Las Vegas Valley Soccer League
Las Vegas Valley Soccer League operates with minimal assets and volunteer leadership, balancing revenues and expenses annually.
EIN: 203161019 · Las Vegas, NV · NTEE: N64 · Updated: 2026-03-28
About Las Vegas Valley Soccer League
Las Vegas Valley Soccer League (EIN: 203161019) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code N64. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Las Vegas Valley Soccer League's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Las Vegas Valley Soccer League with a Mission Score of 80 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: 90%
- fundraising: 0%
According to IRS 990 filings, Las Vegas Valley Soccer League allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is run by volunteers. This is a strong positive for a small organization, demonstrating a commitment to directing all funds towards its mission rather than administrative salaries.
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.
Red Flags
The following concerns were identified during AI analysis of Las Vegas Valley Soccer League's IRS 990 filings:
- Very low asset base, indicating limited financial reserves
- Lack of detailed expense breakdown in provided data, limiting in-depth efficiency analysis
Strengths
The following positive indicators were identified for Las Vegas Valley Soccer League:
- Consistent operation over multiple years
- Zero officer compensation, indicating volunteer leadership and efficient use of funds
- Revenues and expenses generally balanced, showing fiscal responsibility
Frequently Asked Questions about Las Vegas Valley Soccer League
Is Las Vegas Valley Soccer League a good charity?
Based on the available data, the Las Vegas Valley Soccer League appears to be a well-managed, volunteer-led organization. Its consistent operation with revenues and expenses largely in balance, and zero officer compensation, suggests a strong commitment to its mission without significant overhead for executive salaries. However, without detailed program expense breakdowns, it's difficult to fully assess the impact of its spending.
How does the organization manage its finances given its low assets?
The organization consistently operates with very low assets, such as $621 in 2022. This suggests a 'cash-in, cash-out' model, where funds received are quickly expended on operational costs like field rentals, equipment, and league administration. This model is common for smaller, activity-based nonprofits that do not require significant capital investments.
What caused the liability spike in 2020?
In 2020, the organization reported liabilities of $15,776, a significant increase compared to other years where liabilities were $0 or $2,000 (2022). This could indicate a temporary financial strain, perhaps due to unexpected expenses or deferred payments during the COVID-19 pandemic, which impacted many sports organizations.
Filing History
IRS 990 filing history for Las Vegas Valley Soccer League showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2017–2022), Las Vegas Valley Soccer League's revenue has declined by 33.6%, moving from $153K to $101K. Total assets increased by 62000% over the same period, from $1 to $621. Total functional expenses fell by 34.1%, from $156K to $103K. In its most recent filing year (2022), Las Vegas Valley Soccer League reported a deficit of $1K, with expenses exceeding revenue. The organization holds $2K in liabilities against $621 in assets (debt-to-asset ratio: 322.1%), resulting in net assets of $-1,379.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $101K | $103K | $621 | $2K | — | View 990 |
| 2021 | $161K | $158K | $2K | $0 | — | View 990 |
| 2020 | $105K | $125K | $3K | $16K | — | — |
| 2019 | $188K | $187K | $700 | $0 | — | — |
| 2018 | $176K | $173K | $2K | $0 | — | View 990 |
| 2017 | $153K | $156K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $101K, expenses of $103K, and assets of $621 (revenue -37.0% year-over-year).
- 2021: Revenue of $161K, expenses of $158K, and assets of $2K (revenue +53.1% year-over-year).
- 2020: Revenue of $105K, expenses of $125K, and assets of $3K (revenue -44.2% year-over-year).
- 2019: Revenue of $188K, expenses of $187K, and assets of $700 (revenue +6.6% year-over-year).
- 2018: Revenue of $176K, expenses of $173K, and assets of $2K (revenue +15.6% year-over-year).
- 2017: Revenue of $153K, expenses of $156K, and assets of $1.
Data Sources and Methodology
This transparency report for Las Vegas Valley Soccer League 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.