American Sokol Organization Sokol Fort Worth
American Sokol Organization Sokol Fort Worth shows fluctuating financial performance with recent surpluses and no reported officer compensation.
EIN: 202082552 · Fort Worth, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $192K |
| Program Spending | 75% |
| Net Assets | $144K |
| Transparency Score | 75/100 |
Is American Sokol Organization Sokol Fort Worth Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Sokol Organization Sokol Fort Worth directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Sokol Organization Sokol Fort Worth
American Sokol Organization Sokol Fort Worth (EIN: 202082552) is a nonprofit organization based in Fort Worth, TX. The organization reported total revenue of $1.1M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Sokol Organization Sokol Fort Worth's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Sokol Organization Sokol Fort Worth is a mid-size nonprofit that has been operating for 73 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $272K |
| Total Expenses | $192K |
| Surplus / Deficit | +$81K |
| Total Assets | $234K |
| Total Liabilities | $90K |
| Net Assets | $144K |
| Operating Margin | 29.6% |
| Debt-to-Asset Ratio | 38.6% |
| Months of Reserves | 14.7 months |
Financial Health Grade: A
In 2023, American Sokol Organization Sokol Fort Worth reported a surplus of $81K with revenue exceeding expenses, holds 14.7 months of operating reserves (strong position), has a debt-to-asset ratio of 38.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Sokol Organization Sokol Fort Worth's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.7% | +11.5% | -48.7% |
| 2022 | -15.4% | +27.1% | -7.2% |
| 2021 | +31.4% | -22.7% | +100.7% |
| 2020 | -29.4% | -22.5% | +45.4% |
| 2019 | -8.2% | -7.5% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1953 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Sokol Organization Sokol Fort Worth with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, American Sokol Organization Sokol Fort Worth allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $81K, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is a strong positive for minimizing administrative overhead relative to its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of American Sokol Organization Sokol Fort Worth's IRS 990 filings:
- Significant fluctuations in assets and liabilities without clear explanations in the provided data.
- Periods of deficit spending where expenses exceeded revenue (e.g., 2022, 2020, 2019).
Strengths
The following positive indicators were identified for American Sokol Organization Sokol Fort Worth:
- Consistent reporting of 0% officer compensation, indicating low executive overhead.
- Positive net income in recent years (e.g., 2023: $272,336 revenue vs. $191,807 expenses), demonstrating financial recovery and sustainability.
- Long filing history (13 filings) suggests consistent compliance and operational longevity.
Frequently Asked Questions about American Sokol Organization Sokol Fort Worth
Is American Sokol Organization Sokol Fort Worth a legitimate charity?
American Sokol Organization Sokol Fort Worth (EIN: 202082552) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does American Sokol Organization Sokol Fort Worth spend its money?
American Sokol Organization Sokol Fort Worth directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to American Sokol Organization Sokol Fort Worth tax-deductible?
American Sokol Organization Sokol Fort Worth is registered as a tax-exempt nonprofit (EIN: 202082552). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Sokol Organization Sokol Fort Worth's spending goes to programs?
American Sokol Organization Sokol Fort Worth directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is American Sokol Organization Sokol Fort Worth located?
American Sokol Organization Sokol Fort Worth is headquartered in Fort Worth, Texas and files with the IRS under EIN 202082552.
How many years of IRS 990 filings does American Sokol Organization Sokol Fort Worth have?
American Sokol Organization Sokol Fort Worth has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to precisely assess spending efficiency in these areas.
How does the organization manage its liabilities, which have fluctuated significantly?
Liabilities have varied from $0 in 2017 and 2018 to $280,234 in 2021, and were $90,486 in 2023. Understanding the nature of these liabilities and the strategy for their management would provide further insight into financial stability.
What caused the periods of deficit spending in years like 2022, 2020, and 2019?
In 2022, expenses ($171,980) exceeded revenue ($170,581); in 2020, expenses ($174,994) exceeded revenue ($153,408); and in 2019, expenses ($225,892) exceeded revenue ($217,384). The specific reasons for these deficits are not detailed in the provided data.
Filing History
IRS 990 filing history for American Sokol Organization Sokol Fort Worth showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Sokol Organization Sokol Fort Worth's revenue has grown by 47.4%, moving from $185K to $272K. Total assets increased by 57% over the same period, from $149K to $234K. Total functional expenses fell by 2.1%, from $196K to $192K. In its most recent filing year (2023), American Sokol Organization Sokol Fort Worth reported a surplus of $81K, with revenue exceeding expenses. The organization holds $90K in liabilities against $234K in assets (debt-to-asset ratio: 38.6%), resulting in net assets of $144K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $272K | $192K | $234K | $90K | — | — |
| 2022 | $171K | $172K | $456K | $276K | — | View 990 |
| 2021 | $202K | $135K | $491K | $280K | — | View 990 |
| 2020 | $153K | $175K | $245K | $100K | — | — |
| 2019 | $217K | $226K | $168K | $2K | — | View 990 |
| 2018 | $237K | $244K | $175K | $0 | — | View 990 |
| 2017 | $284K | $263K | $183K | $0 | — | View 990 |
| 2016 | $251K | $238K | $170K | $8K | — | View 990 |
| 2015 | $232K | $227K | $167K | $19K | — | View 990 |
| 2014 | $234K | $236K | $180K | $38K | — | View 990 |
| 2013 | $256K | $261K | $183K | $39K | — | View 990 |
| 2012 | $240K | $240K | $197K | $48K | — | View 990 |
| 2011 | $185K | $196K | $149K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $272K, expenses of $192K, and assets of $234K (revenue +59.7% year-over-year).
- 2022: Revenue of $171K, expenses of $172K, and assets of $456K (revenue -15.4% year-over-year).
- 2021: Revenue of $202K, expenses of $135K, and assets of $491K (revenue +31.4% year-over-year).
- 2020: Revenue of $153K, expenses of $175K, and assets of $245K (revenue -29.4% year-over-year).
- 2019: Revenue of $217K, expenses of $226K, and assets of $168K (revenue -8.2% year-over-year).
- 2018: Revenue of $237K, expenses of $244K, and assets of $175K (revenue -16.7% year-over-year).
- 2017: Revenue of $284K, expenses of $263K, and assets of $183K (revenue +13.0% year-over-year).
- 2016: Revenue of $251K, expenses of $238K, and assets of $170K (revenue +8.5% year-over-year).
- 2015: Revenue of $232K, expenses of $227K, and assets of $167K (revenue -0.8% year-over-year).
- 2014: Revenue of $234K, expenses of $236K, and assets of $180K (revenue -8.8% year-over-year).
- 2013: Revenue of $256K, expenses of $261K, and assets of $183K (revenue +7.0% year-over-year).
- 2012: Revenue of $240K, expenses of $240K, and assets of $197K (revenue +29.6% year-over-year).
- 2011: Revenue of $185K, expenses of $196K, and assets of $149K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Sokol Organization Sokol Fort Worth:
Data Sources and Methodology
This transparency report for American Sokol Organization Sokol Fort Worth is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.