TENAFLY LEAGUE SOCCER & YOUTH 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

1993

Legal Domicile

Principal Officer

ZVI ALBERT

Phone

2019813292

Tax Period

2023-08-01 to 2024-07-31

TENAFLY LEAGUE SOCCER & YOUTH INC, founded in 1993, is a small nonprofit in the Recreation & Sports sector that reported $209K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $322K exceeded revenue, resulting in a 54% operating deficit.

Mission

THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF PROMOTING THE RECREATIONAL ENJOYMENT OF THE SPORT OF SOCCER BY OUR YOUTH.

Program Service Accomplishments

Program 1

YOUNG CHILDREN IN TENAFLY, NJ ARE TRAINED BY PROFESSIONAL TRAINERS ON HOW TO PLAY SOCCER. THEY COMPETE AGAINST OTHER SOCCER TEAMS IN VARIOUS AGE CLASSIFICATIONS. APPROX. 500 YOUTHS ARE IN THE PROGRAM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $209,070

Investment Income $5

Other Revenue $0

TOTAL REVENUE $209,075

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $320,662

Other Expenses $321,762

TOTAL EXPENSES $321,762

Year-over-Year Comparison

	2023	2022	Change
Revenue	$209,075	$421,265	-0.5%
Expenses	$321,762	$259,954	+0.2%
Net Income	$-112,687	$161,311	-1.7%

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

N/A

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
ALEJANDRO GONZALEZ LAZZERI	PRESIDENT	5.00	Officer	$0	$0	$0
ZVI ALBERT	TREASURER	5.00	Officer	$0	$0	$0
JULIAN ALDECO	VOTING MEMBER	5.00	Officer	$0	$0	$0
SHAKEEL RANGREZ	VOTING MEMBER	5.00	Officer	$0	$0	$0
KATE MARTINELLI	VOTING MEMBER	10.00	Officer	$0	$0	$0
JENNIFER DEMORAES	VOTING MEMBER	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	No data	No data	No data	No data
2024	$209,075	$321,762	$217,413	$-112,687
2023	$421,265	$259,954	$330,100	$161,311
2022	$265,663	$226,108	$168,789	$39,555
2021	$234,586	$219,472	$129,235	$15,114
2020	$15	$152,351	$114,121	$-152,336
2019	$250,003	$260,954	$266,457	$-10,951