Is Birmingham United Soccerassociation Inc Legit?

Quick charity verification for Birmingham United Soccerassociation Inc (EIN: 204920903)

Verdict: Birmingham United Soccerassociation Inc appears trustworthy

92/100Mission Score
$4.1MRevenue
$1.5MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Birmingham United Soccerassociation Inc demonstrates consistent financial growth over the past decade, with revenue increasing from $1,757,809 in 2014 to $3,790,631 in 2023. The organization generally operates with a narrow surplus or slight deficit, as seen in 2023 where expenses ($3,797,900) slightly exceeded revenue ($3,790,631). This indicates a focus on deploying resources directly into operations rather than accumulating large reserves, though it also suggests tight financial management is necessary. The organization's asset base has grown significantly, from $199,025 in 2014 to $1,388,317 in 2023, reflecting increased capacity. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which suggests a volunteer-led or very lean executive structure, contributing to operational efficiency. The liabilities, while fluctuating, have remained manageable relative to assets, with $4,105 in 2023. Overall, Birmingham United Soccerassociation Inc appears to be a financially stable organization with a strong growth trajectory. Its consistent reporting of zero officer compensation points to a high degree of financial transparency and a commitment to directing funds towards its mission. The close alignment of revenues and expenses indicates efficient resource utilization, though it leaves little buffer for unexpected financial challenges.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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