Bolingbrook Soccer Club Of Illinois
EIN: 261542423 · Bolingbrook, IL · NTEE: N64
Is Bolingbrook Soccer Club Of Illinois Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bolingbrook Soccer Club Of Illinois
Bolingbrook Soccer Club Of Illinois (EIN: 261542423) is a nonprofit organization based in Bolingbrook, IL, classified under NTEE code N64. The organization reported total revenue of $732K and total assets of $445K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bolingbrook Soccer Club Of Illinois's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bolingbrook Soccer Club Of Illinois is a small nonprofit that has been operating for 2 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $617K |
| Total Expenses | $685K |
| Surplus / Deficit | $-67,328 |
| Total Assets | $329K |
| Net Assets | $329K |
| Operating Margin | -10.9% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2023, Bolingbrook Soccer Club Of Illinois reported a deficit of $67K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2010–2023), Bolingbrook Soccer Club Of Illinois's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.2% | +14.5% | -17.8% |
| 2022 | +387.3% | +160.7% | +78.1% |
| 2021 | -64.0% | -56.9% | -23.9% |
| 2020 | -22.8% | -6.5% | -23.6% |
| 2019 | -3.9% | +10.2% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bolingbrook Soccer Club Of Illinois 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 Bolingbrook Soccer Club Of Illinois 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 $67K, with expenses exceeding revenue.
Frequently Asked Questions about Bolingbrook Soccer Club Of Illinois
Is Bolingbrook Soccer Club Of Illinois a legitimate charity?
Based on AI analysis of IRS 990 filings, Bolingbrook Soccer Club Of Illinois (EIN: 261542423) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bolingbrook Soccer Club Of Illinois spend its money?
Detailed spending breakdown data is not yet available for Bolingbrook Soccer Club Of Illinois. Check back for updated IRS 990 analysis.
Are donations to Bolingbrook Soccer Club Of Illinois tax-deductible?
Bolingbrook Soccer Club Of Illinois is registered as a tax-exempt nonprofit (EIN: 261542423). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Bolingbrook Soccer Club Of Illinois showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Bolingbrook Soccer Club Of Illinois's revenue has grown by 63.4%, moving from $378K to $617K. Total assets increased by 547.7% over the same period, from $51K to $329K. Total functional expenses rose by 82.7%, from $375K to $685K. In its most recent filing year (2023), Bolingbrook Soccer Club Of Illinois reported a deficit of $67K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $617K | $685K | $329K | $0 | — | View 990 |
| 2022 | $774K | $598K | $401K | $0 | — | — |
| 2021 | $159K | $229K | $225K | $0 | — | — |
| 2020 | $441K | $532K | $296K | $0 | — | — |
| 2019 | $571K | $569K | $387K | $0 | — | — |
| 2018 | $594K | $516K | $385K | $0 | — | View 990 |
| 2017 | $578K | $527K | $302K | $0 | — | View 990 |
| 2016 | $435K | $329K | $250K | $0 | — | View 990 |
| 2015 | $456K | $452K | $144K | $0 | — | View 990 |
| 2014 | $297K | $261K | $140K | $0 | — | View 990 |
| 2013 | $389K | $390K | $105K | $0 | — | — |
| 2012 | $378K | $334K | $106K | $0 | — | View 990 |
| 2011 | $135K | $124K | $62K | $0 | — | View 990 |
| 2010 | $378K | $375K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $617K, expenses of $685K, and assets of $329K (revenue -20.2% year-over-year).
- 2022: Revenue of $774K, expenses of $598K, and assets of $401K (revenue +387.3% year-over-year).
- 2021: Revenue of $159K, expenses of $229K, and assets of $225K (revenue -64.0% year-over-year).
- 2020: Revenue of $441K, expenses of $532K, and assets of $296K (revenue -22.8% year-over-year).
- 2019: Revenue of $571K, expenses of $569K, and assets of $387K (revenue -3.9% year-over-year).
- 2018: Revenue of $594K, expenses of $516K, and assets of $385K (revenue +2.8% year-over-year).
- 2017: Revenue of $578K, expenses of $527K, and assets of $302K (revenue +32.9% year-over-year).
- 2016: Revenue of $435K, expenses of $329K, and assets of $250K (revenue -4.7% year-over-year).
- 2015: Revenue of $456K, expenses of $452K, and assets of $144K (revenue +53.9% year-over-year).
- 2014: Revenue of $297K, expenses of $261K, and assets of $140K (revenue -23.8% year-over-year).
- 2013: Revenue of $389K, expenses of $390K, and assets of $105K (revenue +3.1% year-over-year).
- 2012: Revenue of $378K, expenses of $334K, and assets of $106K (revenue +179.6% year-over-year).
- 2011: Revenue of $135K, expenses of $124K, and assets of $62K (revenue -64.3% year-over-year).
- 2010: Revenue of $378K, expenses of $375K, and assets of $51K.
Data Sources and Methodology
This transparency report for Bolingbrook Soccer Club Of Illinois 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.