Franklin Youth Soccer Association Inc (EIN 043067893) - Form 990 Financial Analysis & Trantor Score

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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

1979

Legal Domicile

Principal Officer

Bjorn Dragsbaek

Tax Period

2023-01-01 to 2023-12-31

Franklin Youth Soccer Association Inc, founded in 1979, is a small nonprofit in the Recreation & Sports sector that reported $428K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $383K left a modest 10% surplus.

Mission

To govern, conduct, promote and encourage the play of youth soccer in Franklin, MA

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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 $10,308

Program Service Revenue $407,330

Investment Income $41

Other Revenue $10,291

TOTAL REVENUE $427,970

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,072

Fundraising Expenses $0

Program Expenses $357,075

Other Expenses $353,176

TOTAL EXPENSES $383,248

Year-over-Year Comparison

	2023	2022	Change
Revenue	$427,970	$381,281	+0.1%
Expenses	$383,248	$390,750	0.0%
Net Income	$44,722	$-9,469	-5.7%

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

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
Matt OKeefe	Director	5.00	Director	$0	$0	$0
Barry Regan	Director	5.00	Director	$0	$0	$0
Evan Chelman	Director	2.00	Director	$0	$0	$0
Rich Frongillo	Director Emeritus	5.00	Director	$0	$0	$0
Christopher Lynch	Director	2.00	Director	$0	$0	$0
Edward Harrington	Treasurer	10.00	Officer Director	$0	$0	$0
Bjorn Dragsbaek	President	10.00	Officer Director	$0	$0	$0
John Viola	Secretary	10.00	Officer Director	$0	$0	$0
Jodi Klein	VP Director	5.00	Officer 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	$427,970	$383,248	$215,424	$44,722
2022	$386,281	$390,750	$159,788	$-4,469
2021	$405,177	$345,494	$164,180	$59,683
2020	$296,331	$280,369	$103,785	$15,962
2019	$363,665	$354,942	$88,263	$8,723
2018	$351,603	$333,700	$79,540	$17,903

Franklin Youth Soccer Association Inc