Skip to the page content
Passes our checks

Madison 56ers Soccer Club Inc

EIN 39-1558513 · Oregon, WI

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair50 out of 100GovernanceWeak45 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

MADISON 56ERS SC IS THE PREMIER SOCCER CLUB IN SOUTHWEST WISCONSIN, WITH OVER 60 YEARS OF EXPERIENCE TRAINING THE AREA'S TOP ATHLETES. OUR ACHIEVEMENTS INCLUDE OVER 27 YOUTH STATE TITLES AND A NATIONAL CHAMPIONSHIP. IT IS OUR CONTINUING MISSION TO PROVIDE A QUALITY EDUCATIONAL EXPERIENCE WHICH WILL HELP SOCCER PLAYERS OF ALL AGES REACH THEIR MAXIMUM POTENTIAL AS SOCCER ATHLETES AND TO ACHIEVE THE HIGHEST STANDARDS OF CONDUCT AND PROFESSIONALISM REGARDLESS OF INCOME OR ABILITY TO PLAY.

Income
$1.9 million
Spending
$1.7 million
Spent on programs
92%
Reserves
-2.9 months of spending
Largest source of income
fees for its services, 97%
Employees
67
Volunteers
17
Highest pay
$93,026, director of coaching

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 50 out of 100. Higher than 17% of charities in its peer group (recreation and sports, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    5 of 20

    It owes 54% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 11% of income.

  • Income trend

    15 of 15

    Income rose 26% on the year before.

  • Spending floor

    15 of 15

    92% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 45 out of 100. Higher than 16% of charities in its peer group (recreation and sports, $1m to $10m).

  • Independent board

    25 of 25

    12 of 13 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $1.6 million spent. YOUTH SOCCER TEAM ORGANIZATION PROVIDING COMPETITIVE SOCCER TEAMS. WE OFFER THE UNIQUE OPPORTUNITY FOR YEAR-ROUND TRAINING, INCLUDING WINTER SESSIONS AT OUR INDOOR TRAINING FACILITY. WE PLACE AN EMPHASIS ON FOSTERING A POSITIVE CLUB COMMUNITY, RESULTING IN STRONG FRIENDSHIPS AND RELATIONSHIPS BETWEEN TEAMMATES AND CLUB MEMBERS. OUR OBJECTIVE IS TO DEVELOP A STABLE YOUTH SOCCER CAREER FOR PLAYERS OF ALL AGES. WE ARE FIRMLY DEDICATED TO PROVIDING A SOCCER ENVIRONMENT THAT WILL ALLOW EVERY PLAYER TO LEARN AND GROW TO THE BEST OF THEIR ABILITIES.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2003.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.