Is Toms River American Soccer Club Inc T A Toms River Soccer Association Legit?
Quick charity verification for Toms River American Soccer Club Inc T A Toms River Soccer Association (EIN: 222138095)
Verdict: Toms River American Soccer Club Inc T A Toms River Soccer Association appears trustworthy
75/100Mission Score
$672KRevenue
$153KAssets
2Red Flags
3Strengths
Red Flags
Administrative expenses increased significantly from $47,936 in 2023 to $49,877 in 2023, while total expenses decreased from $440,539 in 2022 to $498,777 in 2023.
The organization experienced a net loss in 2022 ($288,040 revenue vs. $440,539 expenses) and 2021 ($301,741 revenue vs. $309,813 expenses).
Strengths
Significant revenue growth from $288,040 in 2022 to $671,859 in 2023, indicating increased community support or program expansion.
Consistent asset base over several years, suggesting financial stability.
Low liability-to-asset ratio, indicating a healthy financial position.
AI Transparency Report
Toms River American Soccer Club Inc T A Toms River Soccer Association is a unknown nonprofit based in Toms River, New Jersey, with reported revenue of $672K and assets of $153K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation is not reported in the provided data, indicating it is likely below the IRS reporting threshold or not applicable. Revenue has grown +167% across 12 filing periods.