Northern Soccer Club

Overview

Northern Soccer Club has served the communities of Northern New Mexico (Santa Fe, Los Alamos, Eldorado, and surrounding areas) for over 50 years. The club is a 501(c)(3) nonprofit operating under the Northern New Mexico Soccer Association (EIN: 85-0376373).

The club’s mission emphasizes affordable access: “every kid should have access to soccer.” It operates both recreational programs and a “Northern Soccer Club Select” elite program for top-level league competition in NM.

Financials

Operating under Northern NM Soccer Association (EIN: 85-0376373):

YearRevenueExpensesTotal Assets
2024$555,443$459,213$168,775
2023$482,064$444,496$52,025
2022$253,455$242,496$12,512
2019$322,449$319,546$11,959

Source: ProPublica Nonprofit Explorer (HIGH)

Strong post-COVID recovery with revenue growing from $139K (2021) to $555K (2024).

Investment Thesis

Northern Soccer Club was recently welcomed into the NM Rapids organization (per nmrapids.org: “Rio Rapids SC Welcomes Northern Soccer!”), suggesting it is now affiliated with or absorbed by NM Rapids. This further consolidates the NM market under NM Rapids’ umbrella. The Santa Fe market (~89K city population) is a secondary market within NM.