WORLD SOCCER ORGANIZATION INC

EIN: 202735070 501(c)(3) Youth Development

New York, NY

Total Revenue
$334,856
Total Expenses
$326,734
Total Assets
$48,090
Net Assets
$48,090
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NY
Principal Officer
Jaime Arias
Phone
9179405149
Tax Period
2024-01-01 to 2024-12-31

WORLD SOCCER ORGANIZATION INC, founded in 2005, is a small nonprofit in the Youth Development sector that reported $335K in total revenue in fiscal year 2024. Revenue surged 165% from the prior year, signaling strong growth momentum.

Mission

World soccer organization wishes to give the youth community by teaching the technique of soccer to inspire and challenge the players. The organization seeks to use soccer to enrich the lives of children. Our mission statement is to benefit to local community by providing afterschool programs, clinics, tournaments and camps. Our objective is to teach the fundamentals skills of soccer with an emphasis on character development, inspiration and sportsmanship.

Program Service Accomplishments

Program 1
Expenses: $326,734 Revenue: $334,856

World Soccer organization (wso) provides a new service to enhance, assist and grow the sport of soccer in underserved communities. WSO strives to help establish futsal as the selected version of five...

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World Soccer organization (wso) provides a new service to enhance, assist and grow the sport of soccer in underserved communities. WSO strives to help establish futsal as the selected version of five a side soccer in New York. WSO seeks to increase and support participation at every age and ability level by providing all players with the opportunity to be part of soccer clinics, soccer lessons, afterschool programs leagues and tournaments. New York futsal is dedicated to grass root development and growth of the sport of soccer with an emphasis on being a powerful vehicle for social change in communities that are underserved or have limited access to sports programs for their youth. WSO strived to provide an easy and affordable access to quality soccer programs that will support underserved children's physical and personal development.

Program 2
Expenses: $0 Revenue: $0

no second program

Program 3
Expenses: $0 Revenue: $0

There's no 3rd program

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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 $0
Program Service Revenue $334,856
Investment Income $0
Other Revenue $0
TOTAL REVENUE $334,856

Expense Breakdown

Grants Paid $0
Salaries & Benefits $42,000
Fundraising Expenses $0
Program Expenses $326,734
Other Expenses $284,734
TOTAL EXPENSES $326,734

Year-over-Year Comparison

2024 2023 Change
Revenue $334,856 $126,413 +1.6%
Expenses $326,734 $126,942 +1.6%
Net Income $8,122 $-529 -16.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
2

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
1
$21,000
Total Directors
1
$21,000
Key Employees
1
$21,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
jaime arias director 40
Director Key Emp
$21,000 $0 $21,000
Leslie Hamerschlag vice president 40
Officer
$21,000 $0 $21,000
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 $334,856 $326,734 $48,090 $8,122
2023 $126,413 $126,942 $39,968 $-529
2020 $101,834 $150,605 $76,145 $-48,771
2019 $276,922 $117,288 $298,324 $159,634
2018 $179,069 $174,293 $193,148 $4,776
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