las Vegas Sports Initiative Players Soccer Club?
Las Vegas Sports Initiative Players Soccer Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Las Vegas Sports Initiative Players Soccer Club
The Las Vegas Sports Initiative Players Soccer Club is an organization dedicated to providing soccer instruction to youths. Its mission is twofold: firstly, it organizes annual soccer tournaments to engage young individuals in the sport. Secondly, it offers soccer clinics, providing a structured setting for honing their skills and understanding of the game. Through these tournaments and clinics, the club aims to foster a love for soccer among the youth, offering them opportunities for both competitive play and skill development.
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Impact
October, 2024
Las Vegas Sports Initiative Players Soccer Club significantly contributes to the local community by providing valuable soccer instruction and opportunities for youth participation in the sport. Through organized annual soccer tournaments and clinics, the club fosters skill development, teamwork, and sportsmanship among young athletes.
In Las Vegas, this organization creates accessible platforms for youth to engage in soccer, ensuring they have places and times for both instruction and play. By focusing on youth development, the club not only improves individual athletic abilities but also promotes a healthy, active lifestyle among participants. The sense of community built through team participation helps to instill values such as discipline, resilience, and cooperation.
Overall, the Las Vegas Sports Initiative Players Soccer Club plays a vital role in nurturing the next generation of soccer players, encouraging personal growth and community engagement through the sport.
This information is meant to be a general summary of Las Vegas Sports Initiative Players Soccer Club. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $884
- Program Service Revenue: $2,039,569
- Gross Receipts: $2,040,453
Assets and Liabilities:
- Total Assets: $915,452
- Total Liabilities: $153,950
- Net Assets: $761,502
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PLAYER REG & TOUR
Revenue
$2,039,569
Organization Details
Founding Year
2005
Principal Officer
Saeed Bonabian
NTEE Category
Code: N64 - Recreation
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