Elite Soccer League Inc
Elite Soccer League Inc. shows strong revenue growth and high program spending efficiency with no reported officer compensation.
EIN: 202979042 · Laguna Hills, CA · NTEE: N63 · Updated: 2026-03-28
Is Elite 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 →
Elite Soccer League Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elite Soccer League Inc
Elite Soccer League Inc (EIN: 202979042) is a nonprofit organization based in Laguna Hills, CA, classified under NTEE code N63. The organization reported total revenue of $4.0M and total assets of $748K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elite Soccer League Inc'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 Elite Soccer League Inc with a Mission Score of 92 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Elite Soccer League Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Elite Soccer League Inc. consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue. This suggests that executive leadership may be entirely volunteer-based or compensated through non-officer categories, significantly reducing administrative overhead.
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 Elite Soccer League Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is atypical for an organization of this scale and could warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Elite Soccer League Inc:
- Strong and consistent revenue growth, increasing from $1,025,716 in 2020 to $3,103,547 in 2023.
- High program spending ratio, estimated at 88%, indicating efficient use of funds towards its mission.
- Excellent financial stability with assets significantly exceeding liabilities (e.g., $577,901 assets vs. $61,290 liabilities in 2023).
- No reported officer compensation, suggesting very low administrative overhead and potentially volunteer leadership.
- Consistent positive net income (revenue exceeding expenses) in most recent years, contributing to asset growth.
Frequently Asked Questions about Elite Soccer League Inc
Is Elite Soccer League Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elite Soccer League Inc (EIN: 202979042) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Elite Soccer League Inc spend its money?
Elite Soccer League Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Elite Soccer League Inc tax-deductible?
Elite Soccer League Inc is registered as a tax-exempt nonprofit (EIN: 202979042). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Elite Soccer League Inc. a good charity?
Based on its financial data, Elite Soccer League Inc. appears to be a very good charity. It demonstrates strong financial growth, high program spending efficiency (e.g., 88% program spending), and remarkably low administrative costs, including 0% reported officer compensation.
How has Elite Soccer League Inc.'s revenue changed over time?
Elite Soccer League Inc. has experienced significant revenue growth, increasing from $1,025,716 in 2020 to $3,103,547 in 2023, indicating a rapidly expanding operation.
What is the organization's financial stability?
The organization shows good financial stability, with assets consistently outweighing liabilities. For instance, in 2023, assets were $577,901 while liabilities were $61,290, representing a healthy financial position.
How does Elite Soccer League Inc. manage executive compensation?
Elite Soccer League Inc. reports 0% officer compensation in all available filings, which is highly unusual and suggests a strong commitment to minimizing overhead by potentially relying on volunteer leadership or alternative compensation structures.
Filing History
IRS 990 filing history for Elite Soccer League Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Elite Soccer League Inc's revenue has grown by 890.2%, moving from $313K to $3.1M. Total assets increased by 6758.5% over the same period, from $8K to $578K. Total functional expenses rose by 830.8%, from $313K to $2.9M. In its most recent filing year (2023), Elite Soccer League Inc reported a surplus of $191K, with revenue exceeding expenses. The organization holds $61K in liabilities against $578K in assets (debt-to-asset ratio: 10.6%), resulting in net assets of $517K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $2.9M | $578K | $61K | — | — |
| 2022 | $2.5M | $2.3M | $449K | $62K | — | — |
| 2021 | $1.7M | $1.6M | $277K | $38K | — | View 990 |
| 2020 | $1.0M | $1.0M | $142K | $125K | — | View 990 |
| 2019 | $1.4M | $1.4M | $85K | $84K | — | View 990 |
| 2018 | $1.1M | $1.1M | $109K | $109K | — | View 990 |
| 2017 | $972K | $1.0M | $65K | $72K | — | View 990 |
| 2016 | $1.1M | $1.0M | $97K | $4K | — | View 990 |
| 2015 | $1.1M | $991K | $85K | $75K | — | View 990 |
| 2014 | $847K | $847K | $8K | $8K | — | View 990 |
| 2013 | $737K | $737K | $10K | $10K | — | View 990 |
| 2012 | $566K | $566K | $10K | $10K | — | View 990 |
| 2011 | $355K | $355K | $5K | $5K | — | View 990 |
| 2010 | $313K | $313K | $8K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $2.9M, and assets of $578K (revenue +24.1% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.3M, and assets of $449K (revenue +47.8% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.6M, and assets of $277K (revenue +65.0% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.0M, and assets of $142K (revenue -24.1% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $85K (revenue +17.8% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $109K (revenue +18.0% year-over-year).
- 2017: Revenue of $972K, expenses of $1.0M, and assets of $65K (revenue -12.5% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $97K (revenue +3.2% year-over-year).
- 2015: Revenue of $1.1M, expenses of $991K, and assets of $85K (revenue +26.9% year-over-year).
- 2014: Revenue of $847K, expenses of $847K, and assets of $8K (revenue +15.0% year-over-year).
- 2013: Revenue of $737K, expenses of $737K, and assets of $10K (revenue +30.1% year-over-year).
- 2012: Revenue of $566K, expenses of $566K, and assets of $10K (revenue +59.4% year-over-year).
- 2011: Revenue of $355K, expenses of $355K, and assets of $5K (revenue +13.4% year-over-year).
- 2010: Revenue of $313K, expenses of $313K, and assets of $8K.
Data Sources and Methodology
This transparency report for Elite 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.