Dsc United Corp

What it reported doing in 2024

STATEMENT OF ACTIVITIES & OPERATIONSDSC United Corp is a youth soccer association where the sole purpose of the organization is the development of youth soccer players from the ages of 5 - 19. The organization draws players primarily from two Municipalities in Northern NJ - the Borough of Westwood and The Township of Washington. However, players can join our organization from any neighboring town in NJ or NY for that matter.The primary function of the organization is to provide players and the teams they play on with all the tools and instruction necessary to learn and play the game. That includes, but is not limited to all of the following:"Fields & Field Maintenance"Training & Instruction"Referees"Equipment"Insurance & Safety"Licensing"UniformsFunding for our program comes from two sources - 1) A registration fee that is charged to the parents of every player who registers to play in our program and 2) Fund Raising. 100% of our funding goes into the cost of providing a youth soccer program for the children in our community. Our program is broken down into two divisions: our recreation program and our travel program. The recreation program is played in the fall and all games and training are played on Municipal & Board of Education fields in Westwood and Washington Township. Our recreation program is conducted outdoors from September - November, and indoors at the High School facility from January - February. Our travel program is identified as our Dragons program. Our Dragons program operates from August - November and from March - June each year. Training and one half of our games are played on Municipal and Board of Education fields in Westwood and Washington Township. The balance of our games are played at fields from other travel programs.The Board consists of officers (President, Vice-President, Treasurer, and Secretary) and trustees that meet once a month at a minimum to discuss and operate the program. Meetings are typically conducted in Municipal Buildings. All of our Board members are volunteers, as well as our team managers. Our trainers are paid professionals. Our soccer organization provides a valuable community service while providing children an opportunity to learn and play the game of soccer.Our MissionIt is the mission of Dragons Soccer Club to develop skilled and well rounded soccer players in a fun and safe environment in our community. All children in our community will have the ability to participate in either our Recreation or Travel program, regardless of ability. The club is also focused on:1. Providing a healthful, enriching and maturing experience for boys and girls2. Promote understanding, sportsmanship and fellowship3. Expand and broaden the interest of the game of soccer

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 97.7%; rating input score 98
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 1 of 7 controls in place; rating input score 14
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Fail
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -12.2%; rating input score 20; 20th percentile among comparable filings
• Total-asset coverage ratio: 0.32; rating input score 17; 17th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: 5.8% per year; rating input score 100; 57th percentile among comparable filings
• Revenue growth: 4.6% per year; rating input score 100; 51st percentile among comparable filings
• Asset growth: 6.1% per year; rating input score 100; 52nd percentile among comparable filings