Overview
What is Maryland State Youth Soccer Association Inc?
Maryland State Youth Soccer Association Inc, a 501(c)(3) nonprofit based in Glenwood, Maryland, serves as the primary administrator of youth soccer across the state. With a focus on sportsmanship and knowledge of the game, the association encourages affiliate and league membership, offers coaching education courses, and provides opportunities for players to develop, train, and compete. They send out a monthly newsletter, host the annual Maryland State Cup, part of the National Championship Series Tournament, and offer proprietary programs such as the Olympic Development Program and the Regional Training Program. The association's goals include fostering increased recognition and understanding of the game while maximizing education and training for coaches. With 80 employees, they are committed to promoting youth soccer and enhancing the skills of both players and coaches.
Official website here: www.msysa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, earning a Two-Star out of Four Star rating
The Maryland State Youth Soccer Association Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization excels in governance, evidenced by having 100% independent board members, which is a positive sign for oversight and decision-making. However, the lack of financial statements and missing documentation related to document retention and tax forms negatively impacted their overall financial score.
While the program expense ratio is relatively favorable at 59.68%, suggesting that a significant portion of funds is directed towards programs, the absence of detailed financial transparency raises concerns. The organization does have policies in place for conflicts of interest and whistleblower protections, which are essential for maintaining integrity and trust.
Overall, the Maryland State Youth Soccer Association demonstrates strengths in governance and a commitment to its mission, but improvements in financial reporting and transparency are necessary to enhance its rating and build greater public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Maryland State Youth Soccer Association Inc legitimate?
Maryland State Youth Soccer Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland State Youth Soccer Association 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: $853,595
For more financial information, click here
Official website here: www.msysa.org
What is the mission statement of Maryland State Youth Soccer Association Inc?
The Maryland State Youth Soccer Association Inc, as a non-profit organization under Section 501(c)(3) of the Internal Revenue Code, is committed to administering youth soccer across the state. Its mission involves encouraging sportsmanship and fostering a deeper understanding and recognition of the game. The association consistently promotes opportunities for players to develop, train, and compete, while simultaneously maximizing education and training for coaches. Maryland State Youth Soccer Association Inc actively encourages affiliate and league membership, offers coaching education courses and clinics, sends out a monthly newsletter, hosts the annual Maryland State Cup, which is part of the National Championship Series Tournament, and provides proprietary programs such as the Olympic Development Program and the Regional Training Program.
Official website here: www.msysa.org
Who is the CEO of Maryland State Youth Soccer Association Inc?
Greg Smith is the President of Maryland State Youth Soccer Association Inc.
Official website here: www.msysa.org
What is the revenue of Maryland State Youth Soccer Association Inc?
Maryland State Youth Soccer Association Inc's revenue in 2022 was $2,149,672.
Official website here: www.msysa.org
Who are the executives of Maryland State Youth Soccer Association Inc and what are their salaries?
The average compensation at Maryland State Youth Soccer Association Inc during 2022 was $10,670. There are 80 employees at Maryland State Youth Soccer Association Inc.
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Official website here: www.msysa.org
Where can I find the form 990 for Maryland State Youth Soccer Association Inc?
Maryland State Youth Soccer Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.msysa.org
Learn more at the official website: www.msysa.org
Mission Statement of Maryland State Youth Soccer Association Inc
Maryland State Youth Soccer Association Inc, a nonprofit organization exempt under Section 501(C)(3) of the Internal Revenue Code, is devoted to administering youth soccer across the state. Its mission is to encourage sportsmanship and foster a deeper understanding and recognition of the game among young players. The association is committed to promoting opportunities for players to develop, train, and compete, while simultaneously offering comprehensive education and training for coaches. By doing so, Maryland State Youth Soccer Association Inc aims to elevate the overall level of youth soccer in the state, ensuring that both players and coaches are well-equipped to excel in the sport.
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Impact
July, 2024
Maryland State Youth Soccer Association Inc has a significant impact on the youth soccer community in Maryland by administering soccer programs throughout the state. The organization's focus on encouraging sportsmanship, fostering knowledge of the game, and providing opportunities for players to develop and compete has a positive influence on young athletes. Additionally, their coaching education courses and clinics contribute to the growth and professionalism of soccer coaching in the region. By hosting events like the Maryland State Cup and offering programs such as the Olympic Development Program, MSYSA enhances the overall soccer experience for players, coaches, and fans alike.
This information is meant to be a general summary of Maryland State Youth Soccer Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $2,039,420
- Gross Receipts: $2,149,672
Assets and Liabilities:
- Total Assets: $2,011,102
- Total Liabilities: $354,644
- Net Assets: $1,656,458
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OLYMPIC DEVELOPMENT
Revenue
$635,731
PLAYER REGISTRATION
Revenue
$547,315
TOURNAMENT, TRYOUT & D
Revenue
$375,065
OTHER
Revenue
$280,701
COACHING COURSES & CAM
Revenue
$148,629
Organization Details
Founding Year
1976
Phone
(410) 768-5401Principal Officer
Greg Smith
Main Address
3060 MD-97 SUITE 178, GLENWOOD, MD, 21738
Website
www.msysa.orgNTEE Category
Code: N64Z - Recreation
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