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Nonprofit · EIN 20-1519519

LAREDO HEAT YOUTH SOCCER

Tax-exempt · LAREDO, TX 78041

Financials

$254K$284K2023$478K$436K2024$414K$391K2025
Revenue Expenses · by fiscal year end
Financials of LAREDO HEAT YOUTH SOCCER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$413,992$390,892$23,100$41,277$879$40,398
December 31, 2024990$478,478$435,577$42,901$17,824$526$17,298
December 31, 2023990$254,203$284,116-$29,913$4,917$30,520-$25,603
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$226,632
of which government grants
$26,364
Membership dues
$56,523
Program service revenue
$0
Investment income
$0
Other revenue
$187,360

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$42,081
Salaries, compensation and benefits (total)
$45,313
Professional fundraising fees
$0
Accounting fees
$6,350
Travel
$22,250
Program services (functional)
$350,650
Management and general (functional)
$40,242

Balance sheet and other

Total assets, start of year
$17,824
Total assets, end of year
$41,277
Total liabilities, end of year
$879
Net assets, end of year
$40,398
Gross receipts
$413,992
Employees
2
Volunteers
20
Year formed
2007
State of legal domicile
TX

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 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Shashi VaswaniDirector
Trustee or director, Officer
5$0
Priya VaswaniDirector
Trustee or director, Officer
5$0
Juan Jose VelaDirector
Trustee or director, Officer
25$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Shashi VaswaniDirector
Trustee or director, Officer
5$0
Priya VaswaniDirector
Trustee or director, Officer
5$0
Juan Jose VelaDirector
Trustee or director, Officer
25$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Shashi VaswaniDirector
Trustee or director, Officer
5$0
Priya VaswaniDirector
Trustee or director, Officer
5$0
Juan Jose VelaDirector
Trustee or director, Officer
25$0

Address and contacts

Address (IRS master file)
5401 BOB BULLOCK LOOP FL-3, LAREDO, TX 78041-2470
In care of
% SHASHI VASWANI
Mailing address (990-N for 2020)
7220-A Bob Bullock Loop, Laredo TX 78041
Principal officer (990 for 2025)
Shashi Vaswani, 7220-A Bob Bullock Loop 3-A, Laredo, TX 78041
Principal officer (990-N for 2020)
Shashi Vaswani, 7220-A Bob Bullock Loop, Laredo TX 78041
Signed the 990
Shashi Vaswani, DIRECTOR
Phone
(956) 723-1198
Return prepared by
CuellarMoralesGonzalez & Co PLLC

Mission

To provide a centralized organization for children to enjoy organized soccer league play.

990 for the year ended December 31, 2025

Program accomplishments

  • Provide a centralized organization for children to enjoy organized soccer league play.
    Expenses $350,650 · grants $350,650 · revenue $413,992

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-1519519
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
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$41,277
Income (IRS master file)
$413,992

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$413,992$390,892$41,277XML
990December 2024$478,478$435,577$17,824XML
990December 2023$254,203$284,116$4,917XML
990December 2022$262,831$268,371$5,263IRS
990December 2021–––IRS
990-N for 2020
Officer: Shashi Vaswani
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Shashi Vaswani
December 31, 2019≤ $50,000 receipts––e-Postcard

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 20-1519519).

Questions about LAREDO HEAT YOUTH SOCCER

What is the EIN of LAREDO HEAT YOUTH SOCCER?
The employer identification number (EIN) of LAREDO HEAT YOUTH SOCCER is 20-1519519.
Is LAREDO HEAT YOUTH SOCCER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to LAREDO HEAT YOUTH SOCCER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAREDO HEAT YOUTH SOCCER file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LAREDO HEAT YOUTH SOCCER 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 LAREDO HEAT YOUTH SOCCER last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LAREDO HEAT YOUTH SOCCER?
The 990 for the year ended December 31, 2025 names Shashi Vaswani.
Who are the officers and directors of LAREDO HEAT YOUTH SOCCER?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does LAREDO HEAT YOUTH SOCCER have?
On its 990 for the year ended December 31, 2025 it reported revenue of $413,992, expenses of $390,892 and total assets of $41,277 at year end.

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