Is Crystal Lake Soccer Federation Legit?

Quick charity verification for Crystal Lake Soccer Federation (EIN: 134242224)

Verdict: Crystal Lake Soccer Federation appears trustworthy

90/100Mission Score
$2.5MRevenue
$636KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Crystal Lake Soccer Federation demonstrates a consistent financial history with generally stable revenue and expenses over the past decade. The organization has shown significant growth in recent years, with revenue increasing from $1,015,534 in 2021 to $1,756,632 in 2023, and a reported latest revenue of $2,549,137. This growth suggests expanding operations and community engagement. The organization consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure, which is a positive sign for donor confidence and efficient use of funds. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent reporting of expenses close to revenue suggests that funds are being utilized for operations rather than accumulating excessive reserves. The organization's assets have fluctuated but remain substantial, with $636,424 currently, indicating a healthy financial base. The liabilities have varied, with a notable increase in 2023 to $207,767, which warrants closer examination in the full 990 filing to understand its nature.

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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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