MANHASSET 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

2000

Legal Domicile

Principal Officer

CONCETTA SLANEY

Tax Period

2023-01-01 to 2023-12-31

MANHASSET SOCCER CLUB INC, founded in 2000, is a small nonprofit in the Recreation & Sports sector that reported $570K in total revenue in fiscal year 2023. Expenses of $487K left a modest 15% surplus.

Mission

PROVIDE INSTRUCTIONAL AND PLAY OF SOCKER TO CHILDREN IN THE MANHASSET AREA

Program Service Accomplishments

Program 1

Expenses: $487,265 Revenue: $570,380

PROVIDE GENERAL INSTRUCTION IN THE SPORT OF SOCCER FOR CHILDREN WITHIN THE MANHASSET NEW YORK 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $570,380

Investment Income $0

Other Revenue $0

TOTAL REVENUE $570,380

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $487,265

Other Expenses $487,265

TOTAL EXPENSES $487,265

Year-over-Year Comparison

	2023	2022	Change
Revenue	$570,380	N/A	N/A
Expenses	$487,265	N/A	N/A
Net Income	$83,115	N/A	N/A

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

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
ROBIN HELD	SECRETARY	10.00	Officer	$0	$0	$0
MICHELLE OCONNOR	REGISTRAR	10.00	Officer	$0	$0	$0
GUS KALARGIROS	TREAS	10.00	Officer	$0	$0	$0
CONCETTA SLANEY	PRESIDENT	10.00	Officer	$0	$0	$0
GLENN SMITH	VICE PRESIDENT	10.00	Officer	$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
2023	$570,380	$487,265	$83,115	$83,115
2022	$424,717	$390,016	$143,817	$34,701
2021	$494,543	$410,295	$107,096	$84,248
2020	$228,647	$224,257	$64,737	$4,390
2019	$387,939	$443,709	$47,818	$-55,770