Civic Intelligence

Stamford Youth Soccer League Inc C/O David Deluca

EIN 06-1004370 • 501(c)3 • Greenwich, CT

Profile

Provide an opportunity for youth ages 4-19 of all experience and skill levels to play soccer and teach the importance of teamwork, sportsmanship, and discipline.

5 Edgewood Avenue 3rd FlrGreenwich, CT 06830

www.stamfordsoccer.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

68th percentile

16%

Higher net margin than 68% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$71,500

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

77th percentile

18%

Faster asset growth than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

21%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,179,570

Up $178,341 (+18%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,179,570

Up $178,341 (+18%) from 2023

Revenue

Up

$1,141,446

Up $197,357 (+21%) from 2023

Expenses

Up

$963,105

Up $215,376 (+29%) from 2023

Net Income

Down

$178,341

Down $18,019 (-9.2%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $327,748Liabilities 2010: $1,793Net Assets 2010: $325,9552010Assets 2011: $421,399Liabilities 2011: $2,119Net Assets 2011: $419,2802011Assets 2012: $451,921Liabilities 2012: $1,503Net Assets 2012: $450,4182012Assets 2013: $448,956Liabilities 2013: $1,336Net Assets 2013: $447,6202013Assets 2014: $484,848Liabilities 2014: $1,383Net Assets 2014: $483,4652014Assets 2015: $529,247Liabilities 2015: $3,976Net Assets 2015: $525,2712015Assets 2016: $650,855Liabilities 2016: $7,287Net Assets 2016: $643,5682016Assets 2017: $618,034Liabilities 2017: $0Net Assets 2017: $618,0342017Assets 2018: $550,952Liabilities 2018: $0Net Assets 2018: $550,9522018Assets 2019: $586,888Liabilities 2019: $1,528Net Assets 2019: $585,3602019Assets 2020: $581,295Liabilities 2020: $13,615Net Assets 2020: $567,6802020Assets 2021: $701,822Liabilities 2021: $14,212Net Assets 2021: $687,6102021Assets 2022: $814,284Liabilities 2022: $0Net Assets 2022: $814,2842022Assets 2023: $1,001,229Liabilities 2023: $0Net Assets 2023: $1,001,2292023Assets 2024: $1,179,570Liabilities 2024: $0Net Assets 2024: $1,179,5702024

Highlighted filing

2024

Assets$1,179,570
Liabilities$0
Net Assets$1,179,570

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $472,820Expenses 2010: $415,190Net Income 2010: $57,6302010Expenses 2011: $394,7722011Expenses 2012: $456,1742012Revenue 2013: $453,559Expenses 2013: $462,847Net Income 2013: -$9,2882013Revenue 2014: $516,603Expenses 2014: $501,328Net Income 2014: $15,2752014Revenue 2015: $603,400Expenses 2015: $542,499Net Income 2015: $60,9012015Revenue 2016: $735,132Expenses 2016: $603,194Net Income 2016: $131,9382016Revenue 2017: $725,206Expenses 2017: $744,651Net Income 2017: -$19,4452017Revenue 2018: $741,752Expenses 2018: $794,943Net Income 2018: -$53,1912018Revenue 2019: $769,137Expenses 2019: $740,071Net Income 2019: $29,0662019Revenue 2020: $452,660Expenses 2020: $476,197Net Income 2020: -$23,5372020Revenue 2021: $657,876Expenses 2021: $564,255Net Income 2021: $93,6212021Revenue 2022: $786,280Expenses 2022: $612,338Net Income 2022: $173,9422022Revenue 2023: $944,089Expenses 2023: $747,729Net Income 2023: $196,3602023Revenue 2024: $1,141,446Expenses 2024: $963,105Net Income 2024: $178,3412024

Highlighted filing

2024

Revenue$1,141,446
Expenses$963,105
Net Income$178,341

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$1.14$0.96$0.18
2023Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.94$0.75$0.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.00$0.81$0.79$0.61$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.01$0.69$0.66$0.56$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.01$0.57$0.45$0.48$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.00$0.59$0.77$0.74$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.74$0.79$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.62$0.73$0.74$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.01$0.64$0.74$0.60$0.13
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.00$0.53$0.60$0.54$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.52$0.50$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.00$0.45$0.45$0.46$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.00$0.45$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.00$0.42$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.00$0.33$0.47$0.42$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jan 27, 2025
Return Version
2023v6.0
Gross Receipts
$1,468,366
Mission and Program Overview

