Cosmopolitan Soccer League Inc
Cosmopolitan Soccer League Inc. shows consistent operations with recent deficit, no executive compensation.
EIN: 136136337 · Fairview, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $331K |
| Total Expenses | $295K |
| Program Spending | 90% |
| Net Assets | $624K |
| Transparency Score | 85/100 |
Is Cosmopolitan Soccer League Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cosmopolitan Soccer League Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cosmopolitan Soccer League Inc
Cosmopolitan Soccer League Inc (EIN: 136136337) is a nonprofit organization based in Fairview, NJ. The organization reported total revenue of $331K and total assets of $759K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cosmopolitan Soccer League Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cosmopolitan Soccer League Inc is a small nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $233K |
| Total Expenses | $295K |
| Surplus / Deficit | $-61,745 |
| Total Assets | $689K |
| Total Liabilities | $65K |
| Net Assets | $624K |
| Operating Margin | -26.5% |
| Debt-to-Asset Ratio | 9.4% |
| Months of Reserves | 28.0 months |
Financial Health Grade: B
In 2023, Cosmopolitan Soccer League Inc reported a deficit of $62K with expenses exceeding revenue, holds 28.0 months of operating reserves (strong position), has a debt-to-asset ratio of 9.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2023), Cosmopolitan Soccer League Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.5% | +30.3% | -9.4% |
| 2022 | -10.3% | +58.7% | -10.4% |
| 2021 | +29.2% | -20.1% | +18.8% |
| 2020 | -24.3% | -19.2% | +4.3% |
| 2019 | +2.2% | +5.2% | +8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1946 |
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 Cosmopolitan Soccer League Inc with a Mission Score of 85 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, Cosmopolitan Soccer League Inc 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 deficit of $62K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly efficient for a nonprofit 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 Cosmopolitan Soccer League Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (202306), resulting in a deficit of $61,745.
Strengths
The following positive indicators were identified for Cosmopolitan Soccer League Inc:
- No officer compensation reported across all filings, indicating highly efficient use of funds.
- Consistent asset growth over the past decade, demonstrating financial stability.
- Low and stable liabilities relative to assets, indicating good financial management.
- Consistent filing history with 13 available IRS 990 forms, showing strong transparency.
Frequently Asked Questions about Cosmopolitan Soccer League Inc
Is Cosmopolitan Soccer League Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cosmopolitan Soccer League Inc (EIN: 136136337) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Cosmopolitan Soccer League Inc spend its money?
Cosmopolitan Soccer League Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cosmopolitan Soccer League Inc tax-deductible?
Cosmopolitan Soccer League Inc is registered as a tax-exempt nonprofit (EIN: 136136337). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cosmopolitan Soccer League Inc located?
Cosmopolitan Soccer League Inc is headquartered in Fairview, New Jersey and files with the IRS under EIN 136136337.
How many years of IRS 990 filings does Cosmopolitan Soccer League Inc have?
Cosmopolitan Soccer League 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 $331K in total revenue.
Is Cosmopolitan Soccer League Inc. a good charity?
Based on the available data, Cosmopolitan Soccer League Inc. appears to be a well-managed organization with strong financial health, evidenced by consistent asset growth and no reported executive compensation. While the most recent year showed a deficit, its long-term financial stability and efficient use of funds suggest it is a good charity.
How does the organization manage its finances given the recent deficit?
In the 202306 period, expenses ($295,001) exceeded revenue ($233,256). However, the organization has substantial assets ($689,272 in 202306) and a history of surpluses in prior years (e.g., 202206, 202106), suggesting it can absorb occasional deficits without significant financial strain.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend over the past decade, growing from $535,294 in 2015 to $759,475 in the latest period, indicating strong financial growth and stability.
Filing History
IRS 990 filing history for Cosmopolitan Soccer League Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Cosmopolitan Soccer League Inc's revenue has declined by 5.7%, moving from $247K to $233K. Total assets increased by 47.4% over the same period, from $468K to $689K. Total functional expenses rose by 45%, from $203K to $295K. In its most recent filing year (2023), Cosmopolitan Soccer League Inc reported a deficit of $62K, with expenses exceeding revenue. The organization holds $65K in liabilities against $689K in assets (debt-to-asset ratio: 9.4%), resulting in net assets of $624K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $233K | $295K | $689K | $65K | — | View 990 |
| 2022 | $239K | $226K | $761K | $65K | — | View 990 |
| 2021 | $267K | $143K | $850K | $74K | — | View 990 |
| 2020 | $206K | $179K | $715K | $59K | — | View 990 |
| 2019 | $272K | $221K | $686K | $33K | — | View 990 |
| 2018 | $267K | $210K | $631K | $29K | — | View 990 |
| 2017 | $251K | $229K | $572K | $27K | — | View 990 |
| 2016 | $228K | $216K | $549K | $25K | — | View 990 |
| 2015 | $1K | $22K | $535K | $24K | — | View 990 |
| 2015 | $216K | $183K | $559K | $24K | — | View 990 |
| 2014 | $250K | $235K | $529K | $26K | — | View 990 |
| 2013 | $233K | $184K | $512K | $25K | — | View 990 |
| 2012 | $247K | $203K | $468K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $233K, expenses of $295K, and assets of $689K (revenue -2.5% year-over-year).
- 2022: Revenue of $239K, expenses of $226K, and assets of $761K (revenue -10.3% year-over-year).
- 2021: Revenue of $267K, expenses of $143K, and assets of $850K (revenue +29.2% year-over-year).
- 2020: Revenue of $206K, expenses of $179K, and assets of $715K (revenue -24.3% year-over-year).
- 2019: Revenue of $272K, expenses of $221K, and assets of $686K (revenue +2.2% year-over-year).
- 2018: Revenue of $267K, expenses of $210K, and assets of $631K (revenue +6.4% year-over-year).
- 2017: Revenue of $251K, expenses of $229K, and assets of $572K (revenue +9.9% year-over-year).
- 2016: Revenue of $228K, expenses of $216K, and assets of $549K (revenue +21518.6% year-over-year).
- 2015: Revenue of $1K, expenses of $22K, and assets of $535K (revenue -99.5% year-over-year).
- 2015: Revenue of $216K, expenses of $183K, and assets of $559K (revenue -13.7% year-over-year).
- 2014: Revenue of $250K, expenses of $235K, and assets of $529K (revenue +7.4% year-over-year).
- 2013: Revenue of $233K, expenses of $184K, and assets of $512K (revenue -6.0% year-over-year).
- 2012: Revenue of $247K, expenses of $203K, and assets of $468K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cosmopolitan Soccer League Inc:
Data Sources and Methodology
This transparency report for Cosmopolitan Soccer League 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.