TWIN COUNTY SOCCER ASSOCIATION INC (EIN 223292285) - 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

1993

Legal Domicile

Phone

9177164529

Tax Period

2022-09-01 to 2023-08-31

TWIN COUNTY SOCCER ASSOCIATION INC, founded in 1993, is a small nonprofit in the Recreation & Sports sector that reported $203K in total revenue in fiscal year 2022. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $192K left a modest 6% surplus.

Mission

PROVIDE A YOUTH SOCCER 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 (2022)

Revenue Breakdown

Contributions & Grants $87,695

Program Service Revenue $112,910

Investment Income $17

Other Revenue $2,644

TOTAL REVENUE $203,266

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,736

Fundraising Expenses $0

Program Expenses $184,013

Other Expenses $172,986

TOTAL EXPENSES $191,722

Year-over-Year Comparison

	2022	2021	Change
Revenue	$203,266	$184,872	+0.1%
Expenses	$191,722	$202,908	-0.1%
Net Income	$11,544	$-18,036	-1.6%

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

$4,038

Total Directors

$4,038

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN MUSSEL	VICE PRES	10.00	Officer Director	$2,238	$0	$2,238
PAUL W PHILIPS	2ND VICE PRES	10.00	Officer Director	$1,800	$0	$1,800
PAUL PALLANTE	President	10.00	Officer Director	$0	$0	$0
MAT THOMPSON	Secretary	10.00	Officer Director	$0	$0	$0
COSMO OCCHIOGROSSO	Treasurer	10.00	Officer Director	$0	$0	$0
CHRIS WAGNER	3RD VICE PRES	10.00	Officer Director	$0	$0	$0
DAVE BALDWIN	SARGENT AT ARMS	10.00	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
2023	$203,266	$191,722	$106,791	$11,544
2022	$184,872	$202,908	$95,247	$-18,036
2021	$225,813	$222,259	$113,283	$3,554
2019	$206,309	$213,374	$124,133	$-7,065
2018	$224,590	$254,527	$131,198	$-29,937

TWIN COUNTY SOCCER ASSOCIATION INC