Asheville Buncombe Adult Soccer Association
Asheville Buncombe Adult Soccer Association maintains stable finances with growing assets and no officer compensation.
EIN: 201798495 · Mars Hill, NC · NTEE: N60 · Updated: 2026-03-28
Is Asheville Buncombe Adult Soccer Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Asheville Buncombe Adult Soccer Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Asheville Buncombe Adult Soccer Association
Asheville Buncombe Adult Soccer Association (EIN: 201798495) is a nonprofit organization based in Mars Hill, NC, classified under NTEE code N60. The organization reported total revenue of $345K and total assets of $291K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asheville Buncombe Adult Soccer Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Asheville Buncombe Adult Soccer Association is a small nonprofit that has been operating for 1 years, with 4 years of IRS 990 filings on record (2015–2018). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $261K |
| Total Expenses | $259K |
| Surplus / Deficit | +$2K |
| Total Assets | $74K |
| Net Assets | $74K |
| Operating Margin | 0.7% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2018, Asheville Buncombe Adult Soccer Association reported a surplus of $2K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 4 years of filings (2015–2018), Asheville Buncombe Adult Soccer Association's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -28.0% | -28.5% | +2.6% |
| 2017 | +10.6% | +14.7% | +0.6% |
| 2016 | +13.5% | +22.8% | +17.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2025 |
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 Asheville Buncombe Adult Soccer Association with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Asheville Buncombe Adult Soccer Association allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all filings, indicating a volunteer-led organization, which is highly efficient and transparent for an organization with current revenues of $345,118.
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.
Strengths
The following positive indicators were identified for Asheville Buncombe Adult Soccer Association:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
- Strong asset growth from $60,832 in 2015 to $291,470 currently.
- Minimal to no liabilities reported across all filings, demonstrating strong financial solvency.
- Expenses closely align with revenues, suggesting efficient use of funds for program delivery.
- Stable revenue generation over multiple years, indicating consistent operational activity.
Frequently Asked Questions about Asheville Buncombe Adult Soccer Association
Is Asheville Buncombe Adult Soccer Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Asheville Buncombe Adult Soccer Association (EIN: 201798495) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Asheville Buncombe Adult Soccer Association spend its money?
Asheville Buncombe Adult Soccer Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Asheville Buncombe Adult Soccer Association tax-deductible?
Asheville Buncombe Adult Soccer Association is registered as a tax-exempt nonprofit (EIN: 201798495). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Asheville Buncombe Adult Soccer Association a good charity?
Based on the provided financial data, the Asheville Buncombe Adult Soccer Association appears to be a good charity. It demonstrates strong financial health with growing assets and minimal liabilities, and a highly efficient operational model with 0% officer compensation reported across all filings, indicating that funds are primarily directed towards its mission.
How does the organization manage its expenses relative to its revenue?
The organization consistently manages its expenses very closely to its revenue. For example, in 2018, revenue was $260,736 and expenses were $258,867, showing a lean operation where most incoming funds are utilized for current activities rather than accumulating large surpluses.
What is the trend in the organization's assets?
The organization shows a strong positive trend in asset growth, increasing from $60,832 in 2015 to $291,470 currently, indicating increasing financial stability and capacity.
Filing History
IRS 990 filing history for Asheville Buncombe Adult Soccer Association showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2015–2018), Asheville Buncombe Adult Soccer Association's revenue has declined by 9.7%, moving from $289K to $261K. Total assets increased by 21.6% over the same period, from $61K to $74K. Total functional expenses rose by 0.7%, from $257K to $259K. In its most recent filing year (2018), Asheville Buncombe Adult Soccer Association reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $261K | $259K | $74K | $0 | — | View 990 |
| 2017 | $362K | $362K | $72K | $0 | — | View 990 |
| 2016 | $328K | $316K | $72K | $0 | — | View 990 |
| 2015 | $289K | $257K | $61K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $261K, expenses of $259K, and assets of $74K (revenue -28.0% year-over-year).
- 2017: Revenue of $362K, expenses of $362K, and assets of $72K (revenue +10.6% year-over-year).
- 2016: Revenue of $328K, expenses of $316K, and assets of $72K (revenue +13.5% year-over-year).
- 2015: Revenue of $289K, expenses of $257K, and assets of $61K.
Data Sources and Methodology
This transparency report for Asheville Buncombe Adult Soccer 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.