Mission

Provide an opportunity for youth ages 4-19 of all experience and skill levels to play soccer and teach the importance of teamwork, sportsmanship, and discipline.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$669,436$1,179,570▲ $510,134
Investments in Publicly Traded Securities$320,148--
Total Assets$1,001,229$1,179,570▲ $178,341
Other Assets Total$11,645--
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,001,229$1,179,570▲ $178,341
Total Net Assets Fund Balance$1,001,229$1,179,570▲ $178,341
Total Liabilities and Net Assets / Fund Balance$1,001,229$1,179,570▲ $178,341

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$48,318$48,318
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bob PepiExecutive DiFT$71,500$71,500

Board Members and Trustees

NameTitle
Eric LinaskPresident
Barry WahrenBoard Member
Fergus SmailBoard Member
Genevieve SmailBoard Member
Paul TravaglinoBoard Member
Scott HerckisAsst-treasur
Yadhira AstacioSecretary
Frank MagnificoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Quality Touch Soccer AcademyTraining & Inst240 SEATON ROAD UNIT 2, Stamford, CT 06902$308,340
Crocodile Elite Soccer Academy LLCTraining & Inst44 OLD COLONY ROAD, Stamford, CT 06907$203,622
Revenue and Support

Revenue Composition

Contributions and Grants
$6,980
Program Service Revenue
$1,097,974
Investment Income
$28,983
Other Revenue
$7,509
All Other Contributions
$6,980
Change in Net Assets
$178,341
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$885,660
Salaries, Compensation, and Employee Benefits$77,445
Total Fundraising Expense$3,413
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$680,774$5,586$153$686,513
Current Officers, Directors, Trustees, and Key Employees$42,185$27,885$1,430$71,500
Other Expenses$18,948$12,525$642$32,115
All Other Expenses$9,944$1,238$64$11,246
Information Technology$2,339$6,831$187$9,357
Office Expenses$2,052$5,991$164$8,207
Payroll Taxes$3,507$2,319$119$5,945
Insurance$312$843-$1,155
Advertising$81$237$7$325
Interest$51$149$4$204
Total Functional Expenses$872,604$87,088$3,413$963,105
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Return is reviewed by the organizations president and access to 990 is offered to entire board.

Form 990, Page 6, Part VI, Line 15A

The compensation committee reviews the executive director's current compen sation, his responsibilities and performance in the past year and whether he has met the stated goals. The committee reviews compensation for simila r positions at similar-sized organizations. In addition, some committee me mbers have relationships with other leagues around the state and we use th

Form 990, Page 6, Part VI, Line 19

The organization's 990 is available on guidestar.org and other similar typ es of websites. The organization makes its governing documents available t o the public by providing copies upon request.

Filing and Contact Details

Filer

Filer Name
Stamford Youth Soccer League Inc
EIN
06-1004370
Phone
2034618310
Address
5 EDGEWOOD AVENUE 3RD FLR, GREENWICH, CT 06830

Signing Officer

Name
Frank Magnifico
Title
Treasurer
Phone
2038694560
Signed
2025-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Magnifico
Formed
1978
Legal Domicile
Ct
Voting Board Members
9
Independent Board Members
8
Employees
1
Volunteers
30

Preparer

Firm
Politi & Magnifico LLC
Address
5 EDGEWOOD AVE, GREENWICH, CT 06830
Preparer
Wilfredo Arbieto-lopez CPA
Phone
2038694560
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

For over 30 years the non-profit stamford youth soccer league has provided an opportunity to play soccer for youth between the ages of 4-19. Our goal is to create an atmosphere within which children of all ability levels can learn the game of soccer as well as important life skills of sportsmanship, teamwork and discipline. The level of competition ranges from "first touch" to the u-18 premier leagues. Currently, there are 3 soccer programs being run which are the house league, travel teams division and indoor league. The house league program accepts all children regardless of skill level or previous experience held during autumn and spring. Travel teams division is for players who achieve a high level of play enough to award him or her a place on a travel team held also in spring and fall. Last is the indoor league which are held during the winter months. Children from both the house and travel teams are encouraged to participate in the indoor league.

Form 990, Part IX, Line 11G

Audit & tax service 1,375 4,015 110 payroll processing fees 538 1,571 43 program instructors & trainer 570,848 0 0 referee expense 108,013 0 0 total 680,774 5,586 153

