WATCHUNG HILLS SOCCER ASSOCIATION INC

EIN: 223719302 501(c)(3) Recreation & Sports

MARTINSVILLE, NJ

Total Revenue
$544,174
Total Expenses
$713,243
Total Assets
$419,296
Net Assets
$419,296
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NJ
Principal Officer
LINDA BOSCO
Phone
9087530677
Tax Period
2023-07-01 to 2024-06-30

WATCHUNG HILLS SOCCER ASSOCIATION INC, founded in 2000, is a small nonprofit in the Recreation & Sports sector that reported $544K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $713K exceeded revenue, resulting in a 31% operating deficit.

Mission

TO DEVELOP, PROMOTE, AND REGULATE THE SPORT OF SOCCER FOR YOUTH UNDER THE AGE OF 19 YEARS OLD WITHIN THE WARREN, WATCHUNG, GREENBROOK AND LONG HILL TOWNSHIPS IN ORDER TO PROMOTE AND INSTILL GOOD SPORTMANSHIP AND FACILITATE AN ONGOING EDUCATION PROCESS FOR PLAYER AND PARENTS.

Program Service Accomplishments

Program 1
Expenses: $196,009 Revenue: $180,740

THE RECREATIONAL PROGRAM PROMOTES SOCCER TO ALL YOUTH, REGARDLESS OF SKILL LEVEL. TO TEACH AND DEVELOP SKILLS AND FOSTER ENJOYMENT OF THE SPORT. RECREATION GROUP PROGRAMS WILL OPERATE IN THREE...

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THE RECREATIONAL PROGRAM PROMOTES SOCCER TO ALL YOUTH, REGARDLESS OF SKILL LEVEL. TO TEACH AND DEVELOP SKILLS AND FOSTER ENJOYMENT OF THE SPORT. RECREATION GROUP PROGRAMS WILL OPERATE IN THREE DISTINCT SEASONS, FALL OUTDOOR, WINTER INDOOR AND SPRING OUTDOOR. THE PRUPOSE OF THE RCREATION GROUPS IS TO PROVIDE ANY CHILD WITH AN INTEREST IN THE SPORT OF SOCCER THE OPPORTUNITY TO PARTICIPATE. THE FOCUS IS ON SKILL DEVELOPEMENT AND ENJOYMENT OF THE SPORT. THERE IS NO TRYOUT FOR THIS PROGRAM AND TEAMS WILL BE DRAFTED UNDER THE DIRECTION OF THE RECREATION COORDINATOR. IT IS THE INTENT OF THIS PROGRAM TO DIVIDE THE PLAYERS DQUALLY BOTH BY AGE AND ANY PRIOR PLAYING EXPERIENCE AND TO CREATE BALANCED TEAMS.

Program 2
Expenses: $489,216 Revenue: $556,439

THE TRAVEL PROGRAM FOSTERS STATE-WIDE COMPETITION FOR SKILLED OR TALENTED PLAYERS. THE TRAVEL PROGRAM WILL OPERATE DURING ONE YEAR FROM SEPTEMBER TO JUNE. THE YEAR WILL BE BROKEN DOWN DOWN TO A FALL...

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THE TRAVEL PROGRAM FOSTERS STATE-WIDE COMPETITION FOR SKILLED OR TALENTED PLAYERS. THE TRAVEL PROGRAM WILL OPERATE DURING ONE YEAR FROM SEPTEMBER TO JUNE. THE YEAR WILL BE BROKEN DOWN DOWN TO A FALL AND SPRING SEASON. THE PURPOSE OF THE TRAVEL PROGRAM IS TO PROVIDE ANY CHILD WITH AN INTEREST IN PARTICIPATING IN A HIGHER COMPETITIVE LEVEL OF SOCCER THE OPPORTUNITY TO DO SO. THERE IS TRYOUT FOR THIS PROGRAM AND THE TEAMS WILL BE SELECTED ON AGE AND ABILITY. IT IS THE INTENT OF THIS PROGRAM TO DIVIDE THE PLAYERS BOTH BY AGE AND ABILITY IN CREATING COMPETITIVE TEAMS. SPONSOSHIP FOR TEAMS IS NOT ALLOWED. HIGH SCHOOL PROGRAM PROMOTES SOCCER TO ALL YOUTH OF HIGH SCHOOL AGE, REGARDLESS OF SKILL LEVEL.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,845
Program Service Revenue $524,787
Investment Income $15,225
Other Revenue $2,317
TOTAL REVENUE $544,174

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $13,101
Fundraising Expenses $0
Program Expenses $685,225
Other Expenses $699,142
TOTAL EXPENSES $713,243

Year-over-Year Comparison

2023 2022 Change
Revenue $544,174 $695,433 -0.2%
Expenses $713,243 $783,329 -0.1%
Net Income $-169,069 $-87,896 +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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Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
20

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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY BALKONIS SECRETARY 10.00
Officer
$0 $0 $0
HAL BELLOVIN TRAVEL COORD 10.00
Officer
$0 $0 $0
LINDA BOSCO TREASURER 15.00
Officer
$0 $0 $0
GIACOMO COCCHIARA FACILITIES 10.00
Officer
$0 $0 $0
ANNA MOHALLIM PRESIDENT 10.00
Officer
$0 $0 $0
JOHN SCHACCHITANO VICE PRESIDE 10.00
Officer
$0 $0 $0
LESLEE SINGH RECREATION C 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
2025 No data No data No data No data
2024 $544,174 $713,243 $419,296 $-169,069
2023 $695,433 $783,329 $588,389 $-87,896
2022 $705,374 $662,555 $678,256 $42,819
2021 $632,071 $508,104 $633,466 $123,967
2020 $241,207 $407,662 $509,499 $-166,455
2019 $920,171 $1,117,142 $675,954 $-196,971
2018 $1,367,479 $1,144,899 $992,319 $222,580
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