Bangor Travel Soccer Club
Bangor Travel Soccer Club shows consistent asset growth and no officer compensation.
EIN: 10491426 · Bangor, ME · NTEE: N64 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $94K |
| Total Expenses | $67K |
| Program Spending | 90% |
| Net Assets | $270K |
| Transparency Score | 92/100 |
Is Bangor Travel Soccer Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bangor Travel Soccer Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bangor Travel Soccer Club
Bangor Travel Soccer Club (EIN: 10491426) is a nonprofit organization based in Bangor, ME, classified under NTEE code N64. The organization reported total revenue of $94K and total assets of $306K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bangor Travel Soccer Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bangor Travel Soccer Club is a micro nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $83K |
| Total Expenses | $67K |
| Surplus / Deficit | +$16K |
| Total Assets | $270K |
| Total Liabilities | $178 |
| Net Assets | $270K |
| Operating Margin | 19.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 48.3 months |
Financial Health Grade: A
In 2023, Bangor Travel Soccer Club reported a surplus of $16K with revenue exceeding expenses, holds 48.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bangor Travel Soccer Club's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | +19.4% | +6.0% |
| 2022 | +15.6% | +32.8% | +9.8% |
| 2021 | +112.9% | -28.6% | +14.0% |
| 2020 | -63.1% | -27.7% | -11.3% |
| 2019 | +6.0% | +21.8% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Bangor Travel Soccer Club 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Bangor Travel Soccer Club allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Bangor Travel Soccer Club reports 0% officer compensation across all available filings, indicating that its leadership is unpaid, which is common for smaller, volunteer-run organizations and demonstrates a strong commitment to directing all funds towards its mission.
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 Bangor Travel Soccer Club:
- Consistent asset growth, from $176,888 in 2014 to $269,782 in 2023.
- 0% officer compensation across all reported periods, indicating volunteer leadership.
- Low liabilities, consistently under $2,500, demonstrating strong financial stability.
- Revenues generally exceed expenses, contributing to healthy reserves and asset accumulation.
- Strong program focus, implied by the nature of the organization and lack of significant administrative overhead.
Frequently Asked Questions about Bangor Travel Soccer Club
Is Bangor Travel Soccer Club a legitimate charity?
Bangor Travel Soccer Club (EIN: 10491426) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $94K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Bangor Travel Soccer Club spend its money?
Bangor Travel Soccer Club directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Bangor Travel Soccer Club tax-deductible?
Bangor Travel Soccer Club is registered as a tax-exempt nonprofit (EIN: 10491426). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bangor Travel Soccer Club's spending goes to programs?
Bangor Travel Soccer Club directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bangor Travel Soccer Club compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Bangor Travel Soccer Club is above average for NTEE category N64 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bangor Travel Soccer Club located?
Bangor Travel Soccer Club is headquartered in Bangor, Maine and files with the IRS under EIN 10491426. It is classified under NTEE code N64.
How many years of IRS 990 filings does Bangor Travel Soccer Club have?
Bangor Travel Soccer Club 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 $94K in total revenue.
Is Bangor Travel Soccer Club a good charity?
Based on the provided data, Bangor Travel Soccer Club appears to be a well-managed organization with strong financial health, consistent asset growth, and a clear commitment to its mission, as evidenced by 0% officer compensation and revenues generally exceeding expenses.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved, with assets growing from $176,888 in 2014 to $269,782 in 2023. Revenue has generally been stable, with a dip in 2020, but has since recovered and grown, indicating resilience and effective management.
What is the trend in the organization's liabilities?
Liabilities have remained very low, often at $0 or in the hundreds, with the highest reported at $2,435 in 2021 and $1,300 in 2022, and $178 in 2023. This indicates the organization operates with minimal debt and strong financial stability.
Filing History
IRS 990 filing history for Bangor Travel Soccer Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bangor Travel Soccer Club's revenue has declined by 5.3%, moving from $88K to $83K. Total assets increased by 106.4% over the same period, from $131K to $270K. Total functional expenses rose by 6.2%, from $63K to $67K. In its most recent filing year (2023), Bangor Travel Soccer Club reported a surplus of $16K, with revenue exceeding expenses. The organization holds $178 in liabilities against $270K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $270K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $83K | $67K | $270K | $178 | — | View 990 |
| 2022 | $80K | $56K | $255K | $1K | — | View 990 |
| 2021 | $69K | $42K | $232K | $2K | — | — |
| 2020 | $33K | $59K | $203K | $893 | — | View 990 |
| 2019 | $88K | $82K | $229K | $0 | — | View 990 |
| 2018 | $83K | $67K | $223K | $0 | — | View 990 |
| 2017 | $96K | $81K | $207K | $0 | — | View 990 |
| 2016 | $91K | $96K | $192K | $0 | — | View 990 |
| 2015 | $95K | $75K | $196K | $0 | — | View 990 |
| 2014 | $108K | $88K | $177K | $1K | — | View 990 |
| 2013 | $102K | $87K | $156K | $0 | — | View 990 |
| 2012 | $101K | $90K | $141K | $0 | — | View 990 |
| 2011 | $88K | $63K | $131K | $357 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $83K, expenses of $67K, and assets of $270K (revenue +4.2% year-over-year).
- 2022: Revenue of $80K, expenses of $56K, and assets of $255K (revenue +15.6% year-over-year).
- 2021: Revenue of $69K, expenses of $42K, and assets of $232K (revenue +112.9% year-over-year).
- 2020: Revenue of $33K, expenses of $59K, and assets of $203K (revenue -63.1% year-over-year).
- 2019: Revenue of $88K, expenses of $82K, and assets of $229K (revenue +6.0% year-over-year).
- 2018: Revenue of $83K, expenses of $67K, and assets of $223K (revenue -13.1% year-over-year).
- 2017: Revenue of $96K, expenses of $81K, and assets of $207K (revenue +4.8% year-over-year).
- 2016: Revenue of $91K, expenses of $96K, and assets of $192K (revenue -4.3% year-over-year).
- 2015: Revenue of $95K, expenses of $75K, and assets of $196K (revenue -11.5% year-over-year).
- 2014: Revenue of $108K, expenses of $88K, and assets of $177K (revenue +5.8% year-over-year).
- 2013: Revenue of $102K, expenses of $87K, and assets of $156K (revenue +0.7% year-over-year).
- 2012: Revenue of $101K, expenses of $90K, and assets of $141K (revenue +14.9% year-over-year).
- 2011: Revenue of $88K, expenses of $63K, and assets of $131K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bangor Travel Soccer Club:
Data Sources and Methodology
This transparency report for Bangor Travel Soccer Club 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.