VERONA UNITED SOCCER ASSOCIATION INC (EIN 221271029) - 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

1999

Legal Domicile

Principal Officer

HEATHER HEMMER

Phone

8155452008

Tax Period

2021-08-01 to 2022-07-31

VERONA UNITED SOCCER ASSOCIATION INC, founded in 1999, is a small nonprofit in the Recreation & Sports sector that reported $159K in total revenue in fiscal year 2021. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $246K exceeded revenue, resulting in a 55% operating deficit.

Mission

VERONA UNITED SOCCER ASSOC. IS A YOUTH SOCCER ORGANIZATION IN VERONA, NJ. IT'S PURPOSE IS TO PROVIDE TRAINING AND COMPETITIVE OPPORTUNITES IN SOCCER FOR THE YOUTH OF VERONA, NJ.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $159,290

Investment Income $0

Other Revenue $0

TOTAL REVENUE $159,290

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $242,283

Other Expenses $244,400

TOTAL EXPENSES $246,400

Year-over-Year Comparison

	2021	2020	Change
Revenue	$159,290	$259,360	-0.4%
Expenses	$246,400	$175,115	+0.4%
Net Income	$-87,110	$84,245	-2.0%

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

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
JOANNA ALBERTINE	TREAS	3.00	Officer Director	$0	$0	$0
MICHAEL BURKE	PLAYER ADVOC	2.00	Director	$0	$0	$0
TIM DERRICK	AT LARGE	2.00	Director	$0	$0	$0
JENNIFER GUPTA	RECORDING SE	4.00	Officer Director	$0	$0	$0
HEATHER HEMMER	PRESIDENT	8.00	Officer Director	$0	$0	$0
FLORIAN LACOTTE	AT LARGE	2.00	Director	$0	$0	$0
CHRIS LAMBERT	FIELD MANAGE	8.00	Director	$0	$0	$0
MATT LESZYK	TEAM ADMINIS	4.00	Director	$0	$0	$0
JASON NIGRO	AT LARGE	2.00	Director	$0	$0	$0
RUBERT NOGALES	PRIOR PRESID	1.00	Officer Director	$0	$0	$0
ANDREW SANTAMARIA	REGISTRAR	3.00	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
2022	$159,290	$246,400	$157,092	$-87,110
2021	$259,360	$175,115	$121,006	$84,245
2020	$142,924	$162,543	$86,462	$-19,619
2019	$208,615	$211,116	$156,617	$-2,501
2018	$215,146	$201,896	$154,061	$13,250

VERONA UNITED SOCCER ASSOCIATION INC