Any youth soccer club big enough to matter has to file with the IRS every year. Almost nobody reads what gets filed. We did — revenue, director pay, and who actually owns what — for the clubs that already have your kid's registration fee.
None of this is illegal. All of it is public. Most of it never gets read.
Four directors' pay disappeared from the books the year a company they also run went national under a nearly identical name.
Started as a Del Mar club team in 1977. Now the events arm answers to a Florida investment firm that also owns a piece of one of the biggest youth soccer networks on the planet.
Revenue fell 81% in two years. Expenses fell 95%. The founder's for-profit company, running under the same name since 2015, kept humming along.
Every nonprofit of any real size has to file one with the IRS, and the filing is public. Revenue, expenses, assets, and exactly what every director and top employee got paid, by name. Most clubs count on nobody reading it.
Plenty of clubs run the coaching side as a nonprofit and hand the tournaments, apparel, or facility to a separate for-profit company. That's ordinary, and often above board. We lay out the structure. You decide what it means.
That doesn't mean it's clean. It means nobody's finished pulling the thread yet. Every report says plainly which is which.