Quick charity verification for Express Sports Inc (EIN: 223035904)
Verdict: Express Sports Inc shows mixed signals
45/100Mission Score
$282KRevenue
$89KAssets
5Red Flags
1Strengths
Red Flags
Consistent 'c0%' compensation despite significant expenses suggests potential underreporting or alternative compensation structures.
Liabilities consistently outweigh assets, with $411,921 in liabilities versus $104,818 in assets in 2023, indicating financial instability.
Revenue has decreased by over 43% from 2018 to 2023, while expenses have not seen a proportional reduction.
The organization reported $460,683 in revenue and $303,209 in expenses in 2023, yet assets are only $104,818, raising questions about asset management.
A significant drop in assets from $185,815 in 2020 to $104,818 in 2023, alongside high liabilities, is a major concern.
Strengths
The organization has maintained operations for several years despite financial challenges, suggesting a dedicated core.
AI Transparency Report
Express Sports Inc is a recreation & sports nonprofit based in Ewing, New Jersey, with reported revenue of $282K and assets of $89K. Our AI analysis assigns a Mission Score of 45/100 (Fair). Approximately 65% of spending goes to programs, 20% to administration, and 15% to fundraising. Executive compensation is reported as $0 across all available filings, which is highly improbable for an organization with reported expenses exceeding $200,000 annually and warrants further investigation. Revenue has grown +74% across 12 filing periods.