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South Lakes Soccer Club Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 800060876 ✦ Oklahoma city, OK ✦ Designated as a 501(c)(3)

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Overview

What is South Lakes Soccer Club Inc?

South Lakes Soccer Club Inc is a nonprofit organization, headquartered in Oklahoma City, Oklahoma. The primary focus of this club is to provide soccer programming for youth, with a total participation of 1416 in the fall of 2021 and 1479 in the spring of 2022. The club also hosts various soccer leagues, including the YMCA Soccer League and the Chickasaw Youth Leagues Traveling Teams. Additionally, they organize summer leagues with 50 teams from Oklahoma and host competitive tournaments, attracting teams from neighboring states such as Texas, Kansas, and Arkansas. The club offers player development programs during the summer, fall, and spring, attended by 340 participants. Despite the challenges brought by COVID-19, the participation level has remained stable. The club operates in the Moore and South Oklahoma City areas, providing a comprehensive soccer experience for youth ages 4-18. With a team of 5 employees, South Lakes Soccer Club Inc is committed to promoting the love of soccer and fostering the development of young talents in the region.


Official website here: www.southlakessoccer.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)

South Lakes Soccer Club Inc has received a two-star rating from Charity Navigator, indicating that it needs improvement in various areas. While the organization scores well in aspects such as having a majority of independent board members and a strong liabilities to assets ratio, concerns arise from critical shortcomings in its financial practices and transparency. The organization has not adequately posted financial statements online, which is essential for donor confidence.

The Club has demonstrated accountability through policies regarding the diversion of assets and the maintenance of board meeting minutes. However, it has significant gaps in its governance practices, including the absence of a conflict of interest policy and whistleblower policy. These deficiencies highlight a need for improved operational practices and transparency to foster trust among stakeholders.

Furthermore, the financial management of the organization appears to be lacking, as indicated by a low score in the financial statements component. Addressing these issues will be crucial for South Lakes Soccer Club Inc to enhance its overall performance and accountability, ultimately benefiting the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is South Lakes Soccer Club Inc legitimate?

South Lakes Soccer Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Lakes Soccer Club 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,573

For more financial information, click here


Official website here: www.southlakessoccer.com

What is the mission statement of South Lakes Soccer Club Inc?

The South Lakes Soccer Club Inc organizes and operates a soccer program primarily for youth aged 4-18. Their activities encompass competitive and recreational leagues, tournaments, and various player development programs and activities. The club provides soccer programming for a substantial number of participants during both the fall and spring seasons. In addition to league and tournament activities, the club offers player development programs during the summer, fall, and spring, attracting a significant number of participants. The club's participation levels have remained relatively stable post-COVID-19 challenges.


Official website here: www.southlakessoccer.com

Who is the CEO of South Lakes Soccer Club Inc?

Matthew N Echols is the President of South Lakes Soccer Club Inc.


Official website here: www.southlakessoccer.com

What is the revenue of South Lakes Soccer Club Inc?

South Lakes Soccer Club Inc's revenue in 2022 was $563,968.


Official website here: www.southlakessoccer.com

Who are the executives of South Lakes Soccer Club Inc and what are their salaries?

The average compensation at South Lakes Soccer Club Inc during 2022 was $14,715. There are 5 employees and 250 volunteers at South Lakes Soccer Club Inc.


Here are 4 key members and their salaries:


Matthew Echols (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Munson (Executive Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Porter (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Mcintyre (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.southlakessoccer.com

Where can I find the form 990 for South Lakes Soccer Club Inc?

South Lakes Soccer Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.southlakessoccer.com

Learn more at the official website: www.southlakessoccer.com

Mission Statement of South Lakes Soccer Club Inc

South Lakes Soccer Club Inc, a renowned organization, is primarily dedicated to organizing and managing a soccer program for youth aged 4 to 18. Their principal focus is on communities in Moore and South Oklahoma City. The club's activities encompass both competitive and recreational leagues, tournaments, and various player development programs and activities.

The mission of South Lakes Soccer Club Inc is multifaceted. During the fall and spring seasons, the club offers soccer programming to a substantial number of participants. For instance, in the fall of 2021 and spring of 2022, they catered to 1416 and 1479 participants respectively. Alongside these league activities, South Lakes Soccer Club Inc also hosts events such as the YMCA Soccer League and the Chickasaw Youth Leagues traveling teams. Additionally, they organize a summer league with 50 teams from Oklahoma, providing ample opportunities for young soccer enthusiasts.

Furthermore, South Lakes Soccer Club Inc hosts competitive tournaments. In the fall of 2021, they invited 119 teams from Oklahoma, Texas, Kansas, and Arkansas to participate. Similarly, in the spring of 2022, they organized a competitive/recreational tournament that attracted 196 teams from these same states. Apart from league and tournament activities, the club also offers player development programs during the summer, fall, and spring, which attracted 340 participants in total.

In conclusion, South Lakes Soccer Club Inc is a vibrant and inclusive organization that provides a wide range of soccer-related activities for youth in the Moore and South Oklahoma City communities. Their mission is to foster a love for the sport, develop skills, and offer competitive opportunities, all while ensuring a stable participation level, even after the challenges posed by the COVID-19 pandemic.

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Impact




July, 2024

South Lakes Soccer Club Inc's impact is significant as it provides a structured and engaging soccer program for youth aged 4-18 in the Moore and South Oklahoma City areas. The club offers a variety of activities including competitive and recreational leagues, tournaments, and player development programs. In the fall of 2021 and spring of 2022, the club served 1416 and 1479 participants respectively. Additionally, the club hosts the YMCA Soccer League, Chickasaw Youth Leagues traveling teams, and a summer league with 50 teams from Oklahoma. Last fall, the club organized a competitive tournament with 119 teams from Oklahoma, Texas, Kansas, and Arkansas, and in the spring of 2022, a tournament with 196 teams from the same states. Beyond leagues and tournaments, the club's player development programs have been attended by 340 participants. Despite challenges posed by COVID-19, the club has maintained a stable level of participation, highlighting its commitment to youth development through soccer.




This information is meant to be a general summary of South Lakes Soccer Club 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.

Revenue
$563,968 (2022)
Expenses
$496,410 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $480,494
  • Gross Receipts: $563,968

Assets and Liabilities:

  • Total Assets: $377,048
  • Total Liabilities: $0
  • Net Assets: $377,048

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SOCCER RELATED PROGRAM

Revenue

$480,494

Organization Details

Founding Year

1978

Principal Officer

Matthew N Echols

Main Address

PO BOX 890112, OKLAHOMA CITY, OK, 731890122

NTEE Category

Code: O51 - Youth development

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