BEACHSIDE OF CONNECTICUT SOCCER CLUB INC (EIN 061596515) - 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

2002

Legal Domicile

Principal Officer

MICKEY KYDES

Phone

2038526969

Tax Period

2023-01-01 to 2023-12-31

BEACHSIDE OF CONNECTICUT SOCCER CLUB INC, founded in 2002, is a community nonprofit in the Recreation & Sports sector that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 8% surplus.

Mission

BEACHSIDE OF CONNECTICUT SOCCER CLUB, INC ORGANIZES TEAMS FOR YOUNG SOCCER PLAYERS, PROVIDING QUALIFIED COACHING AND MANAGEMENT FOR THEM, ARRANGES APPROPRIATE COMPETITION AND PLAYING AND TRAINING FACILITIES FOR THEM.

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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 $82,648

Program Service Revenue $1,061,357

Investment Income $28,404

Other Revenue $-6,035

TOTAL REVENUE $1,166,374

Expense Breakdown

Grants Paid $0

Salaries & Benefits $195,672

Fundraising Expenses $10,924

Program Expenses $1,003,396

Other Expenses $874,507

TOTAL EXPENSES $1,070,179

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,166,374	$984,660	+0.2%
Expenses	$1,070,179	$1,008,476	+0.1%
Net Income	$96,195	$-23,816	-5.0%

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

$195,672

Total Directors

$195,672

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL MELITSANOPOLOUS	VICE PRESIDE	4.00	Officer Director	$102,209	$0	$102,209
MICKEY KYDES	PRESIDENT	20.00	Officer Director	$93,463	$0	$93,463
RICHARD BIRNS	TREASURER	4.00	Officer Director	$0	$0	$0
ANNA BOREA	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN COUGHLIN	DIRECTOR	1.00	Director	$0	$0	$0
MARK LUGRIS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID TROFA	DIRECTOR	1.00	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	$1,166,374	$1,070,179	$870,521	$96,195
2022	$984,660	$1,008,476	$852,805	$-23,816
2021	$1,223,427	$931,066	$790,268	$292,361
2020	$393,166	$783,535	$682,773	$-390,369
2019	$1,031,493	$1,075,230	$875,233	$-43,737
2018	$1,138,202	$1,170,442	$1,039,340	$-32,240

BEACHSIDE OF CONNECTICUT SOCCER CLUB INC