Is Las Vegas Soccer League Legit?

Quick charity verification for Las Vegas Soccer League (EIN: 208057343)

Verdict: Las Vegas Soccer League shows mixed signals

55/100Mission Score

$108KRevenue

$128Assets

4Red Flags

2Strengths

Red Flags

Recurring negative asset balances in multiple filing periods (e.g., -$4,148 in 2019, -$3,235 in 2018).
Extremely low current assets ($128) relative to significant liabilities (e.g., $47,623 in 2023).
Frequent operating deficits where expenses exceed revenue (e.g., $151,443 expenses vs. $110,487 revenue in 2022).
High liabilities relative to assets, indicating potential solvency issues.

Strengths

Consistent reporting of 0% officer compensation, indicating volunteer leadership.
Maintains operations despite financial challenges, suggesting dedication to its mission.

Spending Breakdown

How Las Vegas Soccer League allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Las Vegas Soccer League

Is Las Vegas Soccer League a legitimate charity?

Based on AI analysis of IRS 990 filings, Las Vegas Soccer League (EIN: 208057343) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.

Is Las Vegas Soccer League a good charity to donate to?

Las Vegas Soccer League has a Mission Score of 55/100. Revenue: $108K. Assets: $128. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Las Vegas Soccer League?

The Employer Identification Number (EIN) for Las Vegas Soccer League is 208057343. 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 Las Vegas Soccer League spend its money?

Las Vegas Soccer League allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Las Vegas Soccer League's tax-exempt status?

You can verify Las Vegas Soccer League's tax-exempt status using EIN 208057343 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

The Las Vegas Soccer League demonstrates inconsistent financial health over the past decade. While recent filings show revenues generally exceeding expenses (e.g., 2023 revenue of $117,654 against expenses of $116,493), the organization has frequently operated at a deficit, such as in 2022 where expenses of $151,443 significantly outstripped revenue of $110,487. A notable concern is the recurring negative asset balances in several years (e.g., -$4,148 in 2019, -$3,235 in 2018, -$1,847 in 2016, -$960 in 2015, -$748 in 2014), indicating potential solvency issues or unusual accounting practices. The organization's current assets are extremely low at $128, which is a significant red flag for financial stability.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent pattern of expenses often closely matching or exceeding revenues suggests tight margins and limited capacity for significant program expansion or reserve building. The organization's liabilities have also fluctuated considerably, reaching as high as $50,756 in 2021 and $50,080 in 2022, which, when combined with low assets, points to potential financial strain.

Transparency regarding executive compensation is high, as officer compensation has consistently been reported as 0% across all available filings. However, the lack of detailed expense categories in the provided data limits a comprehensive assessment of how funds are allocated between programs, administration, and fundraising. The recurring negative asset figures also raise questions about the accuracy and clarity of their financial reporting over several periods.

View Full Transparency Report →

Disclaimer

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