Cape Express Soccer Club
Cape Express Soccer Club: Strong Asset Base, Inconsistent Revenue
EIN: 222525733 · Cape May Ch, NJ · NTEE: N64 · Updated: 2026-04-04
About Cape Express Soccer Club
Cape Express Soccer Club (EIN: 222525733) is a nonprofit organization based in Cape May Ch, NJ, classified under NTEE code N64. The organization reported total revenue of $799K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cape Express Soccer Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cape Express Soccer Club 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, Cape Express Soccer Club 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.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or externally compensated leadership 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 Cape Express Soccer Club's IRS 990 filings:
- Significant year-over-year revenue fluctuations (e.g., $614,822 in 2018 vs. $57,987 in 2020) without clear explanations.
- Lack of detailed program service accomplishments in the provided data makes impact assessment challenging.
Strengths
The following positive indicators were identified for Cape Express Soccer Club:
- Strong and consistent asset base, exceeding $1 million in most years, suggesting financial stability.
- Low liabilities reported in most years, indicating good financial health.
- Consistent reporting of $0 executive compensation, potentially maximizing funds for programs.
Frequently Asked Questions about Cape Express Soccer Club
What does Cape Express Soccer Club do?
Cape Express Soccer Club is a nonprofit organization in the Recreation & Sports sector, located in Cape May Ch, New Jersey. It is classified under NTEE code N64.
How much revenue does Cape Express Soccer Club have?
Cape Express Soccer Club reported total revenue of $798,763. Based on 11 IRS 990 filings on record.
What are Cape Express Soccer Club's total assets?
Cape Express Soccer Club holds total assets of $1,338,815 as reported in IRS 990 filings.
Where is Cape Express Soccer Club located?
Cape Express Soccer Club is based in Cape May Ch, New Jersey.
What is Cape Express Soccer Club's EIN?
Cape Express Soccer Club's Employer Identification Number (EIN) is 222525733. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Cape Express Soccer Club?
Cape Express Soccer Club is classified under NTEE code N64 (Recreation & Sports).
Is Cape Express Soccer Club a registered 501(c)(3)?
Yes, Cape Express Soccer Club is recognized as a tax-exempt organization by the IRS. EIN: 222525733.
Does Cape Express Soccer Club file IRS Form 990?
Yes, Cape Express Soccer Club has 11 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Cape Express Soccer Club's revenue in 2023?
In the 202306 filing period, Cape Express Soccer Club reported total revenue of $567,654, total expenses of $516,333, and net assets of $1,159,657.
Is Cape Express Soccer Club's revenue growing or declining?
Cape Express Soccer Club's revenue is growing. Revenue went from $527,081 (202206) to $567,654 (202306), a +7.7% change. Based on 11 filings on record.
What is Cape Express Soccer Club's most recent 990 filing?
The most recent IRS Form 990 filing for Cape Express Soccer Club covers tax period 202306. It shows revenue of $567,654, expenses of $516,333, total assets of $1,159,657, and liabilities of $17,101.
How much does Cape Express Soccer Club spend on programs vs administration?
Based on IRS 990 analysis, Cape Express Soccer Club allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Cape Express Soccer Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Cape Express Soccer Club appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Cape Express Soccer Club?
The following concerns were identified: Significant year-over-year revenue fluctuations (e.g., $614,822 in 2018 vs. $57,987 in 2020) without clear explanations.. Lack of detailed program service accomplishments in the provided data makes impact assessment challenging.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Cape Express Soccer Club's strengths?
Positive indicators for Cape Express Soccer Club include: Strong and consistent asset base, exceeding $1 million in most years, suggesting financial stability.. Low liabilities reported in most years, indicating good financial health.. Consistent reporting of $0 executive compensation, potentially maximizing funds for programs.. These findings are derived from AI analysis of the organization's financial filings.
How does Cape Express Soccer Club compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or externally compensated leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Cape Express Soccer Club?
• The organization consistently reports 0% compensation for officers, directors, trustees, and key employees across all available filings. • Detailed program service accomplishments are not readily available in the provided data, making it difficult to assess program effectiveness. • Financial statements show a consistent asset base, but revenue fluctuates significantly year-over-year. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of $0 executive compensation, how does Cape Express Soccer Club manage its administrative and leadership functions?
The consistent $0 executive compensation suggests that leadership roles are either filled by volunteers, or compensation is covered through other means not reported in the provided filings, such as through an affiliated entity or direct reimbursement of expenses rather than salary.
What factors contribute to the substantial swings in reported revenue, such as the drop from $614,822 in 2018 to $57,987 in 2020, and how does the club mitigate the impact of such volatility?
The significant revenue fluctuations could be due to various factors like event-based fundraising, grant cycles, or membership changes. The club's ability to maintain a strong asset base despite these swings suggests effective financial management and potentially reliance on reserves or other stable funding sources during low-revenue periods.
Filing History
IRS 990 filing history for Cape Express Soccer Club showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Cape Express Soccer Club's revenue has grown by 41.8%, moving from $400K to $568K. Total assets increased by 45.5% over the same period, from $797K to $1.2M. Total functional expenses rose by 62%, from $319K to $516K. In its most recent filing year (2023), Cape Express Soccer Club reported a surplus of $51K, with revenue exceeding expenses. The organization holds $17K in liabilities against $1.2M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $568K | $516K | $1.2M | $17K | — | View 990 |
| 2022 | $527K | $412K | $1.2M | $83K | — | View 990 |
| 2021 | $333K | $304K | $1.1M | $143K | — | View 990 |
| 2020 | $58K | $302K | $1.1M | $160K | — | View 990 |
| 2019 | $496K | $483K | $1.4M | $198K | — | View 990 |
| 2018 | $615K | $469K | $1.4M | $245K | — | View 990 |
| 2017 | $352K | $503K | $1.0M | $0 | — | View 990 |
| 2016 | $601K | $296K | $1.2M | $0 | — | View 990 |
| 2015 | $271K | $325K | $886K | $7K | — | View 990 |
| 2014 | $477K | $237K | $1.0M | $20K | — | View 990 |
| 2013 | $400K | $319K | $797K | $13K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $568K, expenses of $516K, and assets of $1.2M (revenue +7.7% year-over-year).
- 2022: Revenue of $527K, expenses of $412K, and assets of $1.2M (revenue +58.2% year-over-year).
- 2021: Revenue of $333K, expenses of $304K, and assets of $1.1M (revenue +474.7% year-over-year).
- 2020: Revenue of $58K, expenses of $302K, and assets of $1.1M (revenue -88.3% year-over-year).
- 2019: Revenue of $496K, expenses of $483K, and assets of $1.4M (revenue -19.3% year-over-year).
- 2018: Revenue of $615K, expenses of $469K, and assets of $1.4M (revenue +74.6% year-over-year).
- 2017: Revenue of $352K, expenses of $503K, and assets of $1.0M (revenue -41.4% year-over-year).
- 2016: Revenue of $601K, expenses of $296K, and assets of $1.2M (revenue +121.7% year-over-year).
- 2015: Revenue of $271K, expenses of $325K, and assets of $886K (revenue -43.2% year-over-year).
- 2014: Revenue of $477K, expenses of $237K, and assets of $1.0M (revenue +19.1% year-over-year).
- 2013: Revenue of $400K, expenses of $319K, and assets of $797K.
Data Sources and Methodology
This transparency report for Cape Express 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.