Keystone FC
Overview
Keystone FC is a youth soccer club based in Mechanicsburg, PA, serving central Pennsylvania (Harrisburg, York, Gettysburg areas). Originally founded in 1982 as Mechanicsburg Soccer Club, rebranded to Keystone FC to reflect its regional scope. 501(c)(3) nonprofit (EIN: 23-2095178), tax-exempt since April 2011.
Financials
| Year | Revenue | Expenses | Net Income | Total Assets |
|---|---|---|---|---|
| FY2024 (Jul) | $1,239,057 | $862,224 | $376,833 | $2,218,345 |
| FY2023 | $1,608,460 | $1,618,471 | ($10,011) | $766,596 |
| FY2022 | $1,501,337 | $1,514,004 | ($12,667) | $723,460 |
| FY2021 | $1,447,589 | $1,264,406 | $183,183 | $736,127 |
| FY2020 | $1,102,150 | $865,452 | $236,698 | $552,944 |
Revenue source: 96.6% from program services. (HIGH)
Note: FY2024 is a partial year (fiscal year change to July). Total assets jumped from 2.2M — possibly reflecting a facility investment or asset acquisition.
Key executive compensation: Sean Cochran (Executive Director) earned $85,083 (FY2023). (HIGH)
Teams & Players
~1,900 players. Age groups U4-U23. Coed.
League Affiliations
- mls-next (Boys)
- girls-academy (Girls)
- CPYSL (Central Pennsylvania Youth Soccer League)
Facilities
- Friendship Park — Mechanicsburg
- Winding Hills Park — Mechanicsburg
- Cousler Park — York area
- Straban Park — Gettysburg area
Leadership
- sean-cochran — Executive Director
Competitive Position
- Strengths: Central PA near-monopoly position (Harrisburg/York/Gettysburg), MLS Next + GA dual pathway, growing revenue, geographic buffer from Philadelphia competition.
- Weaknesses: Smaller revenue ($1.2-1.6M), thin margins, municipal facility dependence, limited regional/national profile.
SYNRGY Relevance
Secondary acquisition target. Keystone FC is smaller than the top-tier eastern PA clubs but offers a strategic central PA foothold. Could complement a Philadelphia-area acquisition:
- MLS Next + GA coverage in an underserved geography
- Low-cost entry point (~$1.2M revenue)
- Central PA positioning reduces competitive overlap with Philly clubs
- Potential for facility development (the $2.2M asset jump suggests activity)
Open Questions
- What caused the FY2024 total asset jump from 2.2M?
- What are the facility arrangements — all municipal parks?
- Is there overlap with pa-classics’ reach into Harrisburg?
- What is the club’s MLS Next performance level?