Lynnfield Youth Soccer Club is located in Lynnfield, MA. The organization was established in 1994. According to its NTEE Classification (O23) the organization is classified as: Boys & Girls Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lynnfield Youth Soccer Club 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 07/2023, Lynnfield Youth Soccer Club generated $182.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $146.7k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
APPROXIMATELY 706 YOUTH PARTICIPATED IN THE FALL 2018 SEASON AND APPROXIMATELY 731 YOUTH PARTICIPATED IN THE SPRING 2019 SEASON. THE PROGRAM IMPROVED PARTICIPANT'S SOCCER SKILLS, TEAMWORK AND SPORTSMANSHIP.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Scenna Director | 1 | $0 | |
Joel Steiner Director | 1 | $0 | |
Daniel Connelly Treasurer | 2 | $0 | |
Guy Lombardo Director | 1 | $0 | |
Amie Geary Director | 1 | $0 | |
Melissa Bocacci Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $182,384 |
| Membership dues | $0 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $182,404 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $570 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $60 |
| Other expenses | $140,331 |
| Total expenses | $146,661 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $249,423 |
| Other assets | $0 |
| Total assets | $263,812 |
| Total liabilities | $83,505 |
| Net assets or fund balances | $180,307 |