Noreasters Soccer Academy Inc (EIN 992254566) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2024

Legal Domicile

Principal Officer

Alex Lewis

Tax Period

2024-03-26 to 2025-03-25

Noreasters Soccer Academy Inc, founded in 2024, is a small nonprofit in the Recreation & Sports sector that reported $203K in total revenue in fiscal year 2024. The organization ran a surplus of $42K, a strong 21% operating margin.

Mission

The Noreasters Soccer Academy provides a broader pathway to success in soccer for players across South Jersey. Recognizing the pressing need for change within the landscape of youth soccer development the Noreasters Academy aims to bridge the gap in traditional club structures by providing unparalleled opportunities and access to training for all players. Were strategically situating Noreasters Training Centers across our USL territory of South Jersey in Atlantic & Cape May counties Camden & Gloucester counties and Cumberland & Salem counties. As part of the USL system of leagues the Academy starts players on a direct line of development from elite youth soccer to college and beyond.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $184,006

Program Service Revenue $0

Investment Income $0

Other Revenue $18,896

TOTAL REVENUE $202,902

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,983

Program Expenses $128,503

Other Expenses $161,111

TOTAL EXPENSES $161,111

Year-over-Year Comparison

	2024	2023	Change
Revenue	$202,902	N/A	N/A
Expenses	$161,111	N/A	N/A
Net Income	$41,791	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

$22,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alex Lewis	Soccer Operations Director	20.00	Director	$5,000	$0	$5,000
Kevin Nuss	Sporting Director	30.00	Director	$10,500	$0	$10,500
Matt Perrella	Academy Director	30.00	Director	$6,500	$0	$6,500

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	$202,902	$161,111	$41,791	$41,791

Noreasters Soccer Academy Inc