Form 990 for tax year 2024
Filed by TRANSYLVANIA YOUTH SOCCER ASSOCIATION.
Totals
- Total revenue
- $189,289
- Total expenses
- $243,907
- Contributions and grants received
- $52,552
- Grants paid
- $0
- Program service revenue
- $138,309
- Investment income
- $15
- Other revenue
- -$1,587
- Total assets, end of year
- $1,113,190
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,113,190
- Program services expenses (Part IX)
- $243,282
- Management and general expenses
- $625
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $243,282
Program services were 99.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$52,552
-
2a · Program service revenue: REGISTRATION FEES
total $138,309 · related or exempt $138,309
-
3 · Investment income
total $15 · related or exempt $15
-
10a · Gross sales of inventory
$1,332
-
10b · Cost of goods sold
$4,082
-
10c · Net income from sales of inventory
total -$2,750 · related or exempt -$2,750
-
11a · Other revenue: MISCELLANEOUS INCOME
total $1,163 · related or exempt $1,163
-
11e · Other revenue, total
$1,163
Functional expenses
Part IX, the statement of functional expenses.
-
11g · Fees: other
total $13,500 · program services $13,500
-
12 · Advertising and promotion
total $2,082 · program services $2,082
-
13 · Office expenses
total $16,608 · program services $16,608
-
21 · Payments to affiliates
total $15,187 · program services $15,187
-
22 · Depreciation, depletion and amortization
total $74,803 · program services $74,803
-
23 · Insurance
total $625 · management and general $625
-
24a · Other expenses: MISCELLANEOUS
total $39,612 · program services $39,612
-
24b · Other expenses: TOURNAMENT
total $32,670 · program services $32,670
-
24c · Other expenses: FIELD EXPENSE
total $30,896 · program services $30,896
-
24d · Other expenses: UMPS/REFS/OFFICIALS
total $11,698 · program services $11,698
-
24e · All other expenses
total $6,226 · program services $6,226
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $88,407 · end of year $109,286
-
4 · Accounts receivable
end of year -$625
-
10a · Land, buildings and equipment: cost or other basis
$1,120,004
-
10b · Land, buildings and equipment: accumulated depreciation
$118,223
-
10c · Land, buildings and equipment, net
beginning of year $1,076,584 · end of year $1,001,781
-
11 · Investments: publicly traded securities
beginning of year $2,817 · end of year $2,748
-
27 · Net assets without donor restrictions
beginning of year $1,167,808 · end of year $1,113,190
Mission and programs · 2024
Mission
TRANSYLVANIA YOUTH SOCCER ASSOCIATION, INC. (TYSA) SEEKS TO FOSTER THE PHYSICAL, MENTAL, AND EMOTIONAL GROWTH OF AMATEUR YOUTH AND ADULTS IN TRANSYLVANIA, HENDERSON, AND ALL NEIGHBORING COUNTIES REGARDLESS OF RACE, GENDER, RELIGION, COLOR, ETHNIC HERITAGE, OR ABILITY, THROUGH THE SPORT OF SOCCER AT ALL LEVELS OF AGE AND COMPETITION BY ESTABLISHING PROGRAMS AND ACTIVITIES THAT FOCUS ON DEVELOPMENT, PROMOTION, TEACHING AND ADMINISTRATION OF THE GAME OF SOCCER.
