SWANSEA-SOMERSET YOUTH SOCCER LEAGUE INC

EIN: 042888637 501(c)(3) Recreation & Sports

FALL RIVER, MA

Total Revenue
$244,152
Total Expenses
$150,547
Total Assets
$636,729
Net Assets
$636,294
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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
1984
Legal Domicile
MA
Principal Officer
JAMES BOUCHARD
Phone
6173350126
Tax Period
2024-02-01 to 2025-01-31

SWANSEA-SOMERSET YOUTH SOCCER LEAGUE INC, founded in 1984, is a small nonprofit in the Recreation & Sports sector that reported $244K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $94K, a strong 38% operating margin.

Mission

TO PROVIDE FALL AND SPRING SOCCER PROGRAMS FOR THE YOUTH IN THE SWANSEA/SOMERSET AREA

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $42,407
Program Service Revenue $181,828
Investment Income $15,827
Other Revenue $4,090
TOTAL REVENUE $244,152

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $112,175
Other Expenses $38,372
TOTAL EXPENSES $150,547

Year-over-Year Comparison

2024 2023 Change
Revenue $244,152 $195,470 +0.2%
Expenses $150,547 $158,801 -0.1%
Net Income $93,605 $36,669 +1.6%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
10

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NONE NONE N/A
$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
2025 $244,152 $150,547 $636,729 $93,605
2024 $195,470 $158,801 $545,822 $36,669
2023 $218,892 $127,013 $509,153 $91,879
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