Overview
What is Prior Lake Soccer Club?
The Prior Lake Soccer Club is a nonprofit organization situated in Prior Lake, Minnesota. Established with the purpose of promoting youth soccer, the club provides essential facilities, including coaches, trainers, referees, and uniforms, to facilitate a comprehensive soccer program. Their mission extends beyond just the game, aiming to instill values such as good sportsmanship, fair play, and honesty in the community's youth. The club strives to improve the physical and social well-being of its participants while offering a competitive environment for its traveling teams. With a dedicated team of six employees, the Prior Lake Soccer Club is committed to enriching the lives of the local community through soccer.
Official website here: www.priorlakesoccer.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
Prior Lake Soccer Club has achieved an 88% score, reflecting a strong focus on accountability and finance. The organization boasts a fully independent board, with all eight members meeting the criteria for independence, and has implemented effective financial oversight. The absence of material diversion of assets highlights a solid financial integrity.
The club has demonstrated a commendable commitment to spending, with 82.42% of its expenses directed towards programs. Additionally, the presence of audited financial statements and various governance policies strengthens its credibility. However, it is noted that the club lacks a whistleblower policy and a document retention policy, which are important components of organizational governance.
Overall, Prior Lake Soccer Club's strong financial ratios and accountability measures indicate a well-managed organization, but attention to enhancing its governance policies could further improve its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Prior Lake Soccer Club legitimate?
Prior Lake Soccer Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prior Lake 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $271,962
For more financial information, click here
Official website here: www.priorlakesoccer.org
What is the mission statement of Prior Lake Soccer Club?
The Prior Lake Soccer Club is organized with the primary goal of running a youth soccer program. Their mission is to instill values such as good sportsmanship, fair play, and honesty in the young participants, contributing positively to their physical and social well-being. The club also aims to provide a competitive environment for its traveling teams, offering them an opportunity to grow and develop their soccer skills.
Official website here: www.priorlakesoccer.org
Who is the CEO of Prior Lake Soccer Club?
Jim Cavallaro is the President of Prior Lake Soccer Club.
Official website here: www.priorlakesoccer.org
What is the revenue of Prior Lake Soccer Club?
Prior Lake Soccer Club's revenue in 2022 was $961,550.
Official website here: www.priorlakesoccer.org
Who are the executives of Prior Lake Soccer Club and what are their salaries?
The average compensation at Prior Lake Soccer Club during 2022 was $45,327. There are 6 employees and 636 volunteers at Prior Lake Soccer Club.
Here are 9 key members and their salaries:
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- Compensation: $124,815
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Official website here: www.priorlakesoccer.org
Where can I find the form 990 for Prior Lake Soccer Club?
Prior Lake Soccer Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.priorlakesoccer.org
Learn more at the official website: www.priorlakesoccer.org
Mission Statement of Prior Lake Soccer Club
Prior Lake Soccer Club, with a mission to develop and operate a youth soccer program, aims to instill valuable life lessons in the community's young population. The organization's primary objective is to inculcate the principles of good sportsmanship, fair play, and honesty among the youth, thereby contributing to their overall physical and social well-being. By providing a competitive environment for traveling teams, Prior Lake Soccer Club fosters a sense of teamwork and camaraderie among its members, preparing them for various aspects of life. The club's mission is not just limited to sports, but also extends to nurturing the young minds, empowering them with essential values that will serve them well in their future endeavors.
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Impact
July, 2024
Prior Lake Soccer Club positively impacts the youth of the community by providing facilities, coaches, trainers, referees, and uniforms for a youth soccer program. Through this program, the club aims to instill ideals of good sportsmanship, fair play, and honesty in the youth while enhancing their physical and social well-being. Additionally, the club creates a competitive environment for traveling teams, fostering a sense of teamwork and discipline among the participants.
This information is meant to be a general summary of Prior Lake 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 2022.
- Investment Income: $156
- Program Service Revenue: $954,320
- Gross Receipts: $961,550
Assets and Liabilities:
- Total Assets: $1,253,377
- Total Liabilities: $0
- Net Assets: $1,253,377
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$954,320
Organization Details
Founding Year
2002
Phone
(952) 237-3428Principal Officer
Jim Cavallaro
Main Address
PO BOX 161, PRIOR LAKE, MN, 55372
Website
www.priorlakesoccer.orgNTEE Category
Code: N64 - Recreation
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