LIGHTNING SOCCER INC (EIN 205991178) - 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

2007

Legal Domicile

Principal Officer

CHARLES BARTON

Phone

8026497096

Tax Period

2020-07-01 to 2021-06-30

LIGHTNING SOCCER INC, founded in 2007, is a small nonprofit that reported $327K in total revenue in fiscal year 2020. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $59K, a strong 18% operating margin.

Mission

THE PURPOSE OF LIGHTNING SOCCER, INC IS TO PROVIDE SOCCER PLAYERS THE OPPORTUNITY TO DEVELOP INDIVIDUAL AND TEAM SOCCER SKILLS THROUGH TRAINING AND COMPETITION IN A FUN, HIGH QUALITY SOCCER PROGRAM THAT ENCOURAGES SPORTSMANSHIP AND A LOVE OF THE GAME.

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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 (2020)

Revenue Breakdown

Contributions & Grants $71,210

Program Service Revenue $254,104

Investment Income $142

Other Revenue $1,898

TOTAL REVENUE $327,354

Expense Breakdown

Grants Paid $0

Salaries & Benefits $144,145

Fundraising Expenses $994

Program Expenses $165,593

Other Expenses $124,393

TOTAL EXPENSES $268,538

Year-over-Year Comparison

	2020	2019	Change
Revenue	$327,354	$240,565	+0.4%
Expenses	$268,538	$305,313	-0.1%
Net Income	$58,816	$-64,748	-1.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES BARTON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
KYLE SMITH	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MARK SCHIFFMAN	SECRETARY	2.00	Officer Director	$0	$0	$0
GORDON KOFF	TREASURER	1.00	Officer Director	$0	$0	$0
JENNA MCLAUGHLIN	GENERAL MEMBER	1.00	Director	$0	$0	$0
DOUGLAS KENNEDY	GENERAL MEMBER	1.00	Director	$0	$0	$0
WENDY HALL	GENERAL MEMBER	1.00	Director	$0	$0	$0
RAZVAN MIRICA	GENERAL MEMBER	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
2021	$327,354	$268,538	$264,991	$58,816
2020	$240,565	$305,313	$240,873	$-64,748
2019	$423,171	$424,356	$274,720	$-1,185

LIGHTNING SOCCER INC