MARYLAND SOCCER FOUNDATION INC

EIN: 522076282 501(c)(3) Youth Development

BOYDS, MD

Total Revenue
$6,878,809
Total Expenses
$6,172,638
Total Assets
$15,385,949
Net Assets
$13,049,865
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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
1998
Legal Domicile
MD
Principal Officer
MATT LIBBER
Phone
3015281480
Tax Period
2024-01-01 to 2024-12-31

MARYLAND SOCCER FOUNDATION INC, founded in 1998, is a community nonprofit in the Youth Development sector that reported $6.9M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $6.2M left a modest 10% surplus.

Mission

OPERATION OF SOCCER COMPLEX FOR THE USE OF AREA YOUTH

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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 $596,550
Program Service Revenue $6,019,292
Investment Income $95,708
Other Revenue $167,259
TOTAL REVENUE $6,878,809

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,354,672
Fundraising Expenses $1,370
Program Expenses $5,695,985
Other Expenses $3,817,966
TOTAL EXPENSES $6,172,638

Year-over-Year Comparison

2024 2023 Change
Revenue $6,878,809 $5,772,619 +0.2%
Expenses $6,172,638 $5,662,003 +0.1%
Net Income $706,171 $110,616 +5.4%
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

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Governance

Voting Members
12
Independent Members
12
Employees
151
Volunteers
382

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
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY SALOMON MEMBER 0.00
Director
$0 $0 $0
BRENT HANSON MEMBER 0.00
Director
$0 $0 $0
JOYCE FUHRMANN PRESIDENT 0.00
Officer Director
$0 $0 $0
CHARLES WASHINGTON MEMBER 0.00
Director
$0 $0 $0
LINDA SCHUGAR MEMBER 0.00
Director
$0 $0 $0
VJ MAYOR MEMBER 0.00
Director
$0 $0 $0
JULIUS ROBINSON MEMBER 0.00
Director
$0 $0 $0
GIOVANNA WOOD MEMBER 0.00
Director
$0 $0 $0
DANIEL LOPEZ-MENDEZ MEMBER 0.00
Director
$0 $0 $0
JIM MCGUIRE MEMBER 0.00
Director
$0 $0 $0
GREGG WILLHAUCK SECRETARY 0.00
Officer Director
$0 $0 $0
DAVID DESALLE MEMBER 0.00
Director
$0 $0 $0
TODD DUNDA TREASURER 0.00
Officer Director
$0 $0 $0
MATTHEW LIBBER EXECUTIVE DIRECTOR 40.00
Highest
$186,803 $3,736 $190,539
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 $6,878,809 $6,172,638 $15,385,949 $706,171
2023 $5,772,619 $5,662,003 $15,481,665 $110,616
2022 $5,793,318 $5,378,803 $15,653,481 $414,515
2021 $5,386,323 $4,710,820 $16,325,043 $675,503
2020 $2,008,864 $3,735,495 $16,647,980 $-1,726,631
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