Raw XML AppendixShowing 400 of 417 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0FOR OVER 30 YEARS THE NON-PROFIT STAMFORD YOUTH SOCCER LEAGUE HAS PROVIDED AN OPPORTUNITY TO PLAY SOCCER FOR YOUTH BETWEEN THE AGES OF 4-19. OUR GOAL IS TO CREATE AN ATMOSPHERE WITHIN WHICH CHILDREN OF ALL ABILITY LEVELS CAN LEARN THE GAME OF SOCCER AS WELL AS IMPORTANT LIFE SKILLS OF SPORTSMANSHIP, TEAMWORK AND DISCIPLINE. THE LEVEL OF COMPETITION RANGES FROM "FIRST TOUCH" TO THE U-18 PREMIER LEAGUES. CURRENTLY, THERE ARE 3 SOCCER PROGRAMS BEING RUN WHICH ARE THE HOUSE LEAGUE, TRAVEL TEAMS DIVISION AND INDOOR LEAGUE. THE HOUSE LEAGUE PROGRAM ACCEPTS ALL CHILDREN REGARDLESS OF SKILL LEVEL OR PREVIOUS EXPERIENCE HELD DURING AUTUMN AND SPRING. TRAVEL TEAMS DIVISION IS FOR PLAYERS WHO ACHIEVE A HIGH LEVEL OF PLAY ENOUGH TO AWARD HIM OR HER A PLACE ON A TRAVEL TEAM HELD ALSO IN SPRING AND FALL. LAST IS THE INDOOR LEAGUE WHICH ARE HELD DURING THE WINTER MONTHS. CHILDREN FROM BOTH THE HOUSE AND TRAVEL TEAMS ARE ENCOURAGED TO PARTICIPATE IN THE INDOOR LEAGUE.
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IRS990/MissionDesc0PROVIDE AN OPPORTUNITY FOR YOUTH AGES 4-19 OF ALL EXPERIENCE AND SKILL LEVELS TO PLAY SOCCER AND TEACH THE IMPORTANCE OF TEAMWORK, SPORTSMANSHIP, AND DISCIPLINE.
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IRS990/PrincipalOfficerNm0FRANK MAGNIFICO
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOR OVER 30 YEARS THE NON-PROFIT STAMFORD YOUTH SOCCER LEAGUE HAS PROVIDED AN OPPORTUNITY TO PLAY SOCCER FOR YOUTH BETWEEN THE AGES OF 4-19. OUR GOAL IS TO CREATE AN ATMOSPHERE WITHIN WHICH CHILDREN OF ALL ABILITY LEVELS CAN LEARN THE GAME OF SOCCER AS WELL AS IMPORTANT LIFE SKILLS OF SPORTSMANSHIP, TEAMWORK AND DISCIPLINE. THE LEVEL OF COMPETITION RANGES FROM "FIRST TOUCH" TO THE U-18 PREMIER LEAGUES. CURRENTLY, THERE ARE 3 SOCCER PROGRAMS BEING RUN WHICH ARE THE HOUSE LEAGUE, TRAVEL TEAMS DIVISION AND INDOOR LEAGUE. THE HOUSE LEAGUE PROGRAM ACCEPTS ALL CHILDREN REGARDLESS OF SKILL LEVEL OR PREVIOUS EXPERIENCE HELD DURING AUTUMN AND SPRING. TRAVEL TEAMS DIVISION IS FOR PLAYERS WHO ACHIEVE A HIGH LEVEL OF PLAY ENOUGH TO AWARD HIM OR HER A PLACE ON A TRAVEL TEAM HELD ALSO IN SPRING AND FALL. LAST IS THE INDOOR LEAGUE WHICH ARE HELD DURING THE WINTER MONTHS. CHILDREN FROM BOTH THE HOUSE AND TRAVEL TEAMS ARE ENCOURAGED TO PARTICIPATE IN THE INDOOR LEAGUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RETURN IS REVIEWED BY THE ORGANIZATIONS PRESIDENT AND ACCESS TO 990 IS OFFERED TO ENTIRE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION COMMITTEE REVIEWS THE EXECUTIVE DIRECTOR'S CURRENT COMPEN SATION, HIS RESPONSIBILITIES AND PERFORMANCE IN THE PAST YEAR AND WHETHER HE HAS MET THE STATED GOALS. THE COMMITTEE REVIEWS COMPENSATION FOR SIMILA R POSITIONS AT SIMILAR-SIZED ORGANIZATIONS. IN ADDITION, SOME COMMITTEE ME MBERS HAVE RELATIONSHIPS WITH OTHER LEAGUES AROUND THE STATE AND WE USE TH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S 990 IS AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR TYP ES OF WEBSITES. THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE T O THE PUBLIC BY PROVIDING COPIES UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AUDIT & TAX SERVICE 1,375 4,015 110 PAYROLL PROCESSING FEES 538 1,571 43 PROGRAM INSTRUCTORS & TRAINER 570,848 0 0 REFEREE EXPENSE 108,013 0 0 TOTAL 680,774 5,586 153
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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IRS990/USAddress/AddressLine1Txt05 EDGEWOOD AVENUE
IRS990/USAddress/CityNm0GREENWICH
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK MAGNIFICO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STAMFORD YOUTH SOCCER LEAGUE INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O POLITI & MAGNIFICO LLC
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