Cedar River Soccer Association Inc in Cedar Rapids, Iowa (IA)

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Cedar River Soccer Association Inc
Employer Identification Number (EIN)421476279
Name of OrganizationCedar River Soccer Association Inc
In Care of NameJeff Textor
AddressPO BOX 8536, Cedar Rapids, IA 52408-8536
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Other sports club
SubsectionCharitable Organization
Ruling Date12/1998
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period07/2014
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$582,460
Amount of Income$483,839
Form 990 Revenue Amount$482,122
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Soccer Clubs, Leagues


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Amount of income in 2014: $483,839 (it was $442,309 in 2013)
Cedar River Soccer Association Inc: 

 $483,839
Other organizations performing similar types of work: 

 $114,357

Assets in 2014: $582,460 (it was $469,930 in 2013)
Cedar River Soccer Association Inc: 

 $582,460
Other organizations performing similar types of work: 

 $42,930

Expenses in 2014: $421,719
Cedar River Soccer Association Inc: 

 $421,719
Other organizations performing similar types of work: 

 $108,075

Income to expenses ratio in 2014: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2014: 3.5%
This organization: 

 3.5%
Other organizations performing similar types of work: 

 1.3%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Support schedule

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNoYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesNoYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNoNo
Did the organization report an amount for land, buildings, and equipment?YesYesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for other liabilities?NoNoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNoNo
Did the organization obtain separate, independent audited financial statements for the tax year?NoNoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNoNo
Did the organization operate one or more hospital facilities?NoNoNo
Did the organization attach a copy of its audited financial statements?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNoNo
A family member of a current or former officer, director, trustee, or key employee?NoNoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNoNo
Was the organization related to any tax-exempt or taxable entity?NoNoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNoNo
Statements Regarding Other IRS Filings and Tax Compliance
2011201220132014
The number reported in Box 3 of Form 109681311
The number of Forms W-2G000
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoNoNo
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return433
Did the organization file all required federal employment tax returns?YesYesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesNoNoNo
Has it filed a Form 990-T for this year?NoNoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNoNo
Did the organization file Form 8886-T?NoNoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNoNo
Did the organization notify the donor of the value of the goods or services provided?NoNoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNoNo
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities $0$0$0$0
Gross income from members or shareholders$0$0$0$0
Gross income from other sources$0$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNoNo
The amount of tax-exempt interest received or accrued during the year$0$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0$0
The amount of reserves on hand$0$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNoNo
Has it filed a Form 720 to report these payments?NoNoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$69,240$69,895$70,147
Total reportable compensation from related organizations$0$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization000
Total number of independent contractors who received more than $100,000 of compensation from the organization000
Statement of Revenue
2011201220132014
Total revenue$404,852$416,966$414,127$482,122
Contributions, Gifts, Grants and Other Similar Amounts$18,445$40,000$3,000$16,890
Program Service Revenue$359,614$335,174$394,997$429,423
0$208,925$254,110$291,655
0$96,980$108,671$101,767
0$18,702$17,121$24,176
0$10,567$14,555$11,825
All other program service revenue$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,405$1,040$957$908
Income from investment of tax-exempt bond proceeds$0$0$0$0
Royalties$0$0$0$0
Net rental income$0$0$0$0
Net gain/loss from sales of assets other than inventory$0$0$0$0
Net income/loss from fundraising events$18,613$22,251$21,900$33,017
Gross income from fundraising events$21,051$22,251$21,900$34,019
Less: direct expenses$2,438$0$0$1,002
Net income/loss from gaming activities$0$0$0$0
Net income/loss from sales of inventory$-1,135$16,584$-6,745$677
Gross sales of inventory, less returns and allowances$45,053$39,028$21,437$1,392
Less: cost of goods sold$46,188$22,444$28,182$715
Miscellaneous Revenue$7,910$1,917$18$1,207
0$1,917$18$1,207
All other revenue$0$0$0
Statement of Functional Expenses
2011201220132014
Total functional expenses$374,567$357,868$361,972$421,719
Grants and other assistance to domestic organizations and domestic governments$0$0$0
Grants and other assistance to domestic individuals$0$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0$0
Benefits paid to or for members$0$0$0
Compensation of current officers, directors, trustees, and key employees$53,657$72,911$69,218$73,428
Compensation not included above, to disqualified persons$0$0$0
Other salaries and wages$44,750$12,800$29,790$42,019
