## **SPIRIT OF SOCCER, INC.**
## _**FINANCIAL STATEMENTS**_
_**APRIL 1, 2021 – MARCH 31, 2022**_
## **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, 2022, and the related statement of revenues, expenses, and changes in net assets – cash basis for the period running April 1, 2021 to March 31, 2022. 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
December 29, 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, 2022
|
**ASSETS**
CURRENT ASSETS
Cash
TOTAL CURRENT ASSETS
**LIABILITIES AND NET ASSETS**
NET ASSETS
Unrestricted Net Assets
TOTAL NET ASSETS
**TOTAL LIABILITIES AND NET ASSETS**
|~~$~~
~~85980~~|
|---|---|
||
~~,~~
~~85980~~|
||~~,~~
~~85980~~|
||~~,~~
~~85980~~|
||~~,~~
~~**85980**~~|
||~~**,**~~|
## **SPIRIT OF SOCCER, INC.**
Johnstown, Pennsylvania
## **STATEMENT OF REVENUES, EXPENSES AND CHANGES**
## **IN NET ASSETS – CASH BASIS – US Dollars**
For period ending March 31, 2022
|
**REVENUES**
U.S. Department of State Grants
Other Grants & Contributions
**TOTAL REVENUES**
**EXPENSES**
Program Services
Management and General
**TOTAL EXPENSES**
**CHANGE IN NET ASSETS**
Net Assets, March 31, 2021
Net Assets, March 31, 2022
|$|
|---|---|
**SPIRIT OF SOCCER, INC.** Johnstown, Pennsylvania
## **STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET ASSETS – CASH BASIS – POUNDS** For period ending March 31, 2022
**ASSETS** CURRENT ASSETS Cash ~~59,024~~ TOTAL CURRENT ASSETS 59,024 **LIABILITIES AND NET ASSETS** NET ASSETS Unrestricted Net Assets 59,024 TOTAL NET ASSETS 59,024 **TOTAL LIABILITIES AND NET ASSETS** ~~**59,024**~~
## **SPIRIT OF SOCCER, INC.**
Johnstown, Pennsylvania
## **STATEMENT OF REVENUES, EXPENSES AND CHANGES**
## **IN NET ASSETS – CASH BASIS – POUNDS**
For period ending March 31, 2022
|
**REVENUES**|||
|---|---|---|
|U.S. Department of State Grants|$|1,003,338|
|Other Grants & Contributions||121,075|
|
**TOTAL REVENUES**|**$**|**$1,124,413**|
|
**EXPENSES**|||
|Program Services|$|1,077,844|
|Management and General
||90,732|
|**TOTAL EXPENSES**
|**$**|
**1,168,576**|
|**CHANGE IN NET ASSETS**|||
|Net Assets, March 31, 2021|103,187||
|Net Assets, March 31, 2022|59,024||