## **SPIRIT OF SOCCER, INC.**
_FINANCIAL STATEMENTS_
_APRIL l, 2023_ - _MARCH 31, 2024_
## **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, 2023, and the related statement of revenues, expenses, and changes in net assets - cash basis for the period running April 1, 2023 to March 31, 2024. 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 17, 2025
## **SPIRIT OF SOCCER, INC.**
Johnstown, Pennsylvania
## **STATEMENT OF REVENUES, EXPENSES AND CHANGES**
## **IN NET ASSETS** - **CASH BASIS** - **US Dollars**
For period ending March 31, 2024
## **ASSETS**
CURRENT ASSETS Cash ~~$~~ 343,997 TOTAL CURRENT ASSETS 343,997 **LIABILITIES AND NET ASSETS** NET ASSETS Unrestricted Net Assets 343,997 TOTAL NET ASSETS ~~343,997~~ **TOTAL LIABILITIES AND NET ASSETS** ~~**343,997**~~
## **SPIRIT OF SOCCER, INC.**
Johnstown, Pennsylvania
## **STATEMENT OF REVENUES, EXPENSES AND CHANGES**
## **IN NET ASSETS** - **CASH BASIS** - **US Dollars**
For period ending March 31, 2024
## **REVENUES**
|U.S.Department of State Grants
$ Other Grants & Contributions
**TOTAL REVENUES**
**EXPENSES**
Program Services
Management and General
**TOTAL EXPENSES**
**CHANGE IN NET ASSETS 12,579**
Net Assets, March 31, 2023
Net Assets, March 31, 2024|1,751,500
85,431
**$1,836,931**
$ 1,688,628
135,724
$ **1,824,352**
201,378
213,957|
|---|---|
## **SPIRIT OF SOCCER, INC.**
Johnstown, Pennsylvania
## **STATEMENT OF REVENUES, EXPENSES AND CHANGES**
**IN NET ASSETS** - **CASH BASIS** - **POUNDS**
For period ending March 31, 2024
## **ASSETS**
CURRENT ASSETS
Cash 272,596 TOTAL CURRENT ASSETS 272,596
## **LIABILITIES AND NET ASSETS**
## NET ASSETS
Unrestricted Net Assets 272,596 TOTAL NET ASSETS 272,596 **TOTAL LIABILITIES AND NET ASSETS 272,596**
## **SPIRIT OF SOCCER, INC.**
Johnstown, Pennsylvania
## **STATEMENT OF REVENUES, EXPENSES AND CHANGES**
## **IN NET ASSETS** - **CASH BASIS** - **POUNDS**
For period ending March 31, 2024
## **REVENUES**
|**REVENUES**||||
|---|---|---|---|
|U.S. Department of State Grants||$|1,387,681|
|Other Grants & Contributions|||67,687|
|**TOTAL REVENUES**||$|**$1,455,368**|
|**EXPENSES**||||
|Program Services||$|1,337,898|
|Management and General|||107,540|
|**TOTAL EXPENSES**||$|**1,445,438**|
|**CHANGE IN NET ASSETS**|**9,930**|||
|Net Assets, March 31, 2023|117,202|||
|Net Assets, March 31, 2024|127,132|||
## **EXPENSES**