Pension plan accruals and contributions$0$0$0
Other employee benefits$4,978$5,735$6,644
Payroll taxes$8,331$6,557$8,569$9,979
Fees for services (non-employees)
Management$0$0$0
Legal$0$0$0
Accounting$2,730$2,885$3,150
Lobbying$0$0$0
Professional fundraising services$0$0$0$0
Investment management fees$0$0$0
Other$3,311$3,733$997
Advertising and promotion$3,628$4,490$7,709
Office expenses$725$740$1,021
Information technology$0$0$0
Royalties$0$0$0
Occupancy$43,665$47,577$70,868
Travel$0$0$2,600
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0$0
Conferences, conventions, and meetings$140$0$100
Interest$0$0$0
Payments to affiliates$4,407$5,229$4,871
Depreciation, depletion, and amortization$16,816$15,589$16,852
Insurance$706$774$725
Other expenses$91,695$96,331$107,093
Other expenses$85,703$60,999$59,803
Other expenses$3,629$5,186$7,137
Other expenses$1,469$2,261$2,510
Other expenses$1,998$2,866$4,213
Balance Sheet
2011201220132014
Total assets$307,131$410,492$469,930$582,460
Cash - non-interest-bearing$8,176$13,744$23,974
Savings and temporary cash investments$271,673$328,125$438,025
Pledges and grants receivable, net$0$0$0
Accounts receivable, net$0$0$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0$0
Notes and loans receivable, net$0$0$0
Inventories for sale or use$0$0$0
Prepaid expenses and deferred charges$0$0$0
Land, buildings, and equipment: cost or other basis$130,643$128,061$120,461
Investments - publicly traded securities$0$0$0
Investments - other securities$0$0$0
Investments - program-related$0$0$0
Intangible assets$0$0$0
Other assets$0$0$0
Total liabilities$90,566$134,829$142,112$194,239
Accounts payable and accrued expenses$5,000$4,751$8,368
Grants payable$0$0$0
Deferred revenue$129,829$137,361$185,871
Tax-exempt bond liabilities$0$0$0$0
Escrow or custodial account liability$0$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0$0
Total net assets or fund balances$216,565$275,663$327,818$388,221
Unrestricted net assets$270,051$322,165$382,550
Temporarily restricted net assets$5,612$5,653$5,671
Permanently restricted net assets$0$0$0
Capital stock or trust principal, or current funds$0$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0$0
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014)
2010 - 2014 Total
Public support$1,342,440
Subtotal$2,285,658
Gifts, grants, contributions, and membership fees received$1,320,715
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$858,977
Gross receipts from activities that are not an unrelated trade or business under section 513$105,966
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$943,218
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$943,218
Total support$2,305,164
Public support$2,285,658
Subtotal$4,701
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$4,701
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$14,805
Other income$0
Unrelated Trade or Business Income (for 2009)
IncomeExpensesNet
Total$30,251$0$3,025
Gross receipts or sales less returns and allowances$3,025$0$0
Cost of goods sold$0$0$0
Gross profit$3,025$0$3,025
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2009)
Total deductions$2,065
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$2,065
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$960
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$960
Specific deduction$1,000
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Vision Soccer Academy Of WaukeePO BOX 854, Waukee, IA 50263-0854IA2013-03$529,471
2Heartlandsc Inc2011 Fox Trail Dr Ne, Cedar Rapids, IA 52402-6722IA2011-01$465,938
3Southridge Soccer Club Inc5135 Se 26th Ct, Des Moines, IA 50320-2695IA1985-12$82,053
4Glenwood Soccer Club214 E Florence, Glenwood, IA 51534IA2013-01$54,459
5Carlisle Soccer Club IncPo Box 254, Carlisle, IA 50047IA2006-02$48,668
6Hickory Golf Association317 6th Ave Ste 1040, Des Moines, IA 50309-4112IA2010-09$30,419
7Denver Soccer ClubPo Box 22, Denver, IA 50622IA2014-09$26,157
8Mid-Iowa Futbol Club525 Broad St, Grinnell, IA 50112-2410IA2010-12$24,835
9Wapello Youth Soccer414 N 2nd St, Wapello, IA 52653-1102IA2012-05$2,552
10Mediapolis Soccer League1004 Huron St, Mediapolis, IA 52637-9716IA2013-02$121
11Boone Area Soccer ClubPO BOX 219, Boone, IA 50036IA2006-03$0
12Boone Soccer Club Inc615 Story Street, Boone, IA 50036IA2015-03$0
13Ciudad De Los Puentes Soccer League416 N Green St, Ottumwa, IA 52501-2611IA2014-09$0
14Clear Creek-Amana Youth Soccer League3098 Half Moon Ave, Tiffin, IA 52340IA2003-01$0
15Colfax-Mingo Soccer Club9783 Hwy F48 W, Colfax, IA 50054IA2012-03$0
16Decorah United Soccer Club1923 Ballroom Rd, Decorah, IA 52101IA2008-06$0
17Eastern Iowa Soccer Association2311 15th St Ct, De Witt, IA 52742IA2009-02$0
18J-Hawk Soccer Club4505 77th Street, Urbandale, IA 50322IA2011-03$0
19Kansas Premier Soccer League Inc21 Lakewood Villa, Council Bluffs, IA 51501IA2013-01$0
20Kapumba Sports Inspriation Inc2004 61st Street, Des Moines, IA 50322IA2014-10$0
Number of organizations performing similar types of work
Alaska17
Alabama40
Arkansas21
Arizona55
California682
Colorado52
Connecticut62
District of Columbia12
Delaware3
Florida182
Georgia61
Hawaii35
Iowa56
Idaho18
Illinois137
Indiana97
Kansas41
Kentucky49
Louisiana23
Massachusetts145
Maryland71
Maine26
Michigan115
Minnesota72
Missouri68
Mississippi16
Montana17
North Carolina86
North Dakota5
Nebraska19
New Hampshire28
New Jersey189
New Mexico23
Nevada46
New York264
Ohio189
Oklahoma21
Oregon80
Pennsylvania180
Rhode Island14
South Carolina26
South Dakota18
Tennessee59
Texas185
Utah44
Virginia94
Vermont16
Washington147
Wisconsin101
West Virginia26
Wyoming8
International4
Total4,045

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