Colchester Football Boosters Association Incorporated
Colchester Football Boosters Association shows consistent revenue growth and strong asset accumulation with zero officer compensation.
EIN: 10569069 · Colchester, VT · NTEE: B112 · Updated: 2026-03-26
| Metric | Value |
|---|---|
| Total Revenue | $89K |
| Total Expenses | $28K |
| Program Spending | 90% |
| Net Assets | $218K |
| Transparency Score | 95/100 |
Is Colchester Football Boosters Association Incorporated Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Colchester Football Boosters Association Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Colchester Football Boosters Association Incorporated
Colchester Football Boosters Association Incorporated (EIN: 10569069) is a nonprofit organization based in Colchester, VT, classified under NTEE code B112. The organization reported total revenue of $89K and total assets of $145K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colchester Football Boosters Association Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colchester Football Boosters Association Incorporated is a micro nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $28K |
| Surplus / Deficit | +$32K |
| Total Assets | $218K |
| Net Assets | $218K |
| Operating Margin | 53.4% |
| Months of Reserves | 92.8 months |
Financial Health Grade: A
In 2023, Colchester Football Boosters Association Incorporated reported a surplus of $32K with revenue exceeding expenses, holds 92.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Colchester Football Boosters Association Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.6% | -33.8% | +17.4% |
| 2022 | +35.8% | +40.1% | +109.4% |
| 2021 | +32.3% | +55.0% | +7.5% |
| 2020 | -12.6% | -55.1% | +10.8% |
| 2019 | +29.2% | +52.4% | -13.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Colchester Football Boosters Association Incorporated with a Mission Score of 95 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, Colchester Football Boosters Association Incorporated 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 $32K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization and ensuring that all funds are directed towards the mission rather than salaries.
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.
Strengths
The following positive indicators were identified for Colchester Football Boosters Association Incorporated:
- Consistent revenue growth, with revenue increasing from $34,915 in 2014 to $60,368 in 2023.
- Strong asset accumulation, growing from $63,451 in 2014 to $217,765 in 2023.
- Zero liabilities reported across all available filings, indicating excellent financial stability.
- 0% officer compensation, ensuring funds are directed to programs.
- Consistent operational surpluses in most recent years, such as $32,213 in 2023 ($60,368 revenue - $28,155 expenses).
Frequently Asked Questions about Colchester Football Boosters Association Incorporated
Is Colchester Football Boosters Association Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Colchester Football Boosters Association Incorporated (EIN: 10569069) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Colchester Football Boosters Association Incorporated spend its money?
Colchester Football Boosters Association Incorporated directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Colchester Football Boosters Association Incorporated tax-deductible?
Colchester Football Boosters Association Incorporated is registered as a tax-exempt nonprofit (EIN: 10569069). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Colchester Football Boosters Association Incorporated compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Colchester Football Boosters Association Incorporated is above average for NTEE category B112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Colchester Football Boosters Association Incorporated located?
Colchester Football Boosters Association Incorporated is headquartered in Colchester, Vermont and files with the IRS under EIN 10569069. It is classified under NTEE code B112.
How many years of IRS 990 filings does Colchester Football Boosters Association Incorporated have?
Colchester Football Boosters Association Incorporated 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 $89K in total revenue.
Is Colchester Football Boosters Association a good charity?
Based on its financial data, the Colchester Football Boosters Association appears to be a very good charity. It consistently operates with a surplus, has no liabilities, and reports 0% officer compensation, indicating efficient use of funds and strong financial health.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $34,915 in 2014 to $60,368 in 2023, and assets have more than tripled from $63,451 to $217,765 in the same period, demonstrating strong growth and stability.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is to pay none. All filings consistently show 0% officer compensation, indicating a volunteer-driven leadership structure.
Filing History
IRS 990 filing history for Colchester Football Boosters Association Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Colchester Football Boosters Association Incorporated's revenue has declined by 8.9%, moving from $66K to $60K. Total assets increased by 160.5% over the same period, from $84K to $218K. Total functional expenses fell by 57%, from $65K to $28K. In its most recent filing year (2023), Colchester Football Boosters Association Incorporated reported a surplus of $32K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $60K | $28K | $218K | $0 | — | View 990 |
| 2022 | $50K | $43K | $186K | $0 | — | View 990 |
| 2021 | $37K | $30K | $89K | $0 | — | View 990 |
| 2020 | $28K | $20K | $82K | $0 | — | — |
| 2019 | $32K | $44K | $74K | $0 | — | View 990 |
| 2018 | $24K | $29K | $86K | $0 | — | View 990 |
| 2017 | $25K | $17K | $91K | $0 | — | View 990 |
| 2016 | $32K | $19K | $82K | $144 | — | View 990 |
| 2015 | $34K | $28K | $69K | $0 | — | View 990 |
| 2014 | $35K | $39K | $63K | $0 | — | View 990 |
| 2013 | $55K | $44K | $94K | $0 | — | View 990 |
| 2012 | $43K | $44K | $83K | $0 | — | View 990 |
| 2011 | $66K | $65K | $84K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $60K, expenses of $28K, and assets of $218K (revenue +21.6% year-over-year).
- 2022: Revenue of $50K, expenses of $43K, and assets of $186K (revenue +35.8% year-over-year).
- 2021: Revenue of $37K, expenses of $30K, and assets of $89K (revenue +32.3% year-over-year).
- 2020: Revenue of $28K, expenses of $20K, and assets of $82K (revenue -12.6% year-over-year).
- 2019: Revenue of $32K, expenses of $44K, and assets of $74K (revenue +29.2% year-over-year).
- 2018: Revenue of $24K, expenses of $29K, and assets of $86K (revenue -1.6% year-over-year).
- 2017: Revenue of $25K, expenses of $17K, and assets of $91K (revenue -22.6% year-over-year).
- 2016: Revenue of $32K, expenses of $19K, and assets of $82K (revenue -4.4% year-over-year).
- 2015: Revenue of $34K, expenses of $28K, and assets of $69K (revenue -3.7% year-over-year).
- 2014: Revenue of $35K, expenses of $39K, and assets of $63K (revenue -35.9% year-over-year).
- 2013: Revenue of $55K, expenses of $44K, and assets of $94K (revenue +25.7% year-over-year).
- 2012: Revenue of $43K, expenses of $44K, and assets of $83K (revenue -34.6% year-over-year).
- 2011: Revenue of $66K, expenses of $65K, and assets of $84K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colchester Football Boosters Association Incorporated:
Data Sources and Methodology
This transparency report for Colchester Football Boosters Association Incorporated 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.