Chatham United Soccer Inc
EIN: 223455815 · Chatham, NJ · NTEE: N64
| Metric | Value |
|---|---|
| Total Revenue | $943K |
| Total Expenses | $329K |
| Net Assets | $465K |
Is Chatham United Soccer Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chatham United Soccer Inc
Chatham United Soccer Inc (EIN: 223455815) is a nonprofit organization based in Chatham, NJ, classified under NTEE code N64. The organization reported total revenue of $943K and total assets of $665K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chatham United Soccer Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chatham United Soccer Inc is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $373K |
| Total Expenses | $329K |
| Surplus / Deficit | +$44K |
| Total Assets | $465K |
| Net Assets | $465K |
| Operating Margin | 11.8% |
| Months of Reserves | 17.0 months |
Financial Health Grade: A
In 2023, Chatham United Soccer Inc reported a surplus of $44K with revenue exceeding expenses, holds 17.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Chatham United Soccer Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.5% | -12.3% | +10.5% |
| 2022 | +4.1% | +50.9% | -3.3% |
| 2021 | -40.4% | -42.0% | +29.0% |
| 2020 | +154.4% | +8.5% | +82.2% |
| 2019 | -37.4% | +10.8% | -47.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chatham United Soccer 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 Chatham United Soccer 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 $44K, with revenue exceeding expenses.
Frequently Asked Questions about Chatham United Soccer Inc
Is Chatham United Soccer Inc a legitimate charity?
Chatham United Soccer Inc (EIN: 223455815) is a registered tax-exempt nonprofit based in New Jersey. It has 13 years of IRS 990 filings on record. Total revenue: $943K. No red flags identified. Financial health grade: A.
How does Chatham United Soccer Inc spend its money?
Chatham United Soccer Inc reported $943K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Chatham United Soccer Inc tax-deductible?
Chatham United Soccer Inc is registered as a tax-exempt nonprofit (EIN: 223455815). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chatham United Soccer Inc located?
Chatham United Soccer Inc is headquartered in Chatham, New Jersey and files with the IRS under EIN 223455815. It is classified under NTEE code N64.
How many years of IRS 990 filings does Chatham United Soccer Inc have?
Chatham United Soccer Inc 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 $943K in total revenue.
Filing History
IRS 990 filing history for Chatham United Soccer Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chatham United Soccer Inc's revenue has grown by 171.7%, moving from $137K to $373K. Total assets increased by 148.3% over the same period, from $187K to $465K. Total functional expenses rose by 114%, from $154K to $329K. In its most recent filing year (2023), Chatham United Soccer Inc reported a surplus of $44K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $373K | $329K | $465K | $0 | — | View 990 |
| 2022 | $360K | $375K | $421K | $0 | — | View 990 |
| 2021 | $346K | $248K | $435K | $0 | — | View 990 |
| 2020 | $581K | $429K | $337K | $0 | — | View 990 |
| 2019 | $228K | $395K | $185K | $0 | — | View 990 |
| 2018 | $365K | $357K | $352K | $0 | — | View 990 |
| 2017 | $394K | $354K | $344K | $0 | — | View 990 |
| 2016 | $396K | $352K | $304K | $0 | — | View 990 |
| 2015 | $334K | $302K | $260K | $0 | — | View 990 |
| 2014 | $153K | $171K | $228K | $0 | — | View 990 |
| 2013 | $338K | $286K | $245K | $0 | — | View 990 |
| 2012 | $172K | $166K | $193K | $0 | — | View 990 |
| 2011 | $137K | $154K | $187K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $373K, expenses of $329K, and assets of $465K (revenue +3.5% year-over-year).
- 2022: Revenue of $360K, expenses of $375K, and assets of $421K (revenue +4.1% year-over-year).
- 2021: Revenue of $346K, expenses of $248K, and assets of $435K (revenue -40.4% year-over-year).
- 2020: Revenue of $581K, expenses of $429K, and assets of $337K (revenue +154.4% year-over-year).
- 2019: Revenue of $228K, expenses of $395K, and assets of $185K (revenue -37.4% year-over-year).
- 2018: Revenue of $365K, expenses of $357K, and assets of $352K (revenue -7.5% year-over-year).
- 2017: Revenue of $394K, expenses of $354K, and assets of $344K (revenue -0.4% year-over-year).
- 2016: Revenue of $396K, expenses of $352K, and assets of $304K (revenue +18.3% year-over-year).
- 2015: Revenue of $334K, expenses of $302K, and assets of $260K (revenue +118.1% year-over-year).
- 2014: Revenue of $153K, expenses of $171K, and assets of $228K (revenue -54.6% year-over-year).
- 2013: Revenue of $338K, expenses of $286K, and assets of $245K (revenue +96.7% year-over-year).
- 2012: Revenue of $172K, expenses of $166K, and assets of $193K (revenue +25.2% year-over-year).
- 2011: Revenue of $137K, expenses of $154K, and assets of $187K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chatham United Soccer Inc:
Data Sources and Methodology
This transparency report for Chatham United Soccer 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.