Overview
What is Lake Country Soccer Inc?
Lake Country Soccer Inc is a vibrant, soccer-focused nonprofit organization situated in Springfield, Missouri. Spanning over 55 acres, the facility boasts 20 outdoor fields, seven of which are illuminated, and an indoor complex with two fields. Serving approximately 2,800 registered youth players annually and attracting nearly 120,000 visitors, the organization is dedicated to fostering soccer enthusiasm across the Southwest Missouri region. Lake Country Soccer Inc offers a diverse range of programs, activities, events, leagues, and tournaments catering to individuals from age 3 up to adults. The organization hosts both indoor and outdoor leagues for both youths and adults, as well as tournaments on a regular basis. Their mission is to cultivate and promote soccer within Springfield and Southwest Missouri, ensuring the sport's growth and development in the community.
Official website here: www.lakecountrysoccer.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 70% (Two-Star out of Four Star rating)
Lake Country Soccer Inc has received a Two-Star rating from Charity Navigator, indicating that while the nonprofit demonstrates strong accountability and finance practices, there are notable areas that require improvement. The organization achieved a perfect score in accountability metrics, including having a majority of independent board members and a material diversion of assets score. However, it failed to meet expectations in several critical financial transparency metrics, particularly in its financial statements and the posting of important documents on its website.
Despite the organization's high program expense ratio of 72.53%, suggesting that a significant portion of its funds goes directly to its programs, the absence of financial statements and inadequate documentation practices reflect a lack of transparency. This could limit stakeholders' confidence in the organization's financial health and oversight. Furthermore, the absence of a whistleblower policy and poor performance in document retention indicate potential vulnerabilities in governance that need addressing.
Overall, while Lake Country Soccer Inc shows promise through its effective programs and strong governance practices, serious deficiencies in financial reporting and transparency could hinder its overall effectiveness and public trust. Addressing these weaknesses will be crucial for improving its future ratings and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Country Soccer Inc legitimate?
Lake Country Soccer Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Country Soccer Inc 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: $93,485
Professional Fundraising Fees: $0
Other Salaries and Wages: $420,449
For more financial information, click here
Official website here: www.lakecountrysoccer.org
What is the mission statement of Lake Country Soccer Inc?
Lake Country Soccer Inc's mission is centered around promoting soccer in a specific region. They achieve this through various instructional, recreational, competitive leagues, and tournaments. The organization's primary goal is to develop and support the sport of soccer, aiming to cater to individuals from ages 3 to adults. Lake Country Soccer Inc operates a substantial facility with numerous outdoor and indoor fields, attracting thousands of registered youth players and visitors annually. The organization hosts a variety of leagues, activities, events, and tournaments, providing opportunities for both youth and adults in the soccer community.
Official website here: www.lakecountrysoccer.org
Who is the CEO of Lake Country Soccer Inc?
John Markey is the Executive Director of Lake Country Soccer Inc.
Official website here: www.lakecountrysoccer.org
What is the revenue of Lake Country Soccer Inc?
Lake Country Soccer Inc's revenue in 2023 was $1,216,223.
Official website here: www.lakecountrysoccer.org
Who are the executives of Lake Country Soccer Inc and what are their salaries?
The average compensation at Lake Country Soccer Inc during 2023 was $7,671. There are 67 employees and 45 volunteers at Lake Country Soccer Inc.
Here are 12 key members and their salaries:
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Official website here: www.lakecountrysoccer.org
Where can I find the form 990 for Lake Country Soccer Inc?
Lake Country Soccer Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lakecountrysoccer.org
Learn more at the official website: www.lakecountrysoccer.org
Mission Statement of Lake Country Soccer Inc
Lake Country Soccer Inc, a dynamic and soccer-focused organization, is dedicated to promoting the sport in southwest Missouri. Their mission is to develop and support soccer in Springfield and the surrounding area. Through instructional, recreational, competitive leagues, and tournaments, Lake Country Soccer Inc strives to cater to the soccer needs of individuals from age 3 to adulthood.
The organization has grown significantly, now boasting a 55-acre facility equipped with 20 outdoor fields, seven of which are lit, and an indoor facility with two fields. Serving close to 2,800 registered youth players annually, Lake Country Soccer Inc also attracts nearly 120,000 visits from players, coaches, and fans. The organization's diverse offerings include leagues, activities, events, and tournaments for all ages, demonstrating its commitment to fostering a love for soccer in the community.
By hosting both indoor and outdoor leagues for youths and adults, as well as tournaments, Lake Country Soccer Inc ensures there are ample opportunities for individuals to participate in and enjoy the sport. The leagues run throughout the spring, summer, and fall, while tournaments are held periodically, providing a mix of regular play and exciting competition.
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Impact
July, 2024
Lake Country Soccer Inc's impact can be seen in its significant contribution to the promotion and development of soccer in Southwest Missouri. Through its wide range of instructional, recreational, and competitive leagues and tournaments, Lake Country Soccer has created a dynamic and inclusive environment for over 2,800 youth players. This organization, with its expansive 55+ acre facility hosting 20 outdoor fields and an indoor facility with 2 fields, accommodates nearly 120,000 annual visits from players, coaches, and fans. By offering programs for all ages, from 3-year-olds to adults, Lake Country Soccer is fostering a love for the sport and providing opportunities for individuals to improve their skills and enjoy the game. The presence of both indoor and outdoor leagues, as well as periodic tournaments, ensures that there are ongoing opportunities for soccer enthusiasts to participate and engage with the sport throughout the year. Overall, Lake Country Soccer Inc's commitment to soccer development in the region is evident in its extensive offerings and the positive impact it has on the local community.
This information is meant to be a general summary of Lake Country Soccer Inc. 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: $107
- Program Service Revenue: $1,200,709
- Gross Receipts: $1,258,887
Assets and Liabilities:
- Total Assets: $469,751
- Total Liabilities: $455,852
- Net Assets: $13,899
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEAGUE INCOME
Revenue
$1,047,237
TOURNAMENT FEES
Revenue
$95,253
FIELD & FACILITY RENTAL
Revenue
$29,149
CAMPS
Revenue
$20,570
QUALIFIED SPONSORSHIP PAYMENTS
Revenue
$8,500
Organization Details
Founding Year
1983
Phone
(417) 862-3211Principal Officer
John Markey
Main Address
2334 E PYTHIAN, SPRINGFIELD, MO, 65802
Website
www.lakecountrysoccer.orgNTEE Category
Code: N64Z - Recreation
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