Ballistic United Soccer Club
EIN: 23-7072476 · Tax status: 501(c)(3) nonprofit
Overview
Ballistic United Soccer Club (BUSC) is a 501(c)(3) nonprofit established in 1968, based in Pleasanton, California. Tax-exempt since April 1970, making it one of the oldest youth soccer organizations in NorCal. The club offers Rec, Comp, and MLS Next programs for ages 5-18. BUSC provides $20,000+ annually in financial aid for underserved families.
Financials
| Metric | FY2025 (Jun) | FY2024 (Dec) | FY2023 (Dec) | Source |
|---|---|---|---|---|
| Total Revenue | $510,690 | $2,550,109 | $2,284,342 | 990 (HIGH) |
| Total Expenses | $1,320,234 | $2,585,670 | $2,304,751 | 990 (HIGH) |
| Net Income | -$809,544 | -$35,561 | -$20,409 | 990 (HIGH) |
| Net Assets | $374,035 | $754,683 | $780,726 | 990 (HIGH) |
The FY2025 (June) filing shows a dramatic revenue drop ($510K vs $2.6M) and large net loss ($810K). This may reflect a change in fiscal year or a genuine operational crisis. Investigate.
Normal-year revenue appears to be ~$2.5M (FY2024). The club has run consecutive losses, eroding net assets from $780K to $374K.
Teams & Players
Programs include Rec, Comp, and MLS Next DA teams at all skill levels for ages 5-18. Total player count TBD.
League Affiliations
- mls-next — Boys (DA level)
- NorCal Premier Soccer
Facilities
Pleasanton, CA. 275 Rose Ave Ste 209. Details TBD.
Leadership
No executive compensation reported on 990. Volunteer-led.
Competitive Position
BUSC operates in Pleasanton, the same city as pleasanton-rage (girls ECNL). The two clubs together cover boys (BUSC) and girls (Rage) at the elite level. A merger or joint acquisition could create a comprehensive Pleasanton platform.
Strengths: MLS Next membership, 55+ year brand, Pleasanton location (affluent Tri-Valley), financial aid program. Weaknesses: Consecutive losses, declining net assets, FY2025 anomaly is concerning.
Industry Context
BUSC’s consecutive losses and declining net assets ($780K to $374K over three years) are notable for a club with MLS Next membership in an affluent market. The FY2025 revenue anomaly ($510K versus the ~$2.5M annual run rate) suggests either a fiscal year change or a significant operational disruption. The club operates in geographic overlap with pleasanton-rage (girls ECNL), meaning Pleasanton is served by complementary boys/girls elite programs — a structural feature common in larger suburban markets.
Open Questions
- What caused the FY2025 revenue collapse ($510K vs $2.6M annual run rate)?
- Is there a relationship or merger potential with pleasanton-rage?
- What is the MLS Next tier — full DA or Homegrown?
- What is the player count and team structure?