Casco Bay Soccer Club
Casco Bay Soccer Club maintains stable finances with volunteer leadership and growing assets.
EIN: 10434765 · Cape Eliz, ME · NTEE: N64 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $95K |
| Total Expenses | $89K |
| Program Spending | 90% |
| Net Assets | $36K |
| Transparency Score | 92/100 |
Is Casco Bay Soccer Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Casco Bay Soccer Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Casco Bay Soccer Club
Casco Bay Soccer Club (EIN: 10434765) is a nonprofit organization based in Cape Eliz, ME, classified under NTEE code N64. The organization reported total revenue of $95K and total assets of $32K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Casco Bay Soccer Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Casco Bay Soccer Club is a micro nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $89K |
| Surplus / Deficit | +$4K |
| Total Assets | $36K |
| Net Assets | $36K |
| Operating Margin | 4.7% |
| Months of Reserves | 4.9 months |
Financial Health Grade: A
In 2023, Casco Bay Soccer Club reported a surplus of $4K with revenue exceeding expenses, holds 4.9 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Casco Bay Soccer Club's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.3% | +25.4% | +14.0% |
| 2022 | +1.8% | +36.3% | -29.2% |
| 2020 | -100.0% | -100.0% | -100.0% |
| 2019 | +9.0% | +13.6% | +21.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Casco Bay Soccer Club with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Casco Bay Soccer Club allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size.
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 Casco Bay Soccer Club's IRS 990 filings:
- Revenue fluctuations, such as the dip in 202212 where expenses exceeded revenue by $13,076, could pose minor operational challenges if not managed with sufficient reserves.
Strengths
The following positive indicators were identified for Casco Bay Soccer Club:
- Consistent 0% officer compensation across all filings, indicating a volunteer-driven model and high efficiency.
- Zero liabilities reported in all available filings, demonstrating strong financial management and no debt burden.
- Steady growth in assets from $550 in 2014 to $36,091 in 2023, indicating financial stability and accumulation of reserves.
- High program spending efficiency due to minimal administrative overhead.
- Excellent transparency with 13 consistent IRS 990 filings.
Frequently Asked Questions about Casco Bay Soccer Club
Is Casco Bay Soccer Club a legitimate charity?
Casco Bay Soccer Club (EIN: 10434765) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $95K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Casco Bay Soccer Club spend its money?
Casco Bay Soccer Club directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Casco Bay Soccer Club tax-deductible?
Casco Bay Soccer Club is registered as a tax-exempt nonprofit (EIN: 10434765). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Casco Bay Soccer Club compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Casco Bay 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 Casco Bay Soccer Club located?
Casco Bay Soccer Club is headquartered in Cape Eliz, Maine and files with the IRS under EIN 10434765. It is classified under NTEE code N64.
How many years of IRS 990 filings does Casco Bay Soccer Club have?
Casco Bay 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 $95K in total revenue.
Is Casco Bay Soccer Club a good charity?
Based on its financial data, Casco Bay Soccer Club appears to be a very good charity. It operates with 0% officer compensation, maintains zero liabilities, and consistently directs its funds towards its mission, as evidenced by its strong program spending efficiency.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $550 in 2014 to $36,091 in 2023. While revenue and expenses fluctuate annually, the long-term trend shows responsible management and accumulation of reserves.
What is the primary source of funding for Casco Bay Soccer Club?
The IRS 990 data indicates that the organization's revenue primarily comes from program service revenue, consistent with a local sports club. For example, in 202312, revenue was $93,591, likely from fees and registrations.
Filing History
IRS 990 filing history for Casco Bay Soccer Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Casco Bay Soccer Club's revenue has grown by 39.1%, moving from $67K to $94K. Total assets increased by 97.8% over the same period, from $18K to $36K. Total functional expenses rose by 29.9%, from $69K to $89K. In its most recent filing year (2023), Casco Bay Soccer Club reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $89K | $36K | $0 | — | View 990 |
| 2022 | $58K | $71K | $32K | $0 | — | View 990 |
| 2021 | $57K | $52K | $45K | $0 | — | View 990 |
| 2020 | $0 | $0 | $0 | $0 | — | View 990 |
| 2019 | $65K | $62K | $20K | $0 | — | View 990 |
| 2018 | $60K | $54K | $16K | $0 | — | View 990 |
| 2017 | $70K | $65K | $11K | $0 | — | View 990 |
| 2016 | $72K | $70K | $6K | $0 | — | View 990 |
| 2015 | $77K | $73K | $4K | $0 | — | View 990 |
| 2014 | $74K | $73K | $550 | $0 | — | View 990 |
| 2013 | $92K | $94K | $10 | $0 | — | View 990 |
| 2012 | $65K | $81K | $2K | $0 | — | View 990 |
| 2011 | $67K | $69K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $94K, expenses of $89K, and assets of $36K (revenue +61.3% year-over-year).
- 2022: Revenue of $58K, expenses of $71K, and assets of $32K (revenue +1.8% year-over-year).
- 2021: Revenue of $57K, expenses of $52K, and assets of $45K.
- 2020: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2019: Revenue of $65K, expenses of $62K, and assets of $20K (revenue +9.0% year-over-year).
- 2018: Revenue of $60K, expenses of $54K, and assets of $16K (revenue -13.9% year-over-year).
- 2017: Revenue of $70K, expenses of $65K, and assets of $11K (revenue -3.0% year-over-year).
- 2016: Revenue of $72K, expenses of $70K, and assets of $6K (revenue -6.2% year-over-year).
- 2015: Revenue of $77K, expenses of $73K, and assets of $4K (revenue +4.0% year-over-year).
- 2014: Revenue of $74K, expenses of $73K, and assets of $550 (revenue -20.1% year-over-year).
- 2013: Revenue of $92K, expenses of $94K, and assets of $10 (revenue +42.3% year-over-year).
- 2012: Revenue of $65K, expenses of $81K, and assets of $2K (revenue -3.7% year-over-year).
- 2011: Revenue of $67K, expenses of $69K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Casco Bay Soccer Club:
Data Sources and Methodology
This transparency report for Casco Bay 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.