Quick charity verification for Bedford Soccer League Inc (EIN: 20340440)
Verdict: Bedford Soccer League Inc shows mixed signals
65/100Mission Score
$6KRevenue
$79KAssets
3Red Flags
3Strengths
Red Flags
Consistent decline in assets over the past decade (from $548,621 in 2014 to $79,114 currently).
Frequent periods where expenses significantly exceed revenue (e.g., 2023: $32,117 expenses vs. $5,184 revenue; 2020: $58,525 expenses vs. $26,583 revenue).
Negative revenue reported in 2016 ($-126,905), which is highly unusual and warrants investigation.
Strengths
Zero officer compensation reported across all filings, indicating a volunteer-driven model and efficient use of funds for leadership.
No reported liabilities in recent years (2016-2023), suggesting good management of debt.
Long filing history (13 filings) indicates consistent compliance with IRS reporting requirements.
Spending Breakdown
How Bedford Soccer League Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bedford Soccer League Inc
Is Bedford Soccer League Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bedford Soccer League Inc (EIN: 20340440) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Bedford Soccer League Inc a good charity to donate to?
Bedford Soccer League Inc has a Mission Score of 65/100. Revenue: $6K. Assets: $79K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bedford Soccer League Inc?
The Employer Identification Number (EIN) for Bedford Soccer League Inc is 20340440. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bedford Soccer League Inc spend its money?
Bedford Soccer League Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bedford Soccer League Inc's tax-exempt status?
You can verify Bedford Soccer League Inc's tax-exempt status using EIN 20340440 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Bedford Soccer League Inc. appears to be a small, volunteer-run organization based on its consistent reporting of 0% officer compensation across all available filings. This indicates a strong commitment to directing all funds towards its mission rather than executive salaries, which is a positive sign for transparency and efficiency. However, the organization has experienced significant financial fluctuations, with revenues often not covering expenses. For example, in 2023, revenue was $5,184 while expenses were $32,117, leading to a substantial deficit. This trend of expenses frequently exceeding revenue, as seen in multiple years (e.g., 2020, 2019, 2018), suggests potential challenges in financial sustainability or a reliance on accumulated assets. The organization's assets have also shown a consistent decline over the years, from $548,621 in 2014 to $79,114 currently, which warrants closer examination regarding the use of these assets and the long-term financial strategy.
The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses in the provided data. However, the absence of officer compensation is a strong indicator of low administrative overhead in that specific area. The consistent decline in assets, coupled with periods of significant deficits, raises questions about the organization's ability to maintain its operations solely through current revenue streams. While transparency is high regarding executive compensation, more detailed financial reporting on expense categories would further enhance understanding of its operational efficiency and financial health.