Is Scorpions Soccer Club Inc Legit?

Quick charity verification for Scorpions Soccer Club Inc (EIN: 202057807)

Verdict: Scorpions Soccer Club Inc appears trustworthy

70/100Mission Score
$0Revenue
$0Assets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Scorpions Soccer Club Inc. demonstrates a consistent operational history with revenues and expenses in the range of $1.1 million to $1.7 million over the past five years. The organization appears to operate on a relatively thin margin, with expenses often closely tracking or slightly exceeding revenues, as seen in 2015 where expenses were $1,754,844 against revenues of $1,674,273. This indicates a focus on utilizing incoming funds for current operations rather than accumulating large surpluses. The organization's assets have grown steadily from $288,509 in 2011 to $736,214 in 2015, suggesting some financial stability and growth in its resource base. Liabilities have also increased, but at a slower rate than assets, indicating a healthy balance sheet. The most recent filing shows $0 in revenue and assets, which is highly unusual and suggests a potential reporting error or a significant change in the organization's status that warrants further investigation.

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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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