FREEHOLD SOCCER LEAGUE 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

2012

Legal Domicile

Principal Officer

BRYAN PATMORE

Phone

7329776855

Tax Period

2024-08-01 to 2025-07-31

FREEHOLD SOCCER LEAGUE INC, founded in 2012, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024.

Mission

TO PROMOTE THE GAME OF SOCCER TO THE FREEHOLD SOCCER COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $945,819 Revenue: $984,391

ORGANIZE AND MONITOR SOCCER LEAGUES FOR BOTH RECREATION AND TRAVEL TEAMS. THE ORGANIZATION ALSO SPONSORS TWO SOCCER TOURNAMENTS

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,884

Program Service Revenue $984,391

Investment Income $3,977

Other Revenue $14,224

TOTAL REVENUE $1,005,476

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $850

Program Expenses $945,819

Other Expenses $1,009,161

TOTAL EXPENSES $1,009,161

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,005,476	$1,050,252	0.0%
Expenses	$1,009,161	$1,047,789	0.0%
Net Income	$-3,685	$2,463	-2.5%

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

300

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
JASON BLUM	TREASURER	15.00	Officer	$0	$0	$0
BRYAN PATMORE	PRESIDENT	15.00	Officer	$0	$0	$0
PAUL PENNISI	VICE PRESIDE	10.00	Officer	$0	$0	$0
CAROL SCHANDALL	SECRETARY	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
2025	$1,005,476	$1,009,161	$416,401	$-3,685
2024	$1,050,252	$1,047,789	$302,168	$2,463
2023	$935,553	$965,392	$302,463	$-29,839
2022	$727,779	$695,778	$270,681	$32,001
2021	$371,955	$358,243	$271,872	$13,712
2020	$34,675	$61,904	$245,205	$-27,229
2019	$224,412	$162,127	$297,088	$62,285
2018	$203,850	$153,730	$238,592	$50,120