Massachusetts Youth Soccer Association Incorporated
- Assets
- $13.8m
- Revenue
- $6.0m
- Investments
- $1.5m
- Employees
- 179
- Location
- Lancaster, MA
- Founding
- 06/1978
- Data as of
- 10/2023
- EIN
- 04-2627953
Organization Overview
Massachusetts Youth Soccer Association Incorporated is located in Lancaster, MA. The organization was established in 1978. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. As of 10/2023, Massachusetts Youth Soccer Association Incorporated employed 179 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Youth Soccer Association Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2023, Massachusetts Youth Soccer Association Incorporated generated $6.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $4.4m during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III LINE 1 PAGE 2 FOR THE MISSION STATEMENT AND BRIEF DESCRIPTION OF ACTIVITIES.
Describe the Organization's Program Activity:
TO PROMOTE THE GAME OF SOCCER BY PROVIDING FINANCIAL, TECHNICAL AND EDUCATIONAL SERVICES AND MATERIALS; PROVIDE YOUTHS WITH INSTRUCTION AND COMPETITIVE GAME EXPERIENCE TO FURTHER THE KNOWLEDGE AND ABILITIES OF COACHES AND YOUTHS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Amidon President | OfficerTrustee | 1 | $13,125 |
Thomas Ringler Treasurer | OfficerTrustee | 1 | $0 |
Caryn Goulet Executive Vice President | OfficerTrustee | 1 | $0 |
David Boloz Director | Trustee | 1 | $4,765 |
Jeffrey Chambers Director | Trustee | 1 | $0 |
David Dalrymple Director | Trustee | 1 | $40,174 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,547,033 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $164,444 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,711,477 |
| Total Program Service Revenue | $2,078,518 |
| Investment income | $81,693 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$52,373 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $21,370 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,965,950 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,295 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $239,521 |
| Compensation of current officers, directors, key employees. | $239,521 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,528,845 |
| Pension plan accruals and contributions | $35,152 |
| Other employee benefits | $120,467 |
| Payroll taxes | $151,282 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $43,393 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $49,442 |
| Office expenses | $4,203 |
| Information technology | $46,789 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $173,901 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $185,926 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $250,508 |
| Insurance | $275,512 |
| All other expenses | $792,647 |
| Total functional expenses | $4,370,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,283,165 |
| Savings and temporary cash investments | $257,044 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,318,329 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $200,760 |
| Net Land, buildings, and equipment | $6,233,186 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,505,360 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,067 |
| Total assets | $13,825,911 |
| Accounts payable and accrued expenses | $496,036 |
| Grants payable | $0 |
| Deferred revenue | $2,334,436 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,583,633 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $80,617 |
| Total liabilities | $8,494,722 |
| Net assets without donor restrictions | $5,289,304 |
| Net assets with donor restrictions | $41,885 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,825,911 |