Stamford Youth Soccer League Inc
- Assets
- $1.0m
- Revenue
- $944.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Greenwich, CT
- Founding
- 07/1979
- Data as of
- 08/2023
- EIN
- 06-1004370
Organization Overview
Stamford Youth Soccer League Inc is located in Greenwich, CT. The organization was established in 1979. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stamford Youth Soccer League Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Stamford Youth Soccer League Inc generated $944.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $747.7k during the year ending 08/2023. While expenses have increased by 2.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AN OPPORTUNITY FOR YOUTH AGES 4-19 OF ALL EXPERIENCE AND SKILL LEVELS TO PLAY SOCCER AND TEACH THE IMPORTANCE OF TEAMWORK, SPORTSMANSHIP, AND DISCIPLINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR OVER 30 YEARS THE NON-PROFIT STAMFORD YOUTH SOCCER LEAGUE HAS PROVIDED AN OPPORTUNITY TO PLAY SOCCER FOR YOUTH BETWEEN THE AGES OF 4-19. OUR GOAL IS TO CREATE AN ATMOSPHERE WITHIN WHICH CHILDREN OF ALL ABILITY LEVELS CAN LEARN THE GAME OF SOCCER AS WELL AS IMPORTANT LIFE SKILLS OF SPORTSMANSHIP, TEAMWORK AND DISCIPLINE. THE LEVEL OF COMPETITION RANGES FROM "FIRST TOUCH" TO THE U-18 PREMIER LEAGUES. CURRENTLY, THERE ARE 3 SOCCER PROGRAMS BEING RUN WHICH ARE THE HOUSE LEAGUE, TRAVEL TEAMS DIVISION AND INDOOR LEAGUE. THE HOUSE LEAGUE PROGRAM ACCEPTS ALL CHILDREN REGARDLESS OF SKILL LEVEL OR PREVIOUS EXPERIENCE HELD DURING AUTUMN AND SPRING. TRAVEL TEAMS DIVISION IS FOR PLAYERS WHO ACHIEVE A HIGH LEVEL OF PLAY ENOUGH TO AWARD HIM OR HER A PLACE ON A TRAVEL TEAM HELD ALSO IN SPRING AND FALL. LAST IS THE INDOOR LEAGUE WHICH ARE HELD DURING THE WINTER MONTHS. CHILDREN FROM BOTH THE HOUSE AND TRAVEL TEAMS ARE ENCOURAGED TO PARTICIPATE IN THE INDOOR LEAGUE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Pepi Executive Di | Trustee | 40 | $71,500 |
Yadhira Astacio Secretary | OfficerTrustee | 5 | $0 |
Scott Herckis Asst-Treasur | Trustee | 5 | $0 |
Michelle Lesser Board Member | Trustee | 3 | $0 |
Eric Linask President | OfficerTrustee | 5 | $0 |
Frank Magnifico Treasurer | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Crocodile Elite Soccer Academy Llc Training & Inst | 8/30/23 | $139,615 |
Quality Touch Soccer Academy Training & Inst | 8/30/23 | $242,960 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,800 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,800 |
| Total Program Service Revenue | $917,662 |
| Investment income | $11,070 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,076 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $944,089 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $71,500 |
| Compensation of current officers, directors, key employees. | $27,885 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,111 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $516,137 |
| Advertising and promotion | $1,161 |
| Office expenses | $12,060 |
| Information technology | $1,912 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $74 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,115 |
| All other expenses | $8,586 |
| Total functional expenses | $747,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $669,436 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $320,148 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,645 |
| Total assets | $1,001,229 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,001,229 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,001,229 |