Brookfield Soccer Club Inc
Brookfield Soccer Club: Strong Program Spending, Declining Revenue
EIN: 223014808 · Brookfield, CT · NTEE: N64Z · Updated: 2026-04-04
Is Brookfield Soccer Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brookfield Soccer Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brookfield Soccer Club Inc
Brookfield Soccer Club Inc (EIN: 223014808) is a nonprofit organization based in Brookfield, CT, classified under NTEE code N64Z. The organization reported total revenue of $252K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brookfield Soccer Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brookfield Soccer Club Inc is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $204K |
| Total Expenses | $259K |
| Surplus / Deficit | $-55,209 |
| Total Assets | $75K |
| Net Assets | $75K |
| Operating Margin | -27.1% |
| Months of Reserves | 3.5 months |
Financial Health Grade: B
In 2023, Brookfield Soccer Club Inc reported a deficit of $55K with expenses exceeding revenue, holds 3.5 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Brookfield Soccer Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.3% | +99.5% | -42.6% |
| 2022 | +69.2% | +19.0% | +33.8% |
| 2021 | +436.1% | +351.4% | -11.8% |
| 2020 | -87.6% | -83.3% | -5.4% |
| 2019 | -9.0% | -8.7% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Brookfield Soccer Club Inc with a Mission Score of 75 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: 80%
- fundraising: 10%
According to IRS 990 filings, Brookfield Soccer Club Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $55K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization's 990-EZ filings indicate no compensation paid to officers, directors, trustees, or key employees, suggesting a volunteer-led structure.
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 Brookfield Soccer Club Inc's IRS 990 filings:
- Revenue has shown a significant decline from $220,750 in 2016 to $25,182 in 2023, raising concerns about long-term sustainability.
- The organization reported a net loss of $204,016 in 2023, with expenses exceeding revenue by a substantial margin.
- Total assets have decreased from $119,704 in 2016 to $50,924 in 2023, indicating a shrinking financial base.
Strengths
The following positive indicators were identified for Brookfield Soccer Club Inc:
- Historically, the organization has maintained low administrative and fundraising costs, with a high percentage of expenses directed towards programs.
- The organization appears to be volunteer-run, as no executive compensation is reported.
- Despite revenue fluctuations, the organization has consistently reported assets, indicating some financial stability.
Frequently Asked Questions about Brookfield Soccer Club Inc
Is Brookfield Soccer Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Brookfield Soccer Club Inc (EIN: 223014808) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Brookfield Soccer Club Inc spend its money?
Brookfield Soccer Club Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Brookfield Soccer Club Inc tax-deductible?
Brookfield Soccer Club Inc is registered as a tax-exempt nonprofit (EIN: 223014808). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Brookfield Soccer Club Inc do?
Brookfield Soccer Club Inc is a nonprofit organization in the Recreation & Sports sector, located in Brookfield, Connecticut. It is classified under NTEE code N64Z.
How much revenue does Brookfield Soccer Club Inc have?
Brookfield Soccer Club Inc reported total revenue of $251,821. Based on 13 IRS 990 filings on record.
What are Brookfield Soccer Club Inc's total assets?
Brookfield Soccer Club Inc holds total assets of $50,924 as reported in IRS 990 filings.
Where is Brookfield Soccer Club Inc located?
Brookfield Soccer Club Inc is based in Brookfield, Connecticut.
What is Brookfield Soccer Club Inc's EIN?
Brookfield Soccer Club Inc's Employer Identification Number (EIN) is 223014808. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Brookfield Soccer Club Inc?
Brookfield Soccer Club Inc is classified under NTEE code N64Z (Recreation & Sports).
Is Brookfield Soccer Club Inc a registered 501(c)(3)?
Yes, Brookfield Soccer Club Inc is recognized as a tax-exempt organization by the IRS. EIN: 223014808.
Does Brookfield Soccer Club Inc file IRS Form 990?
Yes, Brookfield Soccer Club Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Brookfield Soccer Club Inc's revenue in 2023?
In the 202312 filing period, Brookfield Soccer Club Inc reported total revenue of $204,016, total expenses of $259,225, and net assets of $74,572.
Is Brookfield Soccer Club Inc's revenue growing or declining?
Brookfield Soccer Club Inc's revenue is growing. Revenue went from $162,785 (202212) to $204,016 (202312), a +25.3% change. Based on 13 filings on record.
What is Brookfield Soccer Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Brookfield Soccer Club Inc covers tax period 202312. It shows revenue of $204,016, expenses of $259,225, total assets of $74,572, and liabilities of N/A.
