ELIZABETH YOUTH SOCCER INC

EIN: 273853797 501(c)(3) Recreation & Sports

ELIZABETH, NJ

Total Revenue
$156,365
Total Expenses
$160,288
Total Assets
$129,380
Net Assets
$129,380
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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NJ
Principal Officer
CARLOS BASTOS
Phone
9737152015
Tax Period
2022-10-01 to 2023-09-30

ELIZABETH YOUTH SOCCER INC, founded in 2010, is a small nonprofit in the Recreation & Sports sector that reported $156K in total revenue in fiscal year 2022. Revenue decreased 14% compared to the prior year.

Mission

TO PROVIDE AN ORGANIZED SOCCER PROGRAM FOR THE YOUTH OF ELIZABETH YOUTH SOCCER, INC., TO PROMOTE, STIMULATE AND EXPAND PUBLIC INTEREST AND UNDERSTANDING OF THE SOCCER IN THE GREATER UNION COUNTY AREA AND IN THE STATE OF NEW JERSEY. THE CORPORATION SPECIFICALLY WISHES TO ENCOURAGE ALL THE INDIVIDUALS REGARDLESS OF THE SEX, RACE, COLOR, CREED, RELIGION, OR NATIONAL ORIGIN TO PARTICIPATE IN THE PROGRAMS, FUNCTIONS AND ACTIVITIES OF THE CORPORATION. IN PROVIDING THIS PROGRAM AND OPPORTUNITY FOR YOUNG PEOPLE TO PARTICIPATE IN SPORTS, THE CORPORATION SHALL FURTHER THE PUBLIC INTEREST IN YOUTH SPORTS AND SPECIFICALLY SOCCER, AND SHALL ALSO HELP TO PROMOTE POSITIVE SOCIAL VALUES, PHYSICAL FITNESS, AND COMBAT JUVENILE DELINQUENCY.

Program Service Accomplishments

Program 1
Expenses: $160,288

THE PURPOSE OF THE TEAMS AND THE SEASON IS TO PLAY THE GAME OF SOCCER. THE GAME PROMOTES PLAYER SELF-ESTEEM, TEAMWORK, RESPONSIBILITY, ATHLETICISM, CONDITIONING, SELF-RELIANCE AND CHARACTER...

