STAMFORD YOUTH SOCCER LEAGUE INC C/O POLITI & MAGNIFICO LLC

EIN: 061004370 501(c)(3)

GREENWICH, CT

Total Revenue
$1,141,446
Total Expenses
$963,105
Total Assets
$1,179,570
Net Assets
$1,179,570
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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
1978
Legal Domicile
CT
Principal Officer
FRANK MAGNIFICO
Phone
2034618310
Tax Period
2023-09-01 to 2024-08-31

STAMFORD YOUTH SOCCER LEAGUE INC C/O POLITI & MAGNIFICO LLC, founded in 1978, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $178K, a strong 16% operating margin.

Mission

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.

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,980
Program Service Revenue $1,097,974
Investment Income $28,983
Other Revenue $7,509
TOTAL REVENUE $1,141,446

Expense Breakdown

Grants Paid $0
Salaries & Benefits $77,445
Fundraising Expenses $3,413
Program Expenses $872,604
Other Expenses $885,660
TOTAL EXPENSES $963,105

Year-over-Year Comparison

2023 2022 Change
Revenue $1,141,446 $944,089 +0.2%
Expenses $963,105 $747,729 +0.3%
Net Income $178,341 $196,360 -0.1%
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
9
Independent Members
8
Employees
1
Volunteers
30

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
3
$0
Total Directors
9
$71,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB PEPI EXECUTIVE DI 40.00
Director
$71,500 $0 $71,500
YADHIRA ASTACIO SECRETARY 3.00
Officer Director
$0 $0 $0
SCOTT HERCKIS ASST-TREASUR 5.00
Director
$0 $0 $0
ERIC LINASK PRESIDENT 5.00
Officer Director
$0 $0 $0
FRANK MAGNIFICO TREASURER 5.00
Officer Director
$0 $0 $0
FERGUS SMAIL BOARD MEMBER 5.00
Director
$0 $0 $0
GENEVIEVE SMAIL BOARD MEMBER 5.00
Director
$0 $0 $0
PAUL TRAVAGLINO BOARD MEMBER 3.00
Director
$0 $0 $0
BARRY WAHREN BOARD MEMBER 5.00
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 $1,141,446 $963,105 $1,179,570 $178,341
2023 $944,089 $747,729 $1,001,229 $196,360
2022 $786,280 $612,338 $814,284 $173,942
2021 $657,876 $564,255 $701,822 $93,621
2020 $452,660 $476,197 $581,295 $-23,537
2019 $769,137 $740,071 $586,888 $29,066
2018 $741,752 $794,943 $550,952 $-53,191
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