Parsippany Soccer Club Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222203326 ✦ Parsippany, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Parsippany Soccer Club Inc?

Parsippany Soccer Club Inc, established as a not-for-profit organization, is situated in Parsippany, New Jersey. Its primary goal is to foster the sport of soccer among children and young adults, aged between 7 and 20. The club provides three levels of play, namely intramural, travel, and the Super Y programs, catering to approximately 1500 participants annually. By doing so, Parsippany Soccer Club Inc aims to promote and govern soccer within the Parsippany-Troy Hills township, thus contributing to the local community's sports culture.


Official website here: www.parsippanysoccerclub.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating.

Parsippany Soccer Club Inc has achieved an impressive 96% rating, reflecting its strong commitment to accountability and financial transparency. This rating is based entirely on the organization's performance in Accountability & Finance, indicating high standards in how it manages its resources. The club's exemplary governance, with 100% independent board members and robust financial oversight practices, contributes significantly to its positive score.

The organization demonstrates efficiency in its operations, with a program expense ratio of 92.44%, meaning that a substantial portion of its expenses directly supports its mission. Financial practices such as maintaining a low liabilities to assets ratio of 26.03% highlight its stability and responsible management of funds. The presence of well-defined policies, including those for conflict of interest and whistleblower protection, further underscores its commitment to ethical governance.

Despite these strengths, the rating is primarily focused on financial aspects, and while the club excels in these areas, additional information regarding its programmatic impact or community engagement initiatives would provide a more comprehensive view of its overall effectiveness. Nonetheless, Parsippany Soccer Club Inc stands out as a financially responsible nonprofit committed to serving its community effectively.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Parsippany Soccer Club Inc?

Currently, the Parsippany Soccer Club Inc has not accumulated a significant number of reviews, with only two ratings available. However, one glowing review notes that the program offers great coaching and has been a positive experience for families involved.

The reviewer expressed satisfaction with the club, highlighting that their three children are actively playing and that they have plans for another child to join in the future. Their long-term commitment of four years indicates a strong level of contentment with the club's offerings.

In summary, the sentiment surrounding the Parsippany Soccer Club is positive, pointing to a solid soccer program and effective coaching that keeps families engaged for the long haul.


This AI summary has been generated from reviews found on Facebook.

Is Parsippany Soccer Club Inc legitimate?

Parsippany Soccer Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parsippany Soccer Club Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.parsippanysoccerclub.org

What is the mission statement of Parsippany Soccer Club Inc?

The Parsippany Soccer Club Inc., established as a not-for-profit organization, is dedicated to promoting and governing the sport of soccer. Its mission is to provide an environment where children and young adults, between the ages of 7 and 20, can continue learning and playing soccer. The club offers various levels of play, including intramural, travel, and the Super Y programs, catering to approximately 1500 participants annually.


Official website here: www.parsippanysoccerclub.org

Who is the CEO of Parsippany Soccer Club Inc?

Robert Peluso is the Vice President - Facilitie of Parsippany Soccer Club Inc.


Official website here: www.parsippanysoccerclub.org

What is the revenue of Parsippany Soccer Club Inc?

Parsippany Soccer Club Inc's revenue in 2022 was $1,294,288.


Official website here: www.parsippanysoccerclub.org

Who are the executives of Parsippany Soccer Club Inc and what are their salaries?

There 130 volunteers at Parsippany Soccer Club Inc.


Here are 8 key members and their salaries:


Chris Brown (Vice President - Facilitie)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Ladas (Vice President - Intramura)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Birth (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Kelley (Vice President - Purchasin)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Zalewski (Vice President - Travel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angelika Bamert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Kells (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharif Shamsudin (Registrar)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.parsippanysoccerclub.org

Where can I find the form 990 for Parsippany Soccer Club Inc?

Parsippany Soccer Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.parsippanysoccerclub.org

Learn more at the official website: www.parsippanysoccerclub.org

Mission Statement of Parsippany Soccer Club Inc

Parsippany Soccer Club Inc, a not-for-profit organization, is committed to fostering the growth and governance of soccer within its community. The club's mission is to provide an environment where children and young adults, ranging from 7 to 20 years old, can continue to hone their soccer skills. Parsippany Soccer Club offers three levels of play, including intramural, travel, and the Super Y programs, catering to approximately 1500 children annually. By participating in these programs, these young individuals have the opportunity to enhance their understanding and appreciation for the sport of soccer.

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Impact




October, 2024

Parsippany Soccer Club Inc. significantly enriches the community of Parsippany-Troy Hills, New Jersey, by fostering the development of soccer among children and young adults aged 7 to 20. The club provides a structured environment where approximately 1,500 young athletes can learn and enhance their soccer skills.

By offering three distinct levels of play—intramural, travel, and the Super Y program—the club accommodates varying skill levels and encourages participation from a diverse range of players. This inclusivity not only promotes physical health but also teaches valuable life skills such as teamwork, discipline, and sportsmanship.

The club's commitment to developing and governing the game of soccer ensures that the sport continues to thrive in the community, creating a vibrant culture around youth athletics. As a result, Parsippany Soccer Club Inc. plays a vital role in shaping both the physical and social development of young individuals, contributing to their overall growth and well-being.




This information is meant to be a general summary of Parsippany Soccer Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,294,288 (2022)
201120122013201420152016201720182019202020212022$0$350k$700k$1.05M$1.4M
Expenses
$1,069,898 (2022)
201120122013201420152016201720182019202020212022$0$350k$700k$1.05M$1.4M
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $397
  • Program Service Revenue: $1,244,966
  • Gross Receipts: $1,294,288

Assets and Liabilities:

  • Total Assets: $1,244,637
  • Total Liabilities: $300,395
  • Net Assets: $944,242

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REGISTRATION FEES

Revenue

$1,244,966

Organization Details

Founding Year

1973

Principal Officer

Robert Peluso

Main Address

PO BOX 212, PARSIPPANY, NJ, 07054

NTEE Category

Code: N64 - Recreation

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