Downtown Las Vegas Soccer Club
Downtown Las Vegas Soccer Club shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 202683627 · Las Vegas, NV · NTEE: N64 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.3M |
| Program Spending | 85% |
| Net Assets | $1.2M |
| Transparency Score | 90/100 |
Is Downtown Las Vegas Soccer Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Downtown Las Vegas Soccer Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Downtown Las Vegas Soccer Club
Downtown Las Vegas Soccer Club (EIN: 202683627) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code N64. The organization reported total revenue of $2.6M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Las Vegas Soccer Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Las Vegas Soccer Club is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$210K |
| Total Assets | $1.2M |
| Total Liabilities | $36K |
| Net Assets | $1.2M |
| Operating Margin | 8.3% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 6.5 months |
Financial Health Grade: A
In 2023, Downtown Las Vegas Soccer Club reported a surplus of $210K with revenue exceeding expenses, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Downtown Las Vegas Soccer Club's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.2% | +25.5% | +22.6% |
| 2022 | +25.0% | +17.8% | +24.7% |
| 2021 | -20.1% | -32.7% | +50.8% |
| 2020 | +2.3% | -1.0% | +13.2% |
| 2019 | +20.0% | +25.8% | -17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Downtown Las Vegas Soccer Club with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Downtown Las Vegas Soccer Club allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $210K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer or compensated through non-officer roles, which is a strong positive for donor confidence.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Downtown Las Vegas Soccer Club:
- Consistent revenue growth, from $1.47M in 2015 to $2.53M in 2023.
- Significant asset accumulation, growing from $300K in 2015 to $1.25M in 2023.
- Low liabilities relative to assets, indicating strong financial health (e.g., $36K liabilities vs. $1.25M assets in 2023).
- No reported officer compensation across all 13 filings, suggesting a volunteer-driven or highly efficient leadership structure.
- Generally positive net income, with expenses typically lower than revenue, contributing to sustainability.
Frequently Asked Questions about Downtown Las Vegas Soccer Club
Is Downtown Las Vegas Soccer Club a legitimate charity?
Downtown Las Vegas Soccer Club (EIN: 202683627) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.6M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Downtown Las Vegas Soccer Club spend its money?
Downtown Las Vegas Soccer Club directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Downtown Las Vegas Soccer Club tax-deductible?
Downtown Las Vegas Soccer Club is registered as a tax-exempt nonprofit (EIN: 202683627). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Downtown Las Vegas Soccer Club's spending goes to programs?
Downtown Las Vegas Soccer Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Downtown Las Vegas Soccer Club compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Downtown Las Vegas Soccer Club is above average for NTEE category N64 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Downtown Las Vegas Soccer Club located?
Downtown Las Vegas Soccer Club is headquartered in Las Vegas, Nevada and files with the IRS under EIN 202683627. It is classified under NTEE code N64.
How many years of IRS 990 filings does Downtown Las Vegas Soccer Club have?
Downtown Las Vegas Soccer Club has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.6M in total revenue.
Is Downtown Las Vegas Soccer Club financially stable?
Yes, the club demonstrates strong financial stability with consistent revenue growth from $1.47M in 2015 to $2.53M in 2023, and significant asset accumulation from $300K to $1.25M over the same period, while maintaining low liabilities.
How efficient is Downtown Las Vegas Soccer Club with its spending?
The club appears efficient, consistently spending less than its revenue in most years, such as in 2023 where expenses were $2.32M against $2.53M in revenue, allowing for asset growth and indicating responsible financial management.
Does Downtown Las Vegas Soccer Club pay its officers?
Based on the provided IRS 990 data, the organization consistently reports 0% officer compensation across all 13 filings, suggesting that officers are not compensated or are compensated in a manner not categorized as officer compensation.
Filing History
IRS 990 filing history for Downtown Las Vegas Soccer Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Downtown Las Vegas Soccer Club's revenue has grown by 167.9%, moving from $944K to $2.5M. Total assets increased by 2217.2% over the same period, from $54K to $1.2M. Total functional expenses rose by 134.7%, from $988K to $2.3M. In its most recent filing year (2023), Downtown Las Vegas Soccer Club reported a surplus of $210K, with revenue exceeding expenses. The organization holds $36K in liabilities against $1.2M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.3M | $1.2M | $36K | — | — |
| 2022 | $2.3M | $1.8M | $1.0M | $17K | — | View 990 |
| 2021 | $1.8M | $1.6M | $816K | $243K | — | View 990 |
| 2020 | $2.3M | $2.3M | $541K | $220K | — | — |
| 2019 | $2.2M | $2.4M | $478K | $103K | — | View 990 |
| 2018 | $1.9M | $1.9M | $580K | $76K | — | View 990 |
| 2017 | $1.9M | $1.7M | $583K | $62K | — | View 990 |
| 2016 | $1.6M | $1.5M | $402K | $51K | — | View 990 |
| 2015 | $1.5M | $1.3M | $300K | $85K | — | View 990 |
| 2014 | $1.5M | $1.5M | $185K | $101K | — | View 990 |
| 2013 | $1.5M | $1.5M | $120K | $23K | — | View 990 |
| 2012 | $1.5M | $1.4M | $156K | $108K | — | View 990 |
| 2011 | $944K | $988K | $54K | $83K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.3M, and assets of $1.2M (revenue +11.2% year-over-year).
- 2022: Revenue of $2.3M, expenses of $1.8M, and assets of $1.0M (revenue +25.0% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.6M, and assets of $816K (revenue -20.1% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.3M, and assets of $541K (revenue +2.3% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.4M, and assets of $478K (revenue +20.0% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $580K (revenue -0.4% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.7M, and assets of $583K (revenue +15.5% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.5M, and assets of $402K (revenue +9.3% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.3M, and assets of $300K (revenue -3.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $185K (revenue +0.7% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $120K (revenue +3.5% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.4M, and assets of $156K (revenue +55.2% year-over-year).
- 2011: Revenue of $944K, expenses of $988K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Las Vegas Soccer Club:
Data Sources and Methodology
This transparency report for Downtown Las Vegas Soccer Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.