Bedford Soccer League Inc
Bedford Soccer League Inc. faces declining assets and consistent deficits despite zero officer compensation.
EIN: 20340440 · Bedford, NH · NTEE: N64Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6K |
| Total Expenses | $32K |
| Program Spending | 85% |
| Net Assets | $148K |
| Transparency Score | 65/100 |
Is Bedford Soccer League Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bedford Soccer League Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bedford Soccer League Inc
Bedford Soccer League Inc (EIN: 20340440) is a nonprofit organization based in Bedford, NH, classified under NTEE code N64Z. The organization reported total revenue of $6K and total assets of $79K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bedford Soccer League Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bedford Soccer League Inc is a micro nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -30.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $32K |
| Surplus / Deficit | $-26,933 |
| Total Assets | $148K |
| Net Assets | $148K |
| Operating Margin | -519.5% |
| Months of Reserves | 55.3 months |
Financial Health Grade: B
In 2023, Bedford Soccer League Inc reported a deficit of $27K with expenses exceeding revenue, holds 55.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Bedford Soccer League Inc's revenue has declined at a compound annual growth rate (CAGR) of -30.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.2% | +600.9% | -15.4% |
| 2022 | +24352.0% | -79.1% | +0.9% |
| 2021 | -99.9% | -62.6% | -11.2% |
| 2020 | -2.0% | +40.6% | -14.1% |
| 2019 | -14.6% | +1.1% | -6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Bedford Soccer League Inc with a Mission Score of 65 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bedford Soccer League Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $27K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is likely volunteer-run and directs all funds to its mission rather than executive salaries, which is highly commendable for an organization of 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 Bedford Soccer League Inc's IRS 990 filings:
- Consistent decline in assets over the past decade (from $548,621 in 2014 to $79,114 currently).
- Frequent periods where expenses significantly exceed revenue (e.g., 2023: $32,117 expenses vs. $5,184 revenue; 2020: $58,525 expenses vs. $26,583 revenue).
- Negative revenue reported in 2016 ($-126,905), which is highly unusual and warrants investigation.
Strengths
The following positive indicators were identified for Bedford Soccer League Inc:
- Zero officer compensation reported across all filings, indicating a volunteer-driven model and efficient use of funds for leadership.
- No reported liabilities in recent years (2016-2023), suggesting good management of debt.
- Long filing history (13 filings) indicates consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Bedford Soccer League Inc
Is Bedford Soccer League Inc a legitimate charity?
Bedford Soccer League Inc (EIN: 20340440) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $6K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Bedford Soccer League Inc spend its money?
Bedford Soccer League Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bedford Soccer League Inc tax-deductible?
Bedford Soccer League Inc is registered as a tax-exempt nonprofit (EIN: 20340440). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bedford Soccer League Inc's spending goes to programs?
Bedford Soccer League Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bedford Soccer League Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Bedford Soccer League Inc is above average for NTEE category N64Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bedford Soccer League Inc located?
Bedford Soccer League Inc is headquartered in Bedford, New Hampshire and files with the IRS under EIN 20340440. It is classified under NTEE code N64Z.
How many years of IRS 990 filings does Bedford Soccer League Inc have?
Bedford Soccer League Inc 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 $6K in total revenue.
Is Bedford Soccer League Inc. financially sustainable?
The organization's financial sustainability is questionable given that expenses frequently exceed revenue (e.g., $32,117 expenses vs. $5,184 revenue in 2023) and its assets have significantly declined from $548,621 in 2014 to $79,114 currently.
Why have the organization's assets decreased so dramatically?
The consistent decline in assets, from over $500,000 in 2014-2015 to under $80,000 currently, suggests that the organization has been drawing down its reserves, possibly to cover operational deficits or for significant capital expenditures not detailed in the provided data.
What is the primary source of the organization's revenue?
The provided data only shows total revenue figures, not specific sources. Given the nature of a soccer league, revenue likely comes from registration fees, sponsorships, and potentially donations, but a detailed breakdown is not available.
How does the organization manage its expenses given the low revenue?
With revenues often significantly lower than expenses (e.g., $5,184 revenue vs. $32,117 expenses in 2023), the organization appears to be managing expenses by utilizing its declining asset base or through significant volunteer efforts that reduce personnel costs, as evidenced by 0% officer compensation.
Filing History
IRS 990 filing history for Bedford Soccer League Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bedford Soccer League Inc's revenue has declined by 98.8%, moving from $425K to $5K. Total assets decreased by 78.8% over the same period, from $697K to $148K. Total functional expenses fell by 93%, from $458K to $32K. In its most recent filing year (2023), Bedford Soccer League Inc reported a deficit of $27K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $32K | $148K | $0 | — | View 990 |
| 2022 | $6K | $5K | $175K | $0 | — | — |
| 2021 | $25 | $22K | $173K | $0 | — | — |
| 2020 | $27K | $59K | $195K | $0 | — | View 990 |
| 2019 | $27K | $42K | $227K | $0 | — | View 990 |
| 2018 | $32K | $41K | $242K | $0 | — | View 990 |
| 2017 | $22K | $35K | $251K | $0 | — | View 990 |
| 2016 | $-126,905 | $18K | $264K | $0 | — | View 990 |
| 2015 | $63K | $60K | $530K | $121K | — | View 990 |
| 2014 | $63K | $66K | $549K | $143K | — | View 990 |
| 2013 | $47K | $77K | $573K | $164K | — | View 990 |
| 2012 | $160K | $216K | $623K | $183K | — | View 990 |
| 2011 | $425K | $458K | $697K | $201K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $32K, and assets of $148K (revenue -15.2% year-over-year).
- 2022: Revenue of $6K, expenses of $5K, and assets of $175K (revenue +24352.0% year-over-year).
- 2021: Revenue of $25, expenses of $22K, and assets of $173K (revenue -99.9% year-over-year).
- 2020: Revenue of $27K, expenses of $59K, and assets of $195K (revenue -2.0% year-over-year).
- 2019: Revenue of $27K, expenses of $42K, and assets of $227K (revenue -14.6% year-over-year).
- 2018: Revenue of $32K, expenses of $41K, and assets of $242K (revenue +42.7% year-over-year).
- 2017: Revenue of $22K, expenses of $35K, and assets of $251K.
- 2016: Revenue of $-126,905, expenses of $18K, and assets of $264K (revenue -301.4% year-over-year).
- 2015: Revenue of $63K, expenses of $60K, and assets of $530K (revenue +0.8% year-over-year).
- 2014: Revenue of $63K, expenses of $66K, and assets of $549K (revenue +32.9% year-over-year).
- 2013: Revenue of $47K, expenses of $77K, and assets of $573K (revenue -70.6% year-over-year).
- 2012: Revenue of $160K, expenses of $216K, and assets of $623K (revenue -62.4% year-over-year).
- 2011: Revenue of $425K, expenses of $458K, and assets of $697K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bedford Soccer League Inc:
Data Sources and Methodology
This transparency report for Bedford Soccer League Inc 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.