LOWER MERION SOCCER CLUB

EIN: 232563955 501(c)(3) Youth Development

BRYN MAWR, PA

Total Revenue
$1,771,686
Total Expenses
$1,642,124
Total Assets
$444,755
Net Assets
$444,755
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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
PA
Principal Officer
MICHELE BURNS
Phone
6106366911
Tax Period
2024-01-01 to 2024-12-31

LOWER MERION SOCCER CLUB, founded in 1989, is a community nonprofit in the Youth Development sector that reported $1.8M in total revenue in fiscal year 2024. Expenses of $1.6M left a modest 7% surplus.

Mission

The two primary objectives of Lower Merion Soccer Club are: To provide each and every child with a fun filled experience in a soccer environment. To develop children's soccer skills and knowledge of the game so that they can play at higher levels of play in future seasons

Program Service Accomplishments

Program 1
Expenses: $1,204,187 Revenue: $1,262,029

The Travel Team Program offers over 50 teams for our more talented and dedicated players ages 8-18. These teams compete against clubs from other areas of Southeastern Pennsylvania and beyond. Lower...

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The Travel Team Program offers over 50 teams for our more talented and dedicated players ages 8-18. These teams compete against clubs from other areas of Southeastern Pennsylvania and beyond. Lower Merion Soccer Club fields up to four teams per age group so that more than just the top level players can have the opportunity to play against other clubs. Some Lower Merion Soccer Club teams have traveled to places such as Dallas, Florida, Phoenix and Sweden. In 2024, over 50 LMSC alumni will be playing at the college level. For families with financial needs Lower Merion Soccer Club provides assistance to travel team players by waving the registration fees. Annually at least 12 families receive this benefit from Lower Merion Soccer Club.

Program 2
Expenses: $178,005 Revenue: $379,386

Programs include the Fall and Spring Intramural Program for children ages 4-14. There are about 1,600 players in this program. For the younger players, it is their first introduction to soccer, they...

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Programs include the Fall and Spring Intramural Program for children ages 4-14. There are about 1,600 players in this program. For the younger players, it is their first introduction to soccer, they are taught the skills of the game by our very experienced coaching staff, with the help of many parent volunteers and referees. Our referees range in age from 11-20 and provide the first opportunity for many youngsters to earn a paycheck and take on the responsibilities of having a part time job. Most of our referees are current or former players in LMSC. There are over 100 referees who work in the Fall Intramural Program. In addition to refereeing games, they help teach the 4 and 5 year old age groups the skills of the game. For families with financial needs Lower Merion Soccer Club provides assistance to intramural players by waving the registration fees. Annually at least 12 families receive this benefit from Lower Merion Soccer Club.

Program 3
Expenses: $40,367 Revenue: $66,696

Lower Merion Soccer Club offers a wide variety of soccer training programs in the summer for intramural players and travel team players. The programs will all be run by our very experienced LMSC...

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Lower Merion Soccer Club offers a wide variety of soccer training programs in the summer for intramural players and travel team players. The programs will all be run by our very experienced LMSC coaching staff. These are NOT recreational programs like our Fall Intramural Program and Spring Intramural Program. Rather, these are programs geared for our more enthusiastic and competitive players who wish to develop their skills to their highest possible levels. One of the primary goals of our Under 6 Training Program and our Under 7 Training Program is to develop our top players for the more competitive Travel Team 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $51,850
Program Service Revenue $1,708,111
Investment Income $11,725
Other Revenue $0
TOTAL REVENUE $1,771,686

Expense Breakdown

Grants Paid $22,125
Salaries & Benefits $555,553
Fundraising Expenses $0
Program Expenses $1,422,559
Other Expenses $1,064,446
TOTAL EXPENSES $1,642,124

Year-over-Year Comparison

2024 2023 Change
Revenue $1,771,686 $1,719,650 +0.0%
Expenses $1,642,124 $1,949,629 -0.2%
Net Income $129,562 $-229,979 -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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Governance

Voting Members
3
Independent Members
2
Employees
17
Volunteers
200

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
3
$114,400
Total Directors
3
$114,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD STURLA PRESIDENT 40.00
Officer Director
$114,400 $0 $114,400
HOWARD BURDE BOARD MEMBER 1.00
Officer Director
$0 $0 $0
ED WEISS BOARD MEMBER 1.00
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
2024 $1,771,686 $1,642,124 $444,755 $129,562
2023 $1,719,650 $1,949,629 $316,074 $-229,979
2022 $1,940,125 $1,949,068 $546,600 $-8,943
2021 $1,675,772 $1,441,191 $659,279 $234,581
2020 $1,204,586 $1,254,584 $324,641 $-49,998
2019 $1,434,583 $1,436,665 $264,230 $-2,082
2018 $1,356,968 $1,420,389 $266,312 $-63,421
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