DSC UNITED CORP

EIN: 262662271 501(c)(3) Recreation & Sports

TOWNSHIP OF WASHINGTON, NJ

Total Revenue
$355,888
Total Expenses
$320,281
Total Assets
$180,203
Net Assets
$180,203
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NJ
Principal Officer
JAMES SCHEMBARI
Phone
2013586694
Tax Period
2023-01-01 to 2023-12-31

DSC UNITED CORP, founded in 2008, is a small nonprofit in the Recreation & Sports sector that reported $356K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $320K left a modest 10% surplus.

Mission

STATEMENT OF ACTIVITIES & OPERATIONSDSC United Corp is a youth soccer association where the sole purpose of the organization is the development of youth soccer players from the ages of 5 - 19. The organization draws players primarily from two Municipalities in Northern NJ - the Borough of Westwood and The Township of Washington. However, players can join our organization from any neighboring town in NJ or NY for that matter.The primary function of the organization is to provide players and the teams they play on with all the tools and instruction necessary to learn and play the game. That includes, but is not limited to all of the following:"Fields & Field Maintenance"Training & Instruction"Referees"Equipment"Insurance & Safety"Licensing"UniformsFunding for our program comes from two sources - 1) A registration fee that is charged to the parents of every player who registers to play in our program and 2) Fund Raising. 100% of our funding goes into the cost of providing a youth soccer p

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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 (2023)

Revenue Breakdown

Contributions & Grants $345,502
Program Service Revenue $0
Investment Income $54
Other Revenue $10,332
TOTAL REVENUE $355,888

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $310,454
Other Expenses $320,281
TOTAL EXPENSES $320,281

Year-over-Year Comparison

2023 2022 Change
Revenue $355,888 $283,267 +0.3%
Expenses $320,281 $266,784 +0.2%
Net Income $35,607 $16,483 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
15

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEREK JOHNSON President 15.00
Officer
$0 $0 $0
DAN SEVERS Vice President 15.00
Officer
$0 $0 $0
BEN NEBLOCK Vice President 15.00
Officer
$0 $0 $0
JAMES SCHEMBARI Treasurer 15.00
Officer
$0 $0 $0
ERIN COLLINS Secretary 15.00
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
2023 $355,888 $320,281 $180,203 $35,607
2022 $283,267 $266,784 $144,596 $16,483
2021 $254,745 $225,062 $128,113 $29,683
2020 $97,481 $119,227 $98,430 $-21,746
2019 $184,802 $178,250 $120,176 $6,552
2018 $212,257 $214,132 $113,624 $-1,875
2017 $214,538 $200,284 $115,499 $14,254
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