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Nonprofit · EIN 88-2886611

LAMBDA RISING SOCCER CLUB

Tax-exempt · SAN DIEGO, CA 92103

Financials

$74K$71K2024
Revenue Expenses · by fiscal year end
Financials of LAMBDA RISING SOCCER CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$73,694$71,006$2,688$7,979–$7,979
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$27,265
Program service revenue
$46,429

Expenses

Compensation of officers, directors and key employees
$10,922
Salaries, compensation and benefits (total)
$10,922
Professional fees and payments to contractors
$17,555
Occupancy
$6,818
Printing, publications and postage
$2,000
Other expenses
$33,711
Program services (functional)
$33,645

Balance sheet and other

Total assets, start of year
$5,291
Total assets, end of year
$7,979
Total liabilities, end of year
–
Net assets, end of year
$7,979
Cash, savings and investments
$7,979
Gross receipts
$73,694

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Xavi ValdezExecutive Director40$10,922
Ryan WolfBoard Member2$0
Manuel QuinteroBoard Secretary/Treasurer5$0

Address and contacts

Address (IRS master file)
1286 UNIVERSITY AVE, SAN DIEGO, CA 92103-3312
Mailing address (990-N for 2025)
1286 University Ave 1088, SAN DIEGO CA 92103
Principal officer (990-N for 2025)
Xavi Valdez, 1286 University Ave, 1088, San Diego CA 92111
Signed the 990-EZ
Xavi Valdez, Executive Director
Phone
(619) 665-6046

California records

California keeps its own records of charities and corporations. Search them by EIN 88-2886611 or by the name LAMBDA RISING SOCCER CLUB.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

Lambda Rising Soccer Club provides inclusive soccer programs for the LGBTQ+ and Ally Community of San Diego.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Mini Soccer Program Ages 4-5 40 players served
    Expenses $1,050
  • After School Soccer Program 105 players served
    Expenses $7,595
  • Youth Soccer League Ages 6-12 114 players served
    Expenses $25,000 · grants $25,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
88-2886611
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Xavi Valdez
December 31, 2025≤ $50,000 receipts––e-Postcard
990-EZDecember 2024$73,694$71,006$7,979XML
990-N for 2023
Officer: Xavi Valdez
December 31, 2023≤ $50,000 receipts––e-Postcard
990-EZDecember 2022–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-2886611).

Questions about LAMBDA RISING SOCCER CLUB

What is the EIN of LAMBDA RISING SOCCER CLUB?
The employer identification number (EIN) of LAMBDA RISING SOCCER CLUB is 88-2886611.
Is LAMBDA RISING SOCCER CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to LAMBDA RISING SOCCER CLUB tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAMBDA RISING SOCCER CLUB file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of LAMBDA RISING SOCCER CLUB due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAMBDA RISING SOCCER CLUB last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of LAMBDA RISING SOCCER CLUB?
The 990-N for 2025 names Xavi Valdez.
Who are the officers and directors of LAMBDA RISING SOCCER CLUB?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $10,922 (Xavi Valdez, Executive Director).
How much revenue does LAMBDA RISING SOCCER CLUB have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $73,694, expenses of $71,006 and total assets of $7,979 at year end.

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