Quick charity verification for Wayne Soccer Club Inc (EIN: 223036930)
Verdict: Wayne Soccer Club Inc appears trustworthy
75/100Mission Score
$397KRevenue
$256KAssets
3Red Flags
3Strengths
Red Flags
Total revenue has declined from $347,661 in 2024 to $317,320 in 2017, with significant fluctuations.
Total assets have decreased from $213,628 in 2024 to $106,905 in 2017, indicating a shrinking financial base.
Expenses have exceeded revenue in several years (e.g., 2022: $322,457 expenses vs. $254,353 revenue), suggesting potential operational deficits.
Strengths
The organization consistently allocates a high percentage of its expenses to programs, indicating a focus on its mission.
The club has a long operating history with financial data available since 2016, suggesting stability.
Low administrative and fundraising costs imply efficient operations.
Spending Breakdown
How Wayne Soccer Club Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Wayne Soccer Club Inc
Is Wayne Soccer Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wayne Soccer Club Inc (EIN: 223036930) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Wayne Soccer Club Inc a good charity to donate to?
Wayne Soccer Club Inc has a Mission Score of 75/100. Revenue: $397K. Assets: $256K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wayne Soccer Club Inc?
The Employer Identification Number (EIN) for Wayne Soccer Club Inc is 223036930. 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 Wayne Soccer Club Inc spend its money?
Wayne Soccer Club Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wayne Soccer Club Inc's tax-exempt status?
You can verify Wayne Soccer Club Inc's tax-exempt status using EIN 223036930 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
Wayne Soccer Club Inc is a recreation & sports nonprofit based in North Haledon, New Jersey, with reported revenue of $397K and assets of $256K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation information is not provided in the given data, preventing an assessment of its reasonableness. Revenue has grown +51% across 10 filing periods.