PLAYERS DEVELOPMENT ACADEMY

EIN: 223598551 501(c)(3) Recreation & Sports

BERNARDSVILLE, NJ

Total Revenue
$7,061,732
Total Expenses
$6,762,433
Total Assets
$7,082,790
Net Assets
$5,264,917
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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
1998
Legal Domicile
NJ
Principal Officer
THOMAS R ANDERSON
Phone
9087666833
Tax Period
2024-01-01 to 2024-12-31

PLAYERS DEVELOPMENT ACADEMY, founded in 1998, is a community nonprofit in the Recreation & Sports sector that reported $7.1M in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $6.8M left a modest 4% surplus.

Mission

THE PLAYERS DEVELOPMENT ACADEMY INC., (PDA) IS A 501(C)3 NON-PROFIT CORPORATION DEDICATED TO THE PROMOTION AND DEVELOPMENT OF YOUTH SOCCER IN NEW JERSEY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,019,428
Program Service Revenue $1,958,487
Investment Income $35,817
Other Revenue $48,000
TOTAL REVENUE $7,061,732

Expense Breakdown

Grants Paid $16,750
Salaries & Benefits $3,086,412
Fundraising Expenses $112,995
Program Expenses $6,101,926
Other Expenses $3,659,271
TOTAL EXPENSES $6,762,433

Year-over-Year Comparison

2024 2023 Change
Revenue $7,061,732 $9,251,516 -0.2%
Expenses $6,762,433 $6,482,295 +0.0%
Net Income $299,299 $2,769,221 -0.9%
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

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Governance

Voting Members
6
Independent Members
6
Employees
91
Volunteers
115

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
1
$0
Total Directors
10
$752,250
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE O'NEILL DIRECTOR OF 40.00
Director
$195,000 $0 $195,000
GERALD MCKEOWN DIRECTOR OF 40.00
Director
$141,667 $0 $141,667
NICK HEINEMANN DIRECTOR OF 40.00
Director
$135,000 $0 $135,000
LAWRENCE HART PROGRAM COOR 40.00
Director
$105,000 $0 $105,000
BRIAN GRAZIER PDA ADMINIST 40.00
Director
$95,583 $0 $95,583
PATRICIA SEITZ SECY/TREASUR 40.00
Director
$80,000 $0 $80,000
ERIC HARRIS BOARD MEMBER 1.00
Director
$0 $0 $0
NIDHI KUMAR BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG ROTATORI BOARD MEMBER 1.00
Director
$0 $0 $0
JIM STAMATIS BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS R ANDERSON PRESIDENT 1.00
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
2024 No data No data No data No data
2024 $7,061,732 $6,762,433 $7,082,790 $299,299
2023 No data No data No data No data
2023 $6,764,244 $6,562,454 $7,755,729 $201,790
2022 $5,812,587 $5,223,566 $7,330,024 $589,021
2021 $5,179,037 $4,803,360 $4,745,667 $375,677
2020 $4,528,645 $4,543,025 $4,384,773 $-14,380
2019 $4,822,671 $5,205,718 $4,257,113 $-383,047
2019 $4,876,797 $5,205,718 $4,311,239 $-328,921
2018 $4,899,912 $5,030,630 $4,979,416 $-130,718
2018 $4,921,212 $5,051,930 $4,916,190 $-130,718
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