Overview
What is Long Island Soccer Holdings Inc?
Long Island Soccer Holdings Inc is a nonprofit organization dedicated to establishing a soccer club that fosters educational benefits, promotes fitness, enhances competitive athletic skills, and encourages good sportsmanship and teamwork. By offering assistance to numerous soccer players, this organization aims to improve their skills through various means, such as fitness programs, educational resources, and team-building activities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars
Long Island Soccer Holdings Inc has received a two-star rating on Charity Navigator, indicating a need for improvement in its accountability and financial practices. The overall score of 68% reflects some strengths, such as having a fully independent board, which is essential for governance and oversight. However, significant weaknesses are noted, especially in financial transparency and adherence to best practices, such as the lack of financial statements and a conflict of interest policy.
The organization's financial ratios show a solid liabilities to assets ratio and a strong program expense ratio, indicating that it is effectively utilizing its funds for its intended programs. However, it scores poorly in fundraising efficiency, which raises concerns about its resource generation capabilities. Additionally, the failure to post essential documents like tax forms on its website could hinder transparency and accountability to stakeholders.
To enhance its standing, Long Island Soccer Holdings Inc would benefit from addressing the highlighted deficiencies, particularly in financial reporting and implementing policies that safeguard its operations. By improving these aspects, the organization could boost trust and support from donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Long Island Soccer Holdings Inc legitimate?
Long Island Soccer Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Long Island Soccer Holdings 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
What is the mission statement of Long Island Soccer Holdings Inc?
Long Island Soccer Holdings Inc's mission is to establish a soccer club that encourages educational and fitness benefits, competitive athletic skills, good sportsmanship, and teamwork. The organization aims to create an inclusive environment where players can improve their Soccer skills, fostering a sense of community and camaraderie. Through various programs and activities, Long Island Soccer Holdings Inc helps numerous soccer enthusiasts develop their athletic abilities while promoting positive values such as fair play and teamwork. The company's efforts have assisted hundreds of players in their Soccer journey, fostering a love for the sport and personal growth.
Who is the CEO of Long Island Soccer Holdings Inc?
Peter Zaratin is the President of Long Island Soccer Holdings Inc.
What is the revenue of Long Island Soccer Holdings Inc?
Long Island Soccer Holdings Inc's revenue in 2022 was $561,992.
Who are the executives of Long Island Soccer Holdings Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Long Island Soccer Holdings Inc?
Long Island Soccer Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Long Island Soccer Holdings Inc
Long Island Soccer Holdings Inc, a renowned soccer club, is committed to establishing an all-inclusive soccer environment that fosters educational benefits, promotes physical fitness, enhances competitive athletic skills, encourages good sportsmanship, and cultivates teamwork. The organization's mission is to establish a platform where individuals of all backgrounds can develop their soccer skills, not just through athletic prowess, but also through education and teamwork. By doing so, Long Island Soccer Holdings Inc aims to create a well-rounded and cohesive community, where every participant can reap the benefits of soccer and grow both personally and as a team player. The organization has assisted numerous players in improving their soccer abilities, utilizing a combination of fitness, education, and teamwork as their guiding principles.
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Impact
July, 2024
Long Island Soccer Holdings Inc has had a significant impact on the community by establishing a soccer club that promotes educational and fitness benefits, competitive athletic skills, good sportsmanship, and teamwork. The organization has helped numerous players enhance their soccer skills through a focus on fitness, education, and teamwork. This initiative has not only contributed to the development of athletic abilities but has also fostered important values such as sportsmanship and teamwork among participants. Additionally, by providing a platform for recreation and skill development, Long Island Soccer Holdings Inc has positively influenced the lives of individuals in Glen Cove, NY, and beyond.
This information is meant to be a general summary of Long Island Soccer Holdings 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.
- Gross Receipts: $561,992
Assets and Liabilities:
- Total Assets: $34,458
- Total Liabilities: $9,632
- Net Assets: $24,826
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Organization Details
Founding Year
2017
Phone
(516) 622-3900Principal Officer
Peter Zaratin
Main Address
6 TOWN PATH, GLEN COVE, NY, 11542
NTEE Category
Code: N40 - Recreation
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