Corvallis Soccer Club
EIN: 464599820 · Corvallis, OR · NTEE: N64
| Metric | Value |
|---|---|
| Total Revenue | $159K |
| Total Expenses | $153K |
| Net Assets | $44K |
Is Corvallis Soccer Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Corvallis Soccer Club
Corvallis Soccer Club (EIN: 464599820) is a nonprofit organization based in Corvallis, OR, classified under NTEE code N64. The organization reported total revenue of $159K and total assets of $75K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Corvallis Soccer Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Corvallis Soccer Club is a small nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2015–2021). Revenue has grown at a compound annual rate of -5.8%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $159K |
| Total Expenses | $153K |
| Surplus / Deficit | +$6K |
| Total Assets | $75K |
| Total Liabilities | $30K |
| Net Assets | $44K |
| Operating Margin | 4.0% |
| Debt-to-Asset Ratio | 40.7% |
| Months of Reserves | 5.9 months |
Financial Health Grade: A
In 2021, Corvallis Soccer Club reported a surplus of $6K with revenue exceeding expenses, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 40.7% (moderate leverage).
Financial Trends
Over 7 years of filings (2015–2021), Corvallis Soccer Club's revenue has declined at a compound annual growth rate (CAGR) of -5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -28.3% | -27.5% | +27.2% |
| 2020 | -24.3% | -26.0% | +7.5% |
| 2019 | +19.2% | +19.1% | +17.6% |
| 2018 | -27.1% | -28.3% | +97.1% |
| 2017 | +15.2% | +14.6% | +103.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Corvallis Soccer Club 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 Corvallis Soccer Club 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.7%.
Frequently Asked Questions about Corvallis Soccer Club
Is Corvallis Soccer Club a legitimate charity?
Corvallis Soccer Club (EIN: 464599820) is a registered tax-exempt nonprofit based in Oregon. It has 7 years of IRS 990 filings on record. Total revenue: $159K. No red flags identified. Financial health grade: A.
How does Corvallis Soccer Club spend its money?
Corvallis Soccer Club reported $159K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Corvallis Soccer Club tax-deductible?
Corvallis Soccer Club is registered as a tax-exempt nonprofit (EIN: 464599820). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Corvallis Soccer Club located?
Corvallis Soccer Club is headquartered in Corvallis, Oregon and files with the IRS under EIN 464599820. It is classified under NTEE code N64.
How many years of IRS 990 filings does Corvallis Soccer Club have?
Corvallis Soccer Club has 7 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 $159K in total revenue.
Filing History
IRS 990 filing history for Corvallis Soccer Club showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2015–2021), Corvallis Soccer Club's revenue has declined by 30.3%, moving from $228K to $159K. Total assets increased by 819.4% over the same period, from $8K to $75K. Total functional expenses fell by 30.6%, from $220K to $153K. In its most recent filing year (2021), Corvallis Soccer Club reported a surplus of $6K, with revenue exceeding expenses. The organization holds $30K in liabilities against $75K in assets (debt-to-asset ratio: 40.7%), resulting in net assets of $44K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $159K | $153K | $75K | $30K | — | — |
| 2020 | $222K | $211K | $59K | $21K | — | View 990 |
| 2019 | $293K | $285K | $55K | $28K | — | View 990 |
| 2018 | $245K | $239K | $47K | $27K | — | View 990 |
| 2017 | $337K | $333K | $24K | $11K | — | View 990 |
| 2016 | $292K | $291K | $12K | $2K | — | View 990 |
| 2015 | $228K | $220K | $8K | $850 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $159K, expenses of $153K, and assets of $75K (revenue -28.3% year-over-year).
- 2020: Revenue of $222K, expenses of $211K, and assets of $59K (revenue -24.3% year-over-year).
- 2019: Revenue of $293K, expenses of $285K, and assets of $55K (revenue +19.2% year-over-year).
- 2018: Revenue of $245K, expenses of $239K, and assets of $47K (revenue -27.1% year-over-year).
- 2017: Revenue of $337K, expenses of $333K, and assets of $24K (revenue +15.2% year-over-year).
- 2016: Revenue of $292K, expenses of $291K, and assets of $12K (revenue +28.0% year-over-year).
- 2015: Revenue of $228K, expenses of $220K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Corvallis Soccer Club:
Data Sources and Methodology
This transparency report for Corvallis 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.