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crossfire-premier

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Crossfire Premier

Overview

Crossfire Premier Soccer Club is a nonprofit youth soccer organization based in Redmond, WA, founded in 2000. The club operates under the Lake Washington Youth Soccer Association (LWYSA) nonprofit umbrella (EIN: 23-7182665), which complicates standalone financial analysis. Crossfire is nationally recognized with multiple ECNL national titles and is considered one of the top youth soccer clubs in the Pacific Northwest.

The club is also affiliated with Crossfire Redmond, a semi-professional team in the National Premier Soccer League (NPSL).

Financials

Consolidated via LWYSA (EIN: 23-7182665):

  • Revenue: $4,628,568 (FY2024, 990 filing) (HIGH)
  • Expenses: $5,042,845 (FY2024) — net loss of $414K
  • Net Assets: $3,227,069 (FY2024)
  • Revenue breakdown: 96.3% program services

LWYSA financials include recreational programs and other LWYSA activities, not just Crossfire Premier. Crossfire-specific revenue likely lower than $4.6M total.

Financial Assessment: The FY2024 net loss ($414K) warrants investigation — is this a one-time investment or a trend? Net assets of $3.2M provide some cushion. (MEDIUM confidence)

Teams & Players

  • Boys and girls programs from U-7 through U-19
  • Nationally competitive teams at multiple age groups
  • Hundreds of players currently in NCAA D1, D2, D3 programs
  • Multiple U.S. Youth National Team selections

League Affiliations

  • ecnl — Boys and Girls. Multiple national titles.
  • ECNL-RL — Regional League teams
  • RCL — Regional Club League

Facilities

Primary training and competition in Redmond, WA. Club-operated fields within LWYSA infrastructure.

Leadership

Specific leadership details not confirmed in current research. LWYSA governance structure applies.

College Placement

Hundreds of players placed in NCAA D1, D2, and D3 programs. Multiple U.S. Soccer Youth National Team call-ups. Professional careers in U.S. and European leagues.

Competitive Position

Crossfire Premier is the premier ECNL club in Washington State, competing directly with eastside-fc for top talent. The club’s national championship pedigree gives it an edge in recruiting. However, it operates within the LWYSA nonprofit structure, which may limit organizational flexibility compared to standalone clubs.

Strengths:

  • Multiple ECNL national titles — proven track record
  • Strong brand recognition nationally
  • Deep player development pipeline to college and professional
  • Large club with broad age group coverage

Weaknesses:

  • LWYSA umbrella structure complicates standalone valuation and acquisition
  • FY2024 net loss raises financial sustainability questions
  • Competes with MLS-funded Sounders Academy for top talent

Industry Context

Crossfire Premier is the leading ECNL club in Washington State by national title count, operating within the Lake Washington Youth Soccer Association (LWYSA) nonprofit umbrella. The LWYSA structure means Crossfire Premier does not exist as a standalone legal or financial entity — its financials consolidate with recreational and other LWYSA programming. This creates analytical complexity: the $4.6M consolidated revenue figure overstates Crossfire-specific activity, and any structural change to Crossfire would require navigating LWYSA governance rather than a simple club-level transaction. The FY2024 net loss ($414K) warrants monitoring — whether this reflects a one-time investment or a structural cost trend is a key open question for assessing long-term organizational health.

Open Questions

  • What is Crossfire Premier’s standalone revenue vs. LWYSA consolidated?
  • What is the LWYSA governance structure — can Crossfire be separated?
  • What caused the FY2024 net loss?
  • Who are the key decision-makers for any structural change?
  • Does Crossfire have facility ownership or are all facilities leased through LWYSA/municipalities?

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