How much does Brookfield Soccer Club Inc spend on programs vs administration?
Based on IRS 990 analysis, Brookfield Soccer Club Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Brookfield Soccer Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Brookfield Soccer Club Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Brookfield Soccer Club Inc?
The following concerns were identified: Revenue has shown a significant decline from $220,750 in 2016 to $25,182 in 2023, raising concerns about long-term sustainability.. The organization reported a net loss of $204,016 in 2023, with expenses exceeding revenue by a substantial margin.. Total assets have decreased from $119,704 in 2016 to $50,924 in 2023, indicating a shrinking financial base.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Brookfield Soccer Club Inc's strengths?
Positive indicators for Brookfield Soccer Club Inc include: Historically, the organization has maintained low administrative and fundraising costs, with a high percentage of expenses directed towards programs.. The organization appears to be volunteer-run, as no executive compensation is reported.. Despite revenue fluctuations, the organization has consistently reported assets, indicating some financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Brookfield Soccer Club Inc compensate executives?
The organization's 990-EZ filings indicate no compensation paid to officers, directors, trustees, or key employees, suggesting a volunteer-led structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant decline in revenue and substantial net loss in 2023, what is the organization's strategy to reverse these trends and ensure financial viability?
The provided data does not include strategic plans. The sharp drop in revenue from $204,016 in 2022 to $25,182 in 2023, coupled with expenses of $259,225 in 2023, suggests an urgent need for a revised financial strategy.
How does the organization plan to address the decreasing asset base, which has fallen from $119,704 in 2016 to $50,924 in 2023?
The consistent decline in assets indicates a potential depletion of reserves. Without further information, it's unclear if this is due to operational losses, asset sales, or other factors, and what plans are in place to rebuild the asset base.
Filing History
IRS 990 filing history for Brookfield Soccer Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brookfield Soccer Club Inc's revenue has grown by 57.5%, moving from $130K to $204K. Total assets decreased by 44% over the same period, from $133K to $75K. Total functional expenses rose by 210.7%, from $83K to $259K. In its most recent filing year (2023), Brookfield Soccer Club Inc reported a deficit of $55K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $204K | $259K | $75K | $0 | — | — |
| 2022 | $163K | $130K | $130K | $200 | — | — |
| 2021 | $96K | $109K | $97K | $200 | — | View 990 |
| 2020 | $18K | $24K | $110K | $200 | — | View 990 |
| 2019 | $145K | $145K | $116K | $200 | — | View 990 |
| 2018 | $159K | $159K | $116K | $200 | — | View 990 |
| 2017 | $179K | $183K | $116K | $200 | — | View 990 |
| 2016 | $221K | $230K | $120K | $200 | — | View 990 |
| 2015 | $182K | $190K | $129K | $200 | — | View 990 |
| 2014 | $139K | $143K | $137K | $200 | — | View 990 |
| 2013 | $126K | $128K | $142K | $200 | — | View 990 |
| 2012 | $134K | $122K | $145K | $200 | — | View 990 |
| 2011 | $130K | $83K | $133K | $200 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $204K, expenses of $259K, and assets of $75K (revenue +25.3% year-over-year).
- 2022: Revenue of $163K, expenses of $130K, and assets of $130K (revenue +69.2% year-over-year).
- 2021: Revenue of $96K, expenses of $109K, and assets of $97K (revenue +436.1% year-over-year).
- 2020: Revenue of $18K, expenses of $24K, and assets of $110K (revenue -87.6% year-over-year).
- 2019: Revenue of $145K, expenses of $145K, and assets of $116K (revenue -9.0% year-over-year).
- 2018: Revenue of $159K, expenses of $159K, and assets of $116K (revenue -11.0% year-over-year).
- 2017: Revenue of $179K, expenses of $183K, and assets of $116K (revenue -18.9% year-over-year).
- 2016: Revenue of $221K, expenses of $230K, and assets of $120K (revenue +21.5% year-over-year).
- 2015: Revenue of $182K, expenses of $190K, and assets of $129K (revenue +31.0% year-over-year).
- 2014: Revenue of $139K, expenses of $143K, and assets of $137K (revenue +10.3% year-over-year).
- 2013: Revenue of $126K, expenses of $128K, and assets of $142K (revenue -5.9% year-over-year).
- 2012: Revenue of $134K, expenses of $122K, and assets of $145K (revenue +3.2% year-over-year).
- 2011: Revenue of $130K, expenses of $83K, and assets of $133K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brookfield Soccer Club Inc:
Data Sources and Methodology
This transparency report for Brookfield Soccer Club 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.