LONG ISLAND YOUTH SPORTS INC

EIN: 205453390 501(c)(3) Recreation & Sports

PLAINVIEW, NY

Total Revenue
$414,286
Total Expenses
$421,081
Total Assets
$168,749
Net Assets
$67,083
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
NY
Principal Officer
ROBERT GLASSMAN
Phone
5168700040
Tax Period
2024-08-01 to 2025-07-31

LONG ISLAND YOUTH SPORTS INC, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $414K in total revenue in fiscal year 2024.

Mission

PROVIDE AMATEUR SPORTS PROGRAMS FOR YOUTH WITHIN THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $399,069 Revenue: $409,998

THE SPORTS PROGRAM CONTINUED WITH FLAG FOOTBALL, SOCCER AND T-BALL, WITH OVER 1,700 CHILDREN PARTICIPATING.

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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 $409,998
Investment Income $3,240
Other Revenue $1,048
TOTAL REVENUE $414,286

Expense Breakdown

Grants Paid $0
Salaries & Benefits $180,003
Fundraising Expenses $0
Program Expenses $399,069
Other Expenses $241,078
TOTAL EXPENSES $421,081

Year-over-Year Comparison

2024 2023 Change
Revenue $414,286 $416,424 0.0%
Expenses $421,081 $427,245 0.0%
Net Income $-6,795 $-10,821 -0.4%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
7
Volunteers
150

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
$139,500
Total Directors
3
$139,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT GLASSMAN PRESIDENT 35.00
Officer Director
$69,750 $0 $69,750
SCOTT GLASSMAN VICE PRESIDE 35.00
Officer Director
$69,750 $0 $69,750
LISA GOLDFARB SECRETARY 2.00
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
2025 $414,286 $421,081 $168,749 $-6,795
2024 $416,424 $427,245 $167,889 $-10,821
2023 $345,460 $344,343 $167,062 $1,117
2022 $325,974 $328,007 $166,236 $-2,033
2021 $235,679 $263,034 $184,966 $-27,355
2020 $205,456 $232,147 $159,274 $-26,691
2019 $242,232 $223,328 $57,727 $18,904
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