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THE PURPOSE OF THE TEAMS AND THE SEASON IS TO PLAY THE GAME OF SOCCER. THE GAME PROMOTES PLAYER SELF-ESTEEM, TEAMWORK, RESPONSIBILITY, ATHLETICISM, CONDITIONING, SELF-RELIANCE AND CHARACTER. AUDITIONS: EACH TEAM HAS A COACH, AN ASSISTANT COACH, AND SOMETIMES A TRAINER. THE TEAMS SELECT A MANGER, WHO ADMINISTERS THE TEAM CALENDAR, FIELDS, MAPS, UNIFORMS, REGISTRATION AND CLUB INFORMATION. PRACTICES: THE TEAMS PRACTICE TWO HOURS, TWO TO THREE TIMES PER WEEK. PRACTICES INCLUDE COACHING AND DRILLS REGARDING STRATEGY, FOOT-SKILLS, RUNNING, DEFENSE, CLOSING AND TEAMWORK. TOURNAMENTS: TOURNAMENTS ALLOW THE TEAMS TO USE THE SKILLS THEY HAVE HONED DURING PRACTICES. TEAMS FROM NJ, NY, PA & CT TYPICALLY ENTER THE TOURNAMENTS WHICH TYPICALLY LAST 2 4 DAYS. THE TOURNAMENTS SEASON RUNS FROM SEPTEMBER THROUGH JULY. REGULAR SEASON: THE REGULAR SOCCER SEASON, IS BROKEN INTO FALL AND SPRING SEASON. FALL RUNS FROM SEPTEMBER TO NOVEMBER. SPRING RUNS FROM MARCH TO JUNE. EACH SEASON CONSISTS OF 10 SCHEDULED GAMES AGAINST OTHER CLUBS IN NEW JERSEY, WHICH ARE ADMINISTERED BY MID-NEW JERSEY SOCCER ASSOCIATION OR AN EQUIVALENT LEAGUE. STATE CUPS: THE STATE CUPS, WHICH ARE ADMINISTERED BY THE MID-NEW JERSEY SOCCER ASSOCIATION, PROVIDE THE CULMINATION OF THE YEARS EFFORTS. TEAMS VIE FOR FIRST PLACE IN THEIR AGE BRACKET BEGINNING IN SEPTEMBER TO NOVEMBER FOR AGE GROUPS U 11 TO U14, APRIL/MAY TO JUNE FOR AGE GROUPS U15 TO U18. ACTUAL FUND RAISING: THE CLUB OBTAINS SUPPORT THROUGH THE SOLICITATION OF INTEREST IN YOUTH SPORTS, COMPETITION, SOCCER EXCELLENCE, PHYSICAL FITNESS, AND POSITIVE SOCIAL VALUES. THE FUNDS COME FROM RELATIVES OF PARTICIPATING CHILDREN AS WELL AS INDIVIDUALS, BUSINESSES AND ORGANIZATIONS THAT ARE INTERESTED IN ADVANCING YOUTH SOCCER. CONTRIBUTIONS IN THE SUPPORT OF THE CLUBS ACTIVITIES ARE PROMOTED THROUGH THE USE OF MAILINGS, THE CLUBS WEBSITE, AND WORD-OF-MOUTH. PLANNED FUND RAISING: THE CLUB TYPICALLY WILL HAVE TWO TO THREE FUNDRAISING EVENTS A YEAR. THE SELLING OF CHOCOLATES BY EACH PLAYER MEMBER IS CONDUCTED ONCE A YEAR. TYPICALLY THERE ARE ONE TO TWO DINNER EVENTS TO RAISE FUNDS FOR ADDITIONAL TOURNAMENT COSTS. UPON SCHEDULING THE EVENT, EACH PLAYER MEMBERS AS WELL AS FAMILY MEMBERS ARE INVITED TO PARTICIPATE IN SUCH EVENT. WHEN FAMILY MEMBERS ACCEPT TO ATTEND AND PARTICIPATE IN THE EVENT, A PERCENTAGE OF THE REVENUE RECEIVED FROM THE CHOCOLATES SALE AND WELL AS DINNER EVENT WILL BE CREDITED TO AN ACCOUNT MAINTAINED FOR THE BENEFIT OF THE CLUB.

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Trantor Score

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $156,365
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $156,365

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $160,288
Other Expenses $160,288
TOTAL EXPENSES $160,288

Year-over-Year Comparison

2022 2021 Change
Revenue $156,365 $181,032 -0.1%
Expenses $160,288 $209,436 -0.2%
Net Income $-3,923 $-28,404 -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
8
Independent Members
8
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANABELA ANTUNES SECRETARY N/A
Officer Director
$0 $0 $0
CARLOS BASTOS PRESIDENT N/A
Officer Director
$0 $0 $0
ISABEL BASTOS TRUSTEE N/A
Director
$0 $0 $0
MARIA Z CARVALHO VICE PRESIDE N/A
Officer Director
$0 $0 $0
ROSA NEVES DIRECTOR OF N/A
Director
$0 $0 $0
LUISA PIRES TREASURER N/A
Officer Director
$0 $0 $0
MICHAEL SILVA DIR OF REC S N/A
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 No data No data No data No data
2023 $156,365 $160,288 $129,380 $-3,923
2022 $181,032 $209,436 $133,303 $-28,404
2021 $138,956 $166,661 $161,707 $-27,705
2020 $87,629 $81,523 $189,412 $6,106
2019 $144,762 $157,532 $183,306 $-12,770
2018 $164,427 $137,533 $196,076 $26,894
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