Quick charity verification for Yarmouth Colts Soccer Club Ltd (EIN: 10478682)
Verdict: Yarmouth Colts Soccer Club Ltd appears trustworthy
88/100Mission Score
$130KRevenue
$58KAssets
1Red Flags
4Strengths
Red Flags
Operating deficits in the last two reported periods (2022 and 2023) where expenses exceeded revenue.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency and volunteer leadership.
Maintains zero liabilities across all reported periods, demonstrating strong financial management.
Healthy and growing asset base, from $39,794 in 2020 to $58,230 currently.
Consistent IRS 990 filing history, indicating transparency and compliance.
Spending Breakdown
How Yarmouth Colts Soccer Club Ltd allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Yarmouth Colts Soccer Club Ltd
Is Yarmouth Colts Soccer Club Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Yarmouth Colts Soccer Club Ltd (EIN: 10478682) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Yarmouth Colts Soccer Club Ltd a good charity to donate to?
Yarmouth Colts Soccer Club Ltd has a Mission Score of 88/100. Revenue: $130K. Assets: $58K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Yarmouth Colts Soccer Club Ltd?
The Employer Identification Number (EIN) for Yarmouth Colts Soccer Club Ltd is 10478682. 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 Yarmouth Colts Soccer Club Ltd spend its money?
Yarmouth Colts Soccer Club Ltd allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Yarmouth Colts Soccer Club Ltd's tax-exempt status?
You can verify Yarmouth Colts Soccer Club Ltd's tax-exempt status using EIN 10478682 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
Yarmouth Colts Soccer Club Ltd demonstrates a generally stable financial position, with assets growing from $39,794 in 2020 to $58,230 currently, indicating prudent financial management. The organization consistently reports zero liabilities across all filed periods, which is a strong indicator of financial health and low risk. While the club experienced a deficit in 2022 and 2023 (expenses exceeding revenue by $14,232 and $12,538 respectively), these appear to be managed within the context of its asset base and do not suggest immediate financial distress. The consistent reporting of 0% officer compensation across all filings highlights a commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust.
The organization's spending efficiency appears to be reasonable for a small, volunteer-driven club. Without a detailed breakdown of expenses, it's challenging to precisely quantify program versus administrative costs, but the absence of officer compensation suggests a lean operational structure. The fluctuations in revenue and expenses are typical for smaller nonprofits, often tied to program cycles or fundraising efforts. The club's consistent filing of IRS Form 990s demonstrates a commitment to regulatory compliance and transparency, allowing public scrutiny of its financial activities.
Overall, Yarmouth Colts Soccer Club Ltd appears to be a well-managed, transparent organization with a focus on its mission, supported by a healthy asset base and a clear commitment to minimizing administrative overhead, as evidenced by its zero officer compensation.