Carolina Youth Soccer Assn Inc
EIN: 581391303 · Chapel Hill, NC · NTEE: O50Z
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.3M |
| Net Assets | $1.3M |
Is Carolina Youth Soccer Assn Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carolina Youth Soccer Assn Inc
Carolina Youth Soccer Assn Inc (EIN: 581391303) is a nonprofit organization based in Chapel Hill, NC, classified under NTEE code O50Z. The organization reported total revenue of $2.3M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carolina Youth Soccer Assn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carolina Youth Soccer Assn Inc is a mid-size nonprofit that has been operating for 30 years, with 15 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$64K |
| Total Assets | $1.8M |
| Total Liabilities | $447K |
| Net Assets | $1.3M |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 25.5% |
| Months of Reserves | 9.3 months |
Financial Health Grade: A
In 2023, Carolina Youth Soccer Assn Inc reported a surplus of $64K with revenue exceeding expenses, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 25.5% (moderate leverage).
Financial Trends
Over 15 years of filings (2009–2023), Carolina Youth Soccer Assn Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.4% | +14.5% | +5.3% |
| 2022 | +7.0% | +11.7% | +23.9% |
| 2021 | -18.4% | -5.6% | +31.8% |
| 2020 | +2.8% | -31.2% | +27.4% |
| 2019 | -2.6% | +30.7% | -26.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carolina Youth Soccer Assn Inc 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 Carolina Youth Soccer Assn Inc 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 surplus of $64K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.5%.
Frequently Asked Questions about Carolina Youth Soccer Assn Inc
Is Carolina Youth Soccer Assn Inc a legitimate charity?
Carolina Youth Soccer Assn Inc (EIN: 581391303) is a registered tax-exempt nonprofit based in North Carolina. It has 15 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. Financial health grade: A.
How does Carolina Youth Soccer Assn Inc spend its money?
Carolina Youth Soccer Assn Inc reported $2.3M in total revenue in IRS 990 filings. 15 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carolina Youth Soccer Assn Inc tax-deductible?
Carolina Youth Soccer Assn Inc is registered as a tax-exempt nonprofit (EIN: 581391303). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carolina Youth Soccer Assn Inc located?
Carolina Youth Soccer Assn Inc is headquartered in Chapel Hill, North Carolina and files with the IRS under EIN 581391303. It is classified under NTEE code O50Z.
How many years of IRS 990 filings does Carolina Youth Soccer Assn Inc have?
Carolina Youth Soccer Assn Inc has 15 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 $2.3M in total revenue.
Filing History
IRS 990 filing history for Carolina Youth Soccer Assn Inc showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2009–2023), Carolina Youth Soccer Assn Inc's revenue has grown by 137%, moving from $987K to $2.3M. Total assets increased by 308.7% over the same period, from $429K to $1.8M. Total functional expenses rose by 130.9%, from $985K to $2.3M. In its most recent filing year (2023), Carolina Youth Soccer Assn Inc reported a surplus of $64K, with revenue exceeding expenses. The organization holds $447K in liabilities against $1.8M in assets (debt-to-asset ratio: 25.5%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.3M | $1.8M | $447K | — | View 990 |
| 2022 | $2.0M | $2.0M | $1.7M | $423K | — | View 990 |
| 2021 | $1.9M | $1.8M | $1.3M | $217K | — | View 990 |
| 2020 | $2.3M | $1.9M | $1.0M | $7K | — | View 990 |
| 2019 | $2.3M | $2.7M | $802K | $222K | — | View 990 |
| 2018 | $2.3M | $2.1M | $1.1M | $34K | — | View 990 |
| 2017 | $3.3M | $3.1M | $859K | $17K | — | View 990 |
| 2016 | $2.7M | $2.5M | $709K | $13K | — | View 990 |
| 2015 | $1.7M | $1.5M | $576K | $11K | — | View 990 |
| 2014 | $1.5M | $1.4M | $555K | $174K | — | View 990 |
| 2013 | $1.5M | $1.4M | $453K | $212K | — | View 990 |
| 2012 | $1.5M | $1.5M | $402K | $244K | — | View 990 |
| 2011 | $1.3M | $1.3M | $435K | $345K | — | View 990 |
| 2010 | $1.1M | $1.1M | $531K | $443K | — | View 990 |
| 2009 | $987K | $985K | $429K | $345K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.3M, and assets of $1.8M (revenue +15.4% year-over-year).
- 2022: Revenue of $2.0M, expenses of $2.0M, and assets of $1.7M (revenue +7.0% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.8M, and assets of $1.3M (revenue -18.4% year-over-year).
- 2020: Revenue of $2.3M, expenses of $1.9M, and assets of $1.0M (revenue +2.8% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.7M, and assets of $802K (revenue -2.6% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.1M, and assets of $1.1M (revenue -28.8% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.1M, and assets of $859K (revenue +22.5% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.5M, and assets of $709K (revenue +53.6% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.5M, and assets of $576K (revenue +13.3% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.4M, and assets of $555K (revenue -0.2% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $453K (revenue -1.0% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $402K (revenue +22.7% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $435K (revenue +15.1% year-over-year).
- 2010: Revenue of $1.1M, expenses of $1.1M, and assets of $531K (revenue +11.0% year-over-year).
- 2009: Revenue of $987K, expenses of $985K, and assets of $429K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carolina Youth Soccer Assn Inc:
Data Sources and Methodology
This transparency report for Carolina Youth Soccer Assn 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.