Yardley Morrisville Soccer Inc
- Assets
- $2.7m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 6
- Location
- Fallsington, PA
- Founding
- 05/1991
- Data as of
- 12/2023
- EIN
- 23-2271377
Organization Overview
Yardley Morrisville Soccer Inc is located in Fallsington, PA. The organization was established in 1991. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Yardley Morrisville Soccer Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yardley Morrisville Soccer 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 12/2023, Yardley Morrisville Soccer Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $1.9m during the year ending 12/2023. While expenses have increased by 8.2% per year over the past 9 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
TO PROMOTE THE GAME OF SOCCER
Describe the Organization's Program Activity:
Part 3 - Line 4a
YARDLEY MAKEFIELD SOCCER EXISTS TO CREATE A POSITIVE ENVIRONMENT FOR ALL ATHLETES TO IMPROVE AS INDIVIDUALS THROUGH THE SPORT OF SOCCER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Corso Administrato | Officer | 40 | $64,088 |
Jo Adachi Vice Preside | OfficerTrustee | 6 | $0 |
Doug Cierniak Travel Direc | Trustee | 3 | $0 |
Maggie Fisher Director Of | Trustee | 3 | $0 |
Ned Haubein Treasurer | OfficerTrustee | 8 | $0 |
Maureen Mcgroarty Secretary | OfficerTrustee | 8 | $0 |
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 | $680 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $680 |
| Total Program Service Revenue | $2,524,817 |
| Investment income | $18,644 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,544,141 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $58,947 |
| Compensation of current officers, directors, key employees. | $58,947 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $188,662 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,753 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,376 |
| Fees for services: Accounting | $8,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $604,978 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $178,899 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,125 |
| Interest | $41,167 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,125 |
| Insurance | $23,767 |
| All other expenses | $152,320 |
| Total functional expenses | $1,935,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,094,847 |
| 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 | $5,915 |
| Net Land, buildings, and equipment | $1,240,190 |
| Investments—publicly traded securities | $309,110 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,689 |
| Other assets | $80,957 |
| Total assets | $2,735,708 |
| 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 | $553,634 |
| Unsecured mortgages and notes payable | $224,726 |
| Other liabilities | $0 |
| Total liabilities | $778,360 |
| Net assets without donor restrictions | $1,957,348 |
| 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 | $2,735,708 |