U.S. Soccer releases 2017 financial information

U.S. Soccer released their annual form 990 on February 20th, over 320 days after the end of their fiscal year. The federation’s fiscal year ends March 31st which means that the tax filing is normally due on August 15th, but multiple extensions were requested resulting in a delivery date of February 15th. Coincidentally or not, that’s five days after the U.S. Soccer presidential election occurred in Orlando.

Unfortunately, the audited financial statements have not been released, which have more detail and commentary to address the results, but some interesting figures are available. As of March 31st, 2017 USSF had $148 million in net assets, up over $50 million from the year prior. Much has…