SOCCER FOR LIFE INC

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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

2019

Legal Domicile

Principal Officer

WILCO RAVESTIJN

Phone

2146822037

Tax Period

2023-01-01 to 2023-12-31

SOCCER FOR LIFE INC, founded in 2019, is a small nonprofit in the Recreation & Sports sector that reported $623K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $550K left a modest 12% surplus.

Mission

A SOCCER CLUB FOR AMATEUR, NATIONAL, AND INTERNATIONAL COMPETITION.

Program Service Accomplishments

Program 1

Expenses: $417,294 Revenue: $621,102

SOCCER FOR LIFE IS DEDICATED TO TEACHING KIDS THE FUNDAMENTAL SKILLS OF THE GAME WHILE PROMOTING THE VALUES OF CONFIDENCE, CHARACTER AND SELF-ESTEEM THAT WILL SERVE THEM FOR A LIFETIME. DURING THE...

SOCCER FOR LIFE IS DEDICATED TO TEACHING KIDS THE FUNDAMENTAL SKILLS OF THE GAME WHILE PROMOTING THE VALUES OF CONFIDENCE, CHARACTER AND SELF-ESTEEM THAT WILL SERVE THEM FOR A LIFETIME. DURING THE YEAR, THE NONPROFIT FOUND A FIELD TO USE FOR GAMES/PRACTICE. LANDSCAPING AND LIGHTING IMPROVEMENTS WERE MADE TO MAKE THE FIELD SUITABLE FOR ITS USE.

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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 $1,636

Program Service Revenue $621,102

Investment Income $0

Other Revenue $0

TOTAL REVENUE $622,738

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $460

Program Expenses $417,294

Other Expenses $549,564

TOTAL EXPENSES $549,564

Year-over-Year Comparison

	2023	2022	Change
Revenue	$622,738	$520,325	+0.2%
Expenses	$549,564	$446,704	+0.2%
Net Income	$73,174	$73,621	0.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILCO RAVESTIJN	PRESIDENT	5.00	Director	$0	$0	$0
MARY K RAVESTIJN	VICE-PRESIDENT	5.00	Director	$0	$0	$0
JAN SORELLE	DIRECTOR	5.00	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	$622,738	$549,564	$247,825	$73,174
2022	$520,325	$446,704	$182,340	$73,621