Is Wt Soccer Association A Njnonprofit Corporation Legit?
Quick charity verification for Wt Soccer Association A Njnonprofit Corporation (EIN: 204385047)
Verdict: Wt Soccer Association A Njnonprofit Corporation appears trustworthy
85/100Mission Score
$235KRevenue
$219KAssets
1Red Flags
4Strengths
Red Flags
Operating deficit in 2023 ($219,979 revenue vs. $275,604 expenses)
Strengths
Consistent 0% officer compensation across all filings, indicating volunteer leadership
No reported liabilities in recent filings, demonstrating strong solvency
Consistent filing of IRS Form 990s for 8 periods, showing transparency
Healthy asset base relative to revenue, with $228,475 in assets in 2023
Spending Breakdown
How Wt Soccer Association A Njnonprofit Corporation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Wt Soccer Association A Njnonprofit Corporation
Is Wt Soccer Association A Njnonprofit Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Wt Soccer Association A Njnonprofit Corporation (EIN: 204385047) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Wt Soccer Association A Njnonprofit Corporation a good charity to donate to?
Wt Soccer Association A Njnonprofit Corporation has a Mission Score of 85/100. Revenue: $235K. Assets: $219K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wt Soccer Association A Njnonprofit Corporation?
The Employer Identification Number (EIN) for Wt Soccer Association A Njnonprofit Corporation is 204385047. 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 Wt Soccer Association A Njnonprofit Corporation spend its money?
Wt Soccer Association A Njnonprofit Corporation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wt Soccer Association A Njnonprofit Corporation's tax-exempt status?
You can verify Wt Soccer Association A Njnonprofit Corporation's tax-exempt status using EIN 204385047 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
Wt Soccer Association A Njnonprofit Corporation demonstrates consistent financial activity, with revenues fluctuating between $114,137 and $404,602 over the past eight years. The organization generally maintains a healthy asset base, most recently reported at $228,475 in 2023, with no reported liabilities, indicating strong financial solvency. While the organization experienced a deficit in 2023, with expenses of $275,604 exceeding revenues of $219,979, this is not an uncommon occurrence for smaller nonprofits and appears to be covered by prior year surpluses or reserves. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership model, which is a positive indicator of efficiency and dedication to mission.
The organization's spending efficiency appears sound, particularly given the absence of officer compensation, which directly reduces administrative overhead. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely quantify efficiency ratios. However, the overall financial picture suggests that the majority of funds are likely directed towards its soccer programs. The consistent filing of IRS Form 990s over eight periods demonstrates a commitment to transparency, providing public access to its financial operations.
Overall, Wt Soccer Association A Njnonprofit Corporation appears to be a financially stable and transparent organization, effectively managing its resources to support its mission. The lack of liabilities and the volunteer leadership are significant strengths, contributing to its ability to direct funds towards its programs.