Blue Knights Soccer Club
Blue Knights Soccer Club faces recent operating deficits despite maintaining a healthy asset base and reporting no officer compensation.
EIN: 10962201 · Sandy, UT · NTEE: N64 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $232K |
| Total Expenses | $354K |
| Program Spending | 85% |
| Net Assets | $105K |
| Transparency Score | 88/100 |
Is Blue Knights Soccer Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blue Knights Soccer Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blue Knights Soccer Club
Blue Knights Soccer Club (EIN: 10962201) is a nonprofit organization based in Sandy, UT, classified under NTEE code N64. The organization reported total revenue of $232K and total assets of $103K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Knights Soccer Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blue Knights Soccer Club is a small nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $326K |
| Total Expenses | $354K |
| Surplus / Deficit | $-27,937 |
| Total Assets | $150K |
| Total Liabilities | $44K |
| Net Assets | $105K |
| Operating Margin | -8.6% |
| Debt-to-Asset Ratio | 29.7% |
| Months of Reserves | 5.1 months |
Financial Health Grade: B
In 2023, Blue Knights Soccer Club reported a deficit of $28K with expenses exceeding revenue, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 29.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Blue Knights Soccer Club's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.8% | -6.5% | -14.8% |
| 2022 | -2.5% | -9.2% | +10.7% |
| 2021 | +29.7% | +0.5% | -0.7% |
| 2020 | -32.6% | -23.5% | -8.9% |
| 2019 | -4.3% | +8.9% | -24.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
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 Blue Knights Soccer Club with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Blue Knights Soccer Club 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 $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.7%.
Executive Compensation Analysis
Blue Knights Soccer Club consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries. This suggests a volunteer-led or very lean administrative structure, directing more resources towards its program services.
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 Blue Knights Soccer Club's IRS 990 filings:
- Operating deficits in recent years (e.g., $27,937 in 2023, $85,267 in 2020)
- Declining revenue trend from $416,808 in 2022 to $326,080 in 2023
Strengths
The following positive indicators were identified for Blue Knights Soccer Club:
- Consistent 0% officer compensation across all filings
- Healthy asset base ($149,649 in 2023) relative to liabilities ($44,405 in 2023)
- Long history of IRS 990 filings (13 filings) demonstrating transparency and compliance
- Strong program focus implied by NTEE code and lack of executive compensation
Frequently Asked Questions about Blue Knights Soccer Club
Is Blue Knights Soccer Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Blue Knights Soccer Club (EIN: 10962201) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Blue Knights Soccer Club spend its money?
Blue Knights Soccer Club directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Blue Knights Soccer Club tax-deductible?
Blue Knights Soccer Club is registered as a tax-exempt nonprofit (EIN: 10962201). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Blue Knights Soccer Club's spending goes to programs?
Blue Knights Soccer Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Blue Knights Soccer Club compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Blue Knights 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 Blue Knights Soccer Club located?
Blue Knights Soccer Club is headquartered in Sandy, Utah and files with the IRS under EIN 10962201. It is classified under NTEE code N64.
How many years of IRS 990 filings does Blue Knights Soccer Club have?
Blue Knights 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 $232K in total revenue.
Is Blue Knights Soccer Club a good charity?
Based on the available IRS 990 data, Blue Knights Soccer Club appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation, indicating a strong commitment to program spending. While it has experienced recent operating deficits, its asset base remains solid, and its mission aligns with community youth sports.
What caused the recent decline in revenue?
The IRS 990 data alone does not specify the exact causes for the decline in revenue from $416,808 in 2022 to $326,080 in 2023. Potential factors could include decreased participation, changes in sponsorship, or broader economic conditions affecting donations and fees.
How does the organization cover its operating deficits?
In periods of operating deficits, such as the $27,937 deficit in 2023 and $85,267 in 2020, the organization likely draws from its accumulated net assets or reserves. Its healthy asset base of $149,649 in 2023 provides a buffer for such shortfalls.
Filing History
IRS 990 filing history for Blue Knights Soccer Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Blue Knights Soccer Club's revenue has grown by 172.5%, moving from $120K to $326K. Total assets increased by 279.5% over the same period, from $39K to $150K. Total functional expenses rose by 230.6%, from $107K to $354K. In its most recent filing year (2023), Blue Knights Soccer Club reported a deficit of $28K, with expenses exceeding revenue. The organization holds $44K in liabilities against $150K in assets (debt-to-asset ratio: 29.7%), resulting in net assets of $105K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $326K | $354K | $150K | $44K | — | — |
| 2022 | $417K | $378K | $176K | $42K | — | — |
| 2021 | $428K | $417K | $159K | $64K | — | View 990 |
| 2020 | $330K | $415K | $160K | $76K | — | View 990 |
| 2019 | $489K | $542K | $175K | $6K | — | View 990 |
| 2018 | $511K | $498K | $233K | $10K | — | View 990 |
| 2017 | $474K | $422K | $218K | $8K | — | View 990 |
| 2016 | $461K | $412K | $185K | $26K | — | View 990 |
| 2015 | $509K | $454K | $124K | $14K | — | View 990 |
| 2014 | $325K | $328K | $74K | $20K | — | View 990 |
| 2013 | $282K | $290K | $85K | $28K | — | View 990 |
| 2012 | $261K | $209K | $99K | $34K | — | View 990 |
| 2011 | $120K | $107K | $39K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $326K, expenses of $354K, and assets of $150K (revenue -21.8% year-over-year).
- 2022: Revenue of $417K, expenses of $378K, and assets of $176K (revenue -2.5% year-over-year).
- 2021: Revenue of $428K, expenses of $417K, and assets of $159K (revenue +29.7% year-over-year).
- 2020: Revenue of $330K, expenses of $415K, and assets of $160K (revenue -32.6% year-over-year).
- 2019: Revenue of $489K, expenses of $542K, and assets of $175K (revenue -4.3% year-over-year).
- 2018: Revenue of $511K, expenses of $498K, and assets of $233K (revenue +7.8% year-over-year).
- 2017: Revenue of $474K, expenses of $422K, and assets of $218K (revenue +2.9% year-over-year).
- 2016: Revenue of $461K, expenses of $412K, and assets of $185K (revenue -9.5% year-over-year).
- 2015: Revenue of $509K, expenses of $454K, and assets of $124K (revenue +56.7% year-over-year).
- 2014: Revenue of $325K, expenses of $328K, and assets of $74K (revenue +15.3% year-over-year).
- 2013: Revenue of $282K, expenses of $290K, and assets of $85K (revenue +7.8% year-over-year).
- 2012: Revenue of $261K, expenses of $209K, and assets of $99K (revenue +118.5% year-over-year).
- 2011: Revenue of $120K, expenses of $107K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blue Knights Soccer Club:
Data Sources and Methodology
This transparency report for Blue Knights 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.