SPIRIT OF SOCCER, INC.
FINANCIAL STATEMENTS
APRIL 1, 2020 – MARCH 31, 2021
CONTENTS
Compilation Report …………………………………………………………………………………………………………………1 Statement of Assets, Liabilities and Net Assets – Cash Basis US Dollars……………………………………………………………………………………………………………………………….2 Statement of Revenues, Expenses and Changes in Net Assets – Cash Basis, US Dollars…………………………………………………………………………………………………………….3 Statement of Assets, Liabilities and Net Assets – Cash Basis Pounds………………………………………………………………………………………………………………….4 Statement of Revenues, Expenses and Changes in Net Assets – Cash Basis Pounds………………………………………………………………………………………………………………….5 Notes …………………………………………………………………………………………………………………………………………….6
Spirit of Soccer, Inc.
Spirit of Soccer, Inc. Johnstown, Pennsylvania
I have compiled the accompanying statement of assets, liabilities and net assets – cash basis of Spirit of Soccer, Inc. as of March 31, 2021, and the related statement of revenues, expenses, and changes in net assets – cash basis for the period running April 1, 2020 to March 31, 2021. The statements have been prepared on the cash basis of accounting, which is a comprehensive basis of accounting other than generally accepting accounting principles.
A compilation is limited to present in the form of financial statements information that is the representation of management.
Laurie Helsel Independent Financial Advisor
January 31, 2022
SPIRIT OF SOCCER, INC. Johnstown, Pennsylvania
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET ASSETS – CASH BASIS – US Dollars For period ending March 31, 2021
ASSETS CURRENT ASSETS Cash TOTAL CURRENT ASSETS LIABILITIES AND NET ASSETS NET ASSETS Unrestricted Net Assets TOTAL NET ASSETS TOTAL LIABILITIES AND NET ASSETS |
~~$~~ ~~139542~~ |
|---|---|
~~,~~ ~~139542~~ |
|
| ~~,~~ ~~139542~~ |
|
| ~~,~~ ~~139542~~ |
|
| ~~,~~ ~~139542~~ |
|
| ~~,~~ |
SPIRIT OF SOCCER, INC.
Johnstown, Pennsylvania
STATEMENT OF REVENUES, EXPENSES AND CHANGES
IN NET ASSETS – CASH BASIS – US Dollars
For period ending March 31, 2021
REVENUES U.S. Department of State Grants Other Grants & Contributions TOTAL REVENUES EXPENSES Program Services Management and General TOTAL EXPENSES CHANGE IN NET ASSETS Net Assets, March 31, 2020 Net Assets, March 31, 2021 |
|
|---|---|
SPIRIT OF SOCCER, INC.
Johnstown, Pennsylvania
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET ASSETS – CASH BASIS – POUNDS For period ending March 31, 2021
ASSETS CURRENT ASSETS Cash ~~103,187~~ TOTAL CURRENT ASSETS 103,187
LIABILITIES AND NET ASSETS NET ASSETS Unrestricted Net Assets 103,187 TOTAL NET ASSETS 103,187 TOTAL LIABILITIES AND NET ASSETS ~~103,187~~
SPIRIT OF SOCCER, INC.
Johnstown, Pennsylvania
STATEMENT OF REVENUES, EXPENSES AND CHANGES
IN NET ASSETS – CASH BASIS – POUNDS
For period ending March 31, 2021
REVENUES |
||
|---|---|---|
| U.S. Department of State Grants | $ 729,824 | |
| Other Grants & Contributions | 72,629 | |
TOTAL REVENUES |
$ 802,453 | |
EXPENSES |
||
| Program Services | $ 670,663 | |
| Management and General |
28,603 | |
| TOTAL EXPENSES |
$ | 699,266 |
| CHANGE IN NET ASSETS | ||
| Net Assets, March 31, 2020 | 200,169 | |
| Net Assets, March 31, 2021 |
103,187 |