INTER RAGE ACADEMY OF SOCCER
Mission Statement
IR Academy of Soccer Development is dedicated to promoting the sport of soccer among the local youth and providing an outlet for players to train and compete. Our non-profit organization is community based and committed to the individual player's development.In order to do so, we place emphasis on training that is appropriate for each player's age and ability level regardless of financial background. Our primary goal is the development of players from diverse backgrounds, into motivated performers.The Academy would like to instill the awareness that success can be achieved with hard work, discipline and dedication.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
97.9% | 94.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.1% | 4.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.7 mo | 6.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 89.9% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
58.8% | 10.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
51.3% | 14.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.0% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $848K | $848K | $52K | 97.9% | 0 |
| 2022 | $534K | $560K | $52K | 95.4% | 0 |
| 2021 | $583K | $579K | N/A | — | 0 |
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