Overview
What is Wyckoff Torpedoes Soccer Club?
Wyckoff Torpedoes Soccer Club is a nonprofit organization based in Wyckoff, New Jersey, with a postal address at PO Box 252. Their primary mission is to offer youth the chance to advance their soccer skills by participating in organized leagues and traveling tournaments. To achieve this goal, they cover various expenses such as equipment costs, training and education, league and tournament fees, and referee fees. The club aims to provide a nurturing environment for young soccer enthusiasts, fostering their talent and passion for the game.
Official website here: www.torpedoessc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 69%)
The Wyckoff Torpedoes Soccer Club has received a Two-Star rating from Charity Navigator, indicating a need for improvement in various accountability and finance aspects. The organization scores particularly well in its program expense ratio, reflecting a commitment to directing funds towards its programs. However, it falls short in critical areas such as having missing financial statements, a conflict of interest policy, and a whistleblower policy.
Strengths of the organization include a fully independent board and a good liability to asset ratio, showcasing financial stability. The independent board is comprised of 100% independent members, which suggests a commitment to governance and oversight. Nonetheless, the absence of several key policies and documentation indicates potential areas for risk management and transparency that need to be addressed.
The lack of financial transparency, evidenced by missing financial statements and policies, detracts from the organization's overall rating. For stakeholders and potential donors, these gaps may raise questions regarding accountability. The Wyckoff Torpedoes Soccer Club should prioritize developing and implementing the necessary policies to improve its financial practices and overall ratings in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Wyckoff Torpedoes Soccer Club legitimate?
Wyckoff Torpedoes Soccer Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wyckoff Torpedoes Soccer Club 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:
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For more financial information, click here
Official website here: www.torpedoessc.com
What is the mission statement of Wyckoff Torpedoes Soccer Club?
The Wyckoff Torpedoes Soccer Club's mission is to offer young individuals an opportunity to elevate their soccer skills by participating in organized leagues and competing in travel tournaments. This club aims to provide a platform where they can hone their talents, learn, and grow as athletes. The club's activities may include managing equipment costs, offering training and education sessions, and covering league and tournament fees, as well as referee fees.
Official website here: www.torpedoessc.com
Who is the CEO of Wyckoff Torpedoes Soccer Club?
Matt Leone is the President of Wyckoff Torpedoes Soccer Club.
Official website here: www.torpedoessc.com
What is the revenue of Wyckoff Torpedoes Soccer Club?
Wyckoff Torpedoes Soccer Club's revenue in 2023 was $590,285.
Official website here: www.torpedoessc.com
Who are the executives of Wyckoff Torpedoes Soccer Club and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.torpedoessc.com
Where can I find the form 990 for Wyckoff Torpedoes Soccer Club?
Wyckoff Torpedoes Soccer Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.torpedoessc.com
Learn more at the official website: www.torpedoessc.com
Mission Statement of Wyckoff Torpedoes Soccer Club
Wyckoff Torpedoes Soccer Club is an organization that dedicates its mission to offering young individuals the chance to excel in soccer beyond the recreational level. By participating in organized leagues and traveling tournaments, these youth can enhance their skills and gain valuable experiences. The club's purpose is to provide them with this opportunity, thereby fostering their growth both on and off the field. To achieve this mission, Wyckoff Torpedoes Soccer Club covers various expenses, including equipment costs, training and education, league and tournament fees, and referee fees. By offering such support, the club enables young soccer enthusiasts to focus on their passion and development, ultimately providing them with a memorable and enriching experience.
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Impact
July, 2024
Wyckoff Torpedoes Soccer Club's impact is seen in the opportunities it provides for youth to play soccer at a higher level in an organized league and participate in travel tournaments. The club covers various costs such as equipment, training, education, league fees, and referee fees, ensuring that young athletes have the resources they need to develop their skills and compete in a competitive environment. By offering these opportunities, Wyckoff Torpedoes Soccer Club helps young players hone their talents, build teamwork skills, and foster a love for the sport.
This information is meant to be a general summary of Wyckoff Torpedoes Soccer Club. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$10,499
- Gross Receipts: $609,047
Assets and Liabilities:
- Total Assets: $943,398
- Total Liabilities: $367,511
- Net Assets: $575,887
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Organization Details
Founding Year
1974
Phone
(917) 331-0421Principal Officer
Matt Leone
Main Address
PO BOX 252, WYCKOFF, NJ, 07481
Website
www.torpedoessc.comNTEE Category
Code: N64 - Recreation
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