Is Phantoms Sports Academy Legit?

Spending Breakdown

How Phantoms Sports Academy allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Phantoms Sports Academy

Is Phantoms Sports Academy a legitimate charity?

Based on AI analysis of IRS 990 filings, Phantoms Sports Academy (EIN: 141920899) has notable concerns. Mission Score: 30/100. 4 red flags identified, 3 strengths noted.

Is Phantoms Sports Academy a good charity to donate to?

Phantoms Sports Academy has a Mission Score of 30/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Phantoms Sports Academy?

The Employer Identification Number (EIN) for Phantoms Sports Academy is 141920899. 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 Phantoms Sports Academy spend its money?

Phantoms Sports Academy allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Phantoms Sports Academy's tax-exempt status?

You can verify Phantoms Sports Academy's tax-exempt status using EIN 141920899 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

Phantoms Sports Academy appears to be a small, community-focused organization that has experienced significant financial decline in recent years. After peaking in revenue around $108,931 in 2015, the organization's revenue has steadily decreased, reaching only $22,571 in 2018. The latest filing shows $0 in revenue and assets, which is a critical concern and suggests the organization may be inactive or in the process of dissolution. Throughout its history, the organization has generally operated with expenses exceeding revenue, indicating a reliance on prior year surpluses or external funding not consistently captured as revenue, leading to a gradual depletion of assets from a high of $40,760 in 2016 to $853 in 2018, and ultimately $0. This trend raises questions about its long-term financial viability and sustainability.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses, as the provided data only includes total expenses. However, the consistent deficit spending in most years (e.g., $32,750 expenses vs. $22,571 revenue in 2018; $110,228 expenses vs. $80,500 revenue in 2017) suggests that it has struggled to cover its operational costs through its reported revenue. The lack of reported officer compensation across all filings indicates a volunteer-led or very lean operational structure, which can be a positive for efficiency if program delivery is maintained. However, the overall financial trajectory points to significant operational challenges.

Transparency, based on the provided data, is moderate. The organization has consistently filed its IRS 990s, which is a positive indicator of compliance. However, the absence of detailed expense categories (program, administrative, fundraising) in the provided summary limits a deeper analysis of how funds were allocated. The most recent filing showing $0 revenue and assets is a significant red flag regarding its current operational status and financial health, and without further context, it raises concerns about its future.

Verdict: Phantoms Sports Academy has notable concerns

Red Flags

Strengths