CINNAMINSON SOCCER CLUB INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

Sean Keenan

Phone

6096316193

Tax Period

2023-01-01 to 2023-12-31

CINNAMINSON SOCCER CLUB INC, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $391K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 16% operating margin.

Mission

Our goal is to provide each player the opportunity to develop a solid foundation of soccer skills while playing in a fun environment for boys and girls, starting at age 4. They will enjoy playing the sport of soccer at both competitive travel and recreational in-town levels.

Program Service Accomplishments

Program 1

Expenses: $322,284 Revenue: $390,761

Organize and operate youth soccer teams and tournaments. Organization successfully trains and provides league teams and tournament teams for South Jersey Soccer Leagues and regional soccer...

Organize and operate youth soccer teams and tournaments. Organization successfully trains and provides league teams and tournament teams for South Jersey Soccer Leagues and regional soccer tournaments. The organization also host a large regional annual soccer tournament on Thanksgiving Weeken.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $384,806

Investment Income $2

Other Revenue $5,953

TOTAL REVENUE $390,761

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $322,284

Other Expenses $325,652

TOTAL EXPENSES $327,652

Year-over-Year Comparison

	2023	2022	Change
Revenue	$390,761	$295,218	+0.3%
Expenses	$327,652	$302,899	+0.1%
Net Income	$63,109	$-7,681	-9.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mike Platenecky	Commissioner	015.00	Officer Director	$0	$0	$0
Phil Duba	Director of Player Development	010.00	Director	$0	$0	$0
Melissa Abu-Adas	Secretary	010.00	Officer Director	$0	$0	$0
Sean Keenan	Treasurer	010.00	Officer Director	$0	$0	$0
Colleen Massott	Equipment Director	005.00	Director	$0	$0	$0
Michael Hughes	Field Director	005.00	Director	$0	$0	$0
Caitlin Latko	Tournament Chair	015.00	Director	$0	$0	$0
Andrea Dewey	Sponsorship Director	005.00	Director	$0	$0	$0
Dan Guinan	SJ Girls League Rep	005.00	Director	$0	$0	$0
Michael Minutola	SJ Boys League Rep	005.00	Director	$0	$0	$0
Ralph Elias	Director of Referees	005.00	Director	$0	$0	$0
Dan Eckard	Friendship Director	N/A	Director	$0	$0	$0
Vas Dias	Junior Girls	N/A	Director	$0	$0	$0
Vacant	Junior Boys	005.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$390,761	$327,652	$100,788	$63,109
2022	$295,218	$302,899	$37,679	$-7,681
2021	$242,903	$273,788	$45,360	$-30,885
2020	$119,457	$155,004	$76,245	$-35,547
2019	$209,629	$211,943	$117,705	$-2,314
2018	$230,999	$219,576	$120,019	$11,423