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Shark Coast Fc Inc

EIN 75-3218498 · New Smyrna, FL

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

LegitimacyPassesRegistration and standingFinancial healthGood83 out of 100GovernanceWeak25 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SOUTHEAST VOLUSIA SOCCER CLUB (SVSC) IS A NON-PROFIT ORGANIZATION LOCATED IN NEW SMYRNA BEACH, FLORIDA. SVSC PROVIDES RECREATIONAL, SELECT AND COMPETITIVE SOCCER PROGRAMS FOR BOYS AND GIRLS AGES 4 TO 18 IN ADDITION TO ADULT RECREATIONAL LEAGUES. SVSC PROGRAMS OFFER PLAYERS OF ALL AGES, SOCIOECONOMIC STATUS AND ABILITY LEVELS THE OPPORTUNITY TO DEVELOP SOCCER SKILLS AT AN AFFORDABLE PRICE WHILE STILL RECEIVING THE SAME HIGH QUALITY COACHING OF HIGHER PRICED CLUBS.

Income
$152,434
Spending
$132,526
Spent on programs
100%
Reserves
6.6 months of spending
Largest source of income
fees for its services, 100%
Employees
0

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 83 out of 100. Higher than 63% of charities in its peer group (recreation and sports, under $250k).

  • Reserves

    28 of 35

    Spendable reserves would cover 6.6 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 13% of income.

  • Income trend

    5 of 15

    Income fell 21% on the year before.

  • Spending floor

    15 of 15

    100% of spending went to programs.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 25 out of 100. Higher than 10% of charities in its peer group (recreation and sports, under $250k).

  • Independent board

    5 of 25

    0 of 3 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.

  • No reported misuse

    10 of 10

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

Source: Form 990 for the year ending December 31, 2024, 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 (3)
  1. $128,892 spent. SVSC PROVIDES A UNIQUE ENVIRONMENT FOR SOCCER PLAYERS TO HAVE FUN, DEVELOP HIGH QUALITY SOCCER SKILLS, AND LEARN ABOUT TEAMWORK, GOOD SPORTSMANSHIP AND POSITIVE VALUES.
  2. $3,634 spent. SVSC PROVIDES A UNIQUE ENVIRONMENT FOR SOCCER PLAYERS TO HAVE FUN, DEVELOP HIGH QUALITY SOCCER SKILLS, AND LEARN ABOUT TEAMWORK, GOOD SPORTSMANSHIP AND POSITIVE VALUES.
  3. SVSC PROVIDES A UNIQUE ENVIRONMENT FOR SOCCER PLAYERS TO HAVE FUN, DEVELOP HIGH QUALITY SOCCER SKILLS, AND LEARN ABOUT TEAMWORK, GOOD SPORTSMANSHIP AND POSITIVE VALUES.

Source: Form 990 for the year ending December 31, 2024, 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? Worth knowing.

    Status was revoked on May 15, 2010 for not filing returns for three years, and reinstated on August 15, 2014.

    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 December 2024.

    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 September 2014.

    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.