NY SOCCER FOR LIFE INCORPORATED

EIN: 933720090 501(c)(3) Recreation & Sports

FRANKLIN SQUARE, NY

Total Revenue
$400
Total Expenses
$469
Total Assets
N/A
Net Assets
N/A
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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
2023
Legal Domicile
NY
Principal Officer
FRANK FRANZI
Phone
5164555062
Tax Period
2024-01-01 to 2024-12-31

NY SOCCER FOR LIFE INCORPORATED, founded in 2023, is a micro nonprofit in the Recreation & Sports sector that reported $400 in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $469 exceeded revenue, resulting in a 17% operating deficit.

Mission

We aim to provide a positive and nurturing environment for soccer players of all levels to develop their soccer ability and human element, with all players having the opportunity to be a club member no matter the socioeconomic situation.

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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 $400
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $400

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $469
TOTAL EXPENSES $469

Year-over-Year Comparison

2024 2023 Change
Revenue $400 $250 +0.6%
Expenses $469 $315 +0.5%
Net Income $-69 $-65 +0.1%
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
3
Independent Members
N/A
Employees
N/A
Volunteers
3

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK FRANZI PRESIDENT 40.00
Officer
$0 $0 $0
MARIA VENUSIO VICE PRESIDENT 40.00
Officer
$0 $0 $0
PETER FRANZI TREASURER 40.00
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
2025 No data No data No data No data
2024 $400 $469 No data $-69
2023 $250 $315 No data $-65
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