PARSIPPANY SOCCER CLUB INC (EIN 222203326) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

ROBERT BIRTH

Phone

2019192422

Tax Period

2024-06-01 to 2025-05-31

PARSIPPANY SOCCER CLUB INC, founded in 1973, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 3% surplus.

Mission

PARSIPPANY SOCCER CLUB, INC. WAS ESTABLISHED AS A NOT-FOR-PROFIT ORGANIZATION WHOSE MISSION IS TO DEVELOP, PROMOTE, AND GOVERN THE GAME OF SOCCER WITHIN THE TOWNSHIP OF PARSIPPANY-TROY HILLS, NEW JERSEY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,043

Program Service Revenue $1,398,610

Investment Income $588

Other Revenue $2,560

TOTAL REVENUE $1,420,801

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,286,441

Other Expenses $1,372,250

TOTAL EXPENSES $1,377,250

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,420,801	$1,137,372	+0.2%
Expenses	$1,377,250	$1,063,415	+0.3%
Net Income	$43,551	$73,957	-0.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
ROBERT BIRTH	PRESIDENT	2.00	Officer	$0	$0	$0
LUCA LAUCIRELLA	VICE PRESIDENT - INTRAMURAL	2.00	Officer	$0	$0	$0
SHARIF SAMSUDIN	VICE PRESIDENT - TRAVEL	2.00	Officer	$0	$0	$0
ROBERT PELUSO	VICE PRESIDENT - FINANCE	2.00	Officer	$0	$0	$0
MIKE KELLS	VICE PRESIDENT - PURCHASING	2.00	Officer	$0	$0	$0
ANDREW LADAS	VICE PRESIDENT - FACILITIES	2.00	Officer	$0	$0	$0
KIM KELLEY	TREASURER	2.00	Officer	$0	$0	$0
GORDON ATSUNYO	SECRETARY	2.00	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	$1,420,801	$1,377,250	$1,520,673	$43,551
2024	$1,137,372	$1,063,415	$1,518,758	$73,957
2023	$1,197,951	$1,150,423	$1,340,892	$47,528
2023	$1,194,098	$1,148,036	$1,381,460	$46,062
2022	$1,294,288	$1,069,898	$1,244,637	$224,390
2021	$1,141,157	$980,934	$1,047,639	$160,223
2020	$1,234,226	$1,204,421	$747,949	$29,805
2019	$1,235,953	$1,254,814	$784,846	$-18,861
2018	$1,342,770	$1,395,448	$778,945	$-52,678

PARSIPPANY SOCCER CLUB INC