LAWRENCE HAMNETT SOCCER ASSOCIATION

🔒

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

1995

Legal Domicile

Principal Officer

ERNEST CERONE

Phone

6099120703

Tax Period

2023-01-01 to 2023-12-31

LAWRENCE HAMNETT SOCCER ASSOCIATION, founded in 1995, is a small nonprofit in the Recreation & Sports sector that reported $241K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $206K left a modest 14% surplus.

Mission

PROMOTE SOCCER TO YOUTH.

Program Service Accomplishments

Program 1

Expenses: $205,531

THE LAWRENCE HAMNETT SOCCER ASSOCIATION RECREATIONAL PROGRAM INTRODUCES BOYS AND GIRLS TO SOCCER. IT'S GOAL IS TO INCREASE SKILL LEVELS AND APPRECIATION FOR THE GAME OF SOCCER IN A POSITIVE...

THE LAWRENCE HAMNETT SOCCER ASSOCIATION RECREATIONAL PROGRAM INTRODUCES BOYS AND GIRLS TO SOCCER. IT'S GOAL IS TO INCREASE SKILL LEVELS AND APPRECIATION FOR THE GAME OF SOCCER IN A POSITIVE ENVIRONMENT.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,113

Program Service Revenue $0

Investment Income $100

Other Revenue $239,916

TOTAL REVENUE $241,129

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $205,531

Other Expenses $206,166

TOTAL EXPENSES $206,166

Year-over-Year Comparison

	2023	2022	Change
Revenue	$241,129	$177,959	+0.4%
Expenses	$206,166	$184,091	+0.1%
Net Income	$34,963	$-6,132	-6.7%

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

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
KIRK LECOMPTE	TRUSTEE	N/A	Director	$0	$0	$0
MATT MONETTI	TRUSTEE	N/A	Director	$0	$0	$0
GREGG ROBB	TRUSTEE	N/A	Director	$0	$0	$0
KAY BIDLE	VP COMPETITI	N/A	Officer	$0	$0	$0
ERNEST CERONE	TREASURER	N/A	Officer	$0	$0	$0
RICO SCARDELLETTI	PRESIDENT	N/A	Officer	$0	$0	$0
DAN SPITERI	V.P. OF RECR	N/A	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
2024	No data	No data	No data	No data
2023	$241,129	$206,166	$214,438	$34,963
2022	$177,959	$184,091	$166,227	$-6,132
2021	$187,616	$217,730	$180,731	$-30,114
2020	$129,729	$131,938	$211,751	$-2,209
2019	$196,534	$196,311	$214,082	$223
2018	$189,735	$177,600	$213,859	$12,135