Quick charity verification for Massapequa Soccer Club Inc (EIN: 112483359)
Verdict: Massapequa Soccer Club Inc appears trustworthy
92/100Mission Score
$2.2MRevenue
$1.1MAssets
1Red Flags
5Strengths
Red Flags
Revenue fluctuations year-over-year, such as the drop from $1,862,846 in 2022 to $816,209 in 2023, warrant further investigation into the cause.
Strengths
Consistent reporting of 0% officer compensation, indicating a volunteer-driven leadership and high efficiency.
Assets have shown consistent growth over the years, from $255,055 in 2015 to $923,028 in 2023, demonstrating financial stability.
Minimal liabilities consistently reported ($0 or $10), indicating strong financial health and low debt.
Long history of IRS 990 filings (16 filings), demonstrating commitment to transparency and compliance.
Expenses consistently align closely with revenues, suggesting efficient utilization of funds for its programs.
Spending Breakdown
How Massapequa Soccer Club Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Massapequa Soccer Club Inc
Is Massapequa Soccer Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Massapequa Soccer Club Inc (EIN: 112483359) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Massapequa Soccer Club Inc a good charity to donate to?
Massapequa Soccer Club Inc has a Mission Score of 92/100. Revenue: $2.2M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Massapequa Soccer Club Inc?
The Employer Identification Number (EIN) for Massapequa Soccer Club Inc is 112483359. 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 Massapequa Soccer Club Inc spend its money?
Massapequa Soccer Club Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Massapequa Soccer Club Inc's tax-exempt status?
You can verify Massapequa Soccer Club Inc's tax-exempt status using EIN 112483359 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
Massapequa Soccer Club Inc demonstrates consistent financial activity, with revenues fluctuating but generally staying above $1 million annually, reaching a high of $2,038,902 in 2021. The organization consistently spends nearly all of its revenue on expenses, indicating a focus on program delivery rather than accumulating large surpluses. For instance, in 2023, expenses of $846,716 were very close to revenues of $816,209. The club's assets have shown a steady growth trend over the years, increasing from $255,055 in 2015 to $923,028 in 2023, suggesting sound financial management and reinvestment into the organization's infrastructure or programs. The consistent reporting of zero officer compensation across all available filings is a significant indicator of transparency and a volunteer-driven leadership model, which is commendable for a nonprofit of this size.
The organization's financial health appears stable, with sufficient assets to cover its minimal liabilities (often reported as $0 or $10). The NTEE code N64 (Amateur Sports Clubs) aligns well with its name, suggesting a clear mission. The lack of reported officer compensation enhances its spending efficiency, as more funds can be directed towards its programs. While specific program spending ratios are not detailed in the provided data, the close alignment of revenues and expenses implies that the majority of funds are utilized for operational and programmatic activities. The consistent filing of IRS Form 990s over 16 periods further demonstrates a commitment to regulatory compliance and transparency.