-
WITH AN EMPHASIS ON FUN AND PARTICIPATION, OUR RECREATIONAL DIVISION IS THE ENTRY POINT FOR CHILDREN WHO ARE NEW TO THE GAME. IN RECREATION, FUN GAMES ARE USED TO DEVELOP BASIC SKILLS, SUCH AS BALL CONTROL AND DRIBBLING, AND TO FURTHER PLAYERS' ENJOYMENT OF THE GAME. RECREATIONAL SOCCER IS COACHED BY VOLUNTEERS WHO ARE EQUIPPED AND SUPPORTED BY THE ORGANIZATION AND WILL RECEIVE COMMUNICATIONS FROM THE PROGRAM DIRECTOR WITH IMPORTANT INFORMATION AND WEEKLY PRACTICE SESSIONS THROUGHOUT THE SEASON. OUR COACHES USE A CURRICULUM MADE UP OF FUN AND DEVELOPMENTALLY APPROPRIATE PRACTICE ACTIVITIES. FALL SEASON RUNS FROM MID-SEPTEMBER TO EARLY NOVEMBER AND OUR SPRING SEASON RUNS FROM EARLY MARCH TO MID-MAY. THERE WERE 260 PARTICIPANTS IN THE RECREATIONAL LEAGUE DURING FISCAL YEAR 2024-25.
Expenses $45,903 · Revenue $31,325
-
THE EFC ACADEMY PROGRAM IS A LEVEL OF TRAINING AND PLAY BEYOND RECREATIONAL SOCCER DESIGNED TO HELP PLAYERS IMPROVE THEIR TECHNICAL SOCCER SKILLS WHICH THEY WILL NEED TO PLAY AT A HIGHER LEVEL, AS WELL AS THEIR LOVE FOR THE GAME. OUR ACADEMY TEAMS PRACTICE LOCALLY, BUT PLAY MOST GAMES IN NEARBY REGIONAL DESINATIONS INCLUDING ASHEVILLE, NC, GREENVILLE, SC AND SIMILAR LOCATIONS. EFC DEVELOPS ACADEMY TEAMS AT THE U10 AND U12 AGE GROUPS FOR BOTH BOYS AND GIRLS. OUR ACADEMY PROGRAM REPRESENTS AN INTERMEDIATE STEP BETWEEN "RECREATIONAL" SOCCER AND "CLASSIC" (TRAVEL) SOCCER. THERE WERE 140 ACADEMY PLAYERS FOR THE 2024-2025 YEAR.
Expenses $99,165 · Revenue $56,349
-
CLASSIC SOCCER IS THE NAME GIVEN TO TRAVEL SOCCER IN NORTH CAROLINA AND IS PLAYED AMONGST OTHER TEAMS IN NORTH CAROLINA IN A LEAGUE ADMINISTERED BY THE NORTH CAROLINA YOUTH SOCCER ASSOCIATION. EFC ENVISIONS OUR FUTURE ACADEMY TEAMS PROGRESSING TO PLAY CLASSIC SOCCER AT THE U13 AGE GROUPS AND OLDER AGES. THERE WERE 115 CLASSIC PLAYERS FOR THE 2024-2025 YEAR.
Expenses $98,214 · Revenue $49,063
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
John FeltyJOHN FELTY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 15
-
Randy BaronRANDY BARON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 15
-
Bob BryantBOB BRYANT
TREASURER
- Total calculated
- $0
- Hours/week
- 15
-
Steven WallsSTEVEN WALLS
SECRETARY
- Total calculated
- $0
- Hours/week
- 15
-
Shea AireySHEA AIREY
ACADEMY DIRECTOR
- Total calculated
- $0
- Hours/week
- 15
-
Adam PayneADAM PAYNE
CLASSIC DIRECTOR
- Total calculated
- $0
- Hours/week
- 15
-
Chappie PowellCHAPPIE POWELL
PLAYER DEVELOPMENT DIRECTO
- Total calculated
- $0
- Hours/week
- 10
-
Brad TomsBRAD TOMS
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 5
-
Jeff GoodwinJEFF GOODWIN
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 5
-
Josh ShoberJOSH SHOBER
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 5
-
Mike McKearinMIKE MCKEARIN
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 5
-
Adam SpencerADAM SPENCER
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 5
-
Mark RothwellMARK ROTHWELL
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 5
-
Heidi PhilyawHEIDI PHILYAW
MEMBER AT LARGE
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 29 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523159349301627
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