GRAYSLAKE GALAXY SOCCER CLUB INC (EIN 364468367) - Form 990 Financial Analysis & Trantor Score

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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

2005

Legal Domicile

Principal Officer

RICHARD ARMOUR

Phone

8477144639

Tax Period

2023-08-01 to 2024-07-31

GRAYSLAKE GALAXY SOCCER CLUB INC, founded in 2005, is a small nonprofit in the Recreation & Sports sector that reported $835K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $753K left a modest 10% surplus.

Mission

TO TRAIN, EDUCATE AND DEVELOP YOUTH SOCCER TEAMS WITH SKILLS, KNOWLEDGE AND GOOD SPORTSMANSHIP, WHEN PLAYING THE GAME OF SOCCER.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $781,625

Investment Income $12,748

Other Revenue $40,777

TOTAL REVENUE $835,150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $229,002

Fundraising Expenses $0

Program Expenses $720,674

Other Expenses $524,080

TOTAL EXPENSES $753,082

Year-over-Year Comparison

	2023	2022	Change
Revenue	$835,150	$600,217	+0.4%
Expenses	$753,082	$691,497	+0.1%
Net Income	$82,068	$-91,280	-1.9%

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

Governance

Voting Members

Independent Members

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

$5,574

Total Directors

$7,860

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD ARMOUR	PRESIDENT	2.00	Officer Director	$5,574	$0	$5,574
DAN SACKMAN	TREASURER	2.00	Officer Director	$0	$0	$0
JEN PEYROT	CLUB ADMINISTRATOR	1.00	Director	$240	$0	$240
ROB ERICKSON	BOYS ADMINISTRATOR	1.00	Director	$680	$0	$680
ANNE SOPIARZ	GIRLS ADMINISTRATOR	1.00	Director	$1,366	$0	$1,366

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	$835,150	$753,082	$708,379	$82,068
2023	$600,217	$691,497	$610,054	$-91,280
2022	$689,235	$617,652	$691,582	$71,583
2021	$782,538	$578,760	$619,999	$203,778
2020	$547,373	$501,006	$460,821	$46,367
2019	$613,738	$560,826	$369,854	$52,912
2018	$550,275	$491,739	$316,942	$58,536

GRAYSLAKE GALAXY SOCCER CLUB INC