Anson Athletic Youth Association
EIN: 562013081 · Polkton, NC · NTEE: N63
| Metric | Value |
|---|---|
| Total Revenue | $267K |
| Total Expenses | $274K |
| Net Assets | $73K |
Is Anson Athletic Youth Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Anson Athletic Youth Association
Anson Athletic Youth Association (EIN: 562013081) is a nonprofit organization based in Polkton, NC, classified under NTEE code N63. The organization reported total revenue of $267K and total assets of $165K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anson Athletic Youth Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anson Athletic Youth Association is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 118.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $252K |
| Total Expenses | $274K |
| Surplus / Deficit | $-21,328 |
| Total Assets | $74K |
| Total Liabilities | $2K |
| Net Assets | $73K |
| Operating Margin | -8.4% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 3.3 months |
Financial Health Grade: B
In 2023, Anson Athletic Youth Association reported a deficit of $21K with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 3 years of filings (2020–2023), Anson Athletic Youth Association's revenue has grown at a compound annual growth rate (CAGR) of 118.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.3% | +52.2% | -17.1% |
| 2022 | +852.6% | +497.9% | +168.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Anson Athletic Youth Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Anson Athletic Youth Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.2%.
Frequently Asked Questions about Anson Athletic Youth Association
Is Anson Athletic Youth Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Anson Athletic Youth Association (EIN: 562013081) insufficient data. 0 red flags identified, 0 strengths noted.
How does Anson Athletic Youth Association spend its money?
Detailed spending breakdown data is not yet available for Anson Athletic Youth Association. Check back for updated IRS 990 analysis.
Are donations to Anson Athletic Youth Association tax-deductible?
Anson Athletic Youth Association is registered as a tax-exempt nonprofit (EIN: 562013081). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Anson Athletic Youth Association located?
Anson Athletic Youth Association is headquartered in Polkton, North Carolina and files with the IRS under EIN 562013081. It is classified under NTEE code N63.
How many years of IRS 990 filings does Anson Athletic Youth Association have?
Anson Athletic Youth Association has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $267K in total revenue.
Filing History
IRS 990 filing history for Anson Athletic Youth Association showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2023), Anson Athletic Youth Association's revenue has grown by 941.6%, moving from $24K to $252K. Total assets increased by 122.1% over the same period, from $34K to $74K. Total functional expenses rose by 809.9%, from $30K to $274K. In its most recent filing year (2023), Anson Athletic Youth Association reported a deficit of $21K, with expenses exceeding revenue. The organization holds $2K in liabilities against $74K in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $73K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $252K | $274K | $74K | $2K | — | — |
| 2022 | $231K | $180K | $90K | $2K | — | — |
| 2020 | $24K | $30K | $34K | $3K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $252K, expenses of $274K, and assets of $74K (revenue +9.3% year-over-year).
- 2022: Revenue of $231K, expenses of $180K, and assets of $90K (revenue +852.6% year-over-year).
- 2020: Revenue of $24K, expenses of $30K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anson Athletic Youth Association:
Data Sources and Methodology
This transparency report for Anson Athletic Youth Association 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.