Easton Sports Developmentfoundation Ii
Easton Sports Developmentfoundation II consistently spends more than it earns, despite substantial assets and no reported officer compensation.
EIN: 205855118 · Van Nuys, CA · NTEE: T20 · Updated: 2026-03-28
Is Easton Sports Developmentfoundation Ii Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Easton Sports Developmentfoundation Ii directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Easton Sports Developmentfoundation Ii
Easton Sports Developmentfoundation Ii (EIN: 205855118) is a nonprofit organization based in Van Nuys, CA, classified under NTEE code T20. The organization reported total revenue of $193.4M and total assets of $225.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Easton Sports Developmentfoundation Ii's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Easton Sports Developmentfoundation Ii with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Easton Sports Developmentfoundation Ii allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries from the organization, which is a positive sign for resource allocation.
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 Easton Sports Developmentfoundation Ii's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) in recent years (e.g., $4M expenses vs. $0.86M revenue in 2023).
- Significant discrepancy between latest reported revenue/assets and the most recent annual filing data, requiring clarification.
- General decline in assets over the past decade (from $54.6M in 2014 to $34.4M in 2023, excluding the latest reported figure).
Strengths
The following positive indicators were identified for Easton Sports Developmentfoundation Ii:
- No reported officer compensation across all filings, indicating a commitment to directing funds elsewhere.
- Substantial asset base ($225,943,473 latest reported) provides a buffer, though its source and sustainability need clarity.
- Long filing history (10 filings) indicates consistent reporting to the IRS.
Frequently Asked Questions about Easton Sports Developmentfoundation Ii
Is Easton Sports Developmentfoundation Ii a legitimate charity?
Based on AI analysis of IRS 990 filings, Easton Sports Developmentfoundation Ii (EIN: 205855118) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Easton Sports Developmentfoundation Ii spend its money?
Easton Sports Developmentfoundation Ii directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Easton Sports Developmentfoundation Ii tax-deductible?
Easton Sports Developmentfoundation Ii is registered as a tax-exempt nonprofit (EIN: 205855118). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Easton Sports Developmentfoundation II sustain operations with consistent revenue deficits?
The organization has consistently reported expenses significantly exceeding revenue in recent years (e.g., $4M expenses vs. $0.86M revenue in 2023). This suggests reliance on prior reserves, investment income, or other non-operating revenue sources not detailed in the provided annual revenue figures to cover operational costs.
What is the nature of the significant increase in 'Latest Revenue' and 'Assets' compared to the 2023 filing?
The 'Latest Revenue' of $193,360,553 and 'Assets' of $225,943,473 are substantially higher than the 2023 filing's $863,942 revenue and $34,400,030 assets. This discrepancy requires further investigation, potentially indicating a major one-time grant, asset revaluation, or a different reporting period for the 'latest' figures.
What is the detailed breakdown of expenses into program, administrative, and fundraising costs?
The provided data only shows total expenses. A detailed breakdown is necessary to accurately assess spending efficiency and determine the percentage of funds directly supporting program activities versus overhead.
Why have the organization's assets generally declined from 2014 to 2023, despite the latest reported high asset value?
Assets decreased from $54.6M in 2014 to $34.4M in 2023 based on annual filings. This trend, coupled with consistent operational deficits, suggests the organization may have been drawing down its reserves. The latest reported asset value of $225.9M is an outlier that needs clarification.
Filing History
IRS 990 filing history for Easton Sports Developmentfoundation Ii showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Easton Sports Developmentfoundation Ii's revenue has declined by 65%, moving from $2.5M to $864K. Total assets decreased by 30.4% over the same period, from $49.5M to $34.4M. Total functional expenses rose by 0.1%, from $4.0M to $4.0M. In its most recent filing year (2023), Easton Sports Developmentfoundation Ii reported a deficit of $3.2M, with expenses exceeding revenue. The organization holds $151K in liabilities against $34.4M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $34.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $864K | $4.0M | $34.4M | $151K | — | — |
| 2022 | $834K | $3.8M | $35.3M | $120K | — | View 990 |
| 2021 | $330K | $3.5M | $39.5M | $202K | — | View 990 |
| 2020 | $527K | $2.9M | $34.5M | $35K | — | View 990 |
| 2019 | $3.7M | $2.5M | $38.3M | $40K | — | View 990 |
| 2015 | $6.4M | $9.3M | $47.6M | $3.6M | — | View 990 |
| 2014 | $4.9M | $8.7M | $54.6M | $4.6M | — | View 990 |
| 2013 | $7.4M | $3.5M | $48.3M | $1.0M | — | View 990 |
| 2012 | $3.0M | $3.5M | $45.1M | $1.0M | — | View 990 |
| 2011 | $2.5M | $4.0M | $49.5M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $864K, expenses of $4.0M, and assets of $34.4M (revenue +3.7% year-over-year).
- 2022: Revenue of $834K, expenses of $3.8M, and assets of $35.3M (revenue +152.3% year-over-year).
- 2021: Revenue of $330K, expenses of $3.5M, and assets of $39.5M (revenue -37.3% year-over-year).
- 2020: Revenue of $527K, expenses of $2.9M, and assets of $34.5M (revenue -85.9% year-over-year).
- 2019: Revenue of $3.7M, expenses of $2.5M, and assets of $38.3M (revenue -41.7% year-over-year).
- 2015: Revenue of $6.4M, expenses of $9.3M, and assets of $47.6M (revenue +31.0% year-over-year).
- 2014: Revenue of $4.9M, expenses of $8.7M, and assets of $54.6M (revenue -33.7% year-over-year).
- 2013: Revenue of $7.4M, expenses of $3.5M, and assets of $48.3M (revenue +141.6% year-over-year).
- 2012: Revenue of $3.0M, expenses of $3.5M, and assets of $45.1M (revenue +23.4% year-over-year).
- 2011: Revenue of $2.5M, expenses of $4.0M, and assets of $49.5M.
Data Sources and Methodology
This transparency report for Easton Sports Developmentfoundation Ii 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.