Elite Sports League Inc
EIN: 320420161 · Goodlettsvlle, TN · NTEE: T50
| Metric | Value |
|---|---|
| Total Revenue | $101K |
| Total Expenses | $103K |
| Net Assets | $30K |
Is Elite Sports League Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elite Sports League Inc
Elite Sports League Inc (EIN: 320420161) is a nonprofit organization based in Goodlettsvlle, TN, classified under NTEE code T50. The organization reported total revenue of $101K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elite Sports League Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elite Sports League Inc is a small nonprofit that has been operating for 11 years, with 4 years of IRS 990 filings on record (2014–2017). Revenue has grown at a compound annual rate of -4.6%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $103K |
| Surplus / Deficit | $-2,037 |
| Total Assets | $30K |
| Net Assets | $30K |
| Operating Margin | -2.0% |
| Months of Reserves | 3.5 months |
Financial Health Grade: B
In 2017, Elite Sports League Inc reported a deficit of $2K with expenses exceeding revenue, holds 3.5 months of operating reserves (adequate).
Financial Trends
Over 4 years of filings (2014–2017), Elite Sports League Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -5.5% | +8.5% | -6.3% |
| 2016 | -9.3% | -11.3% | +58.9% |
| 2015 | +1.4% | +0.3% | +113.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elite Sports League Inc 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 Elite Sports League Inc 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Elite Sports League Inc
Is Elite Sports League Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elite Sports League Inc (EIN: 320420161) insufficient data. 0 red flags identified, 0 strengths noted.
How does Elite Sports League Inc spend its money?
Detailed spending breakdown data is not yet available for Elite Sports League Inc. Check back for updated IRS 990 analysis.
Are donations to Elite Sports League Inc tax-deductible?
Elite Sports League Inc is registered as a tax-exempt nonprofit (EIN: 320420161). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elite Sports League Inc located?
Elite Sports League Inc is headquartered in Goodlettsvlle, Tennessee and files with the IRS under EIN 320420161. It is classified under NTEE code T50.
How many years of IRS 990 filings does Elite Sports League Inc have?
Elite Sports League Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $101K in total revenue.
Filing History
IRS 990 filing history for Elite Sports League Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2014–2017), Elite Sports League Inc's revenue has declined by 13.1%, moving from $116K to $101K. Total assets increased by 217.5% over the same period, from $9K to $30K. Total functional expenses fell by 3.4%, from $106K to $103K. In its most recent filing year (2017), Elite Sports League Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $101K | $103K | $30K | $0 | — | View 990 |
| 2016 | $107K | $95K | $32K | $0 | — | View 990 |
| 2015 | $117K | $107K | $20K | $0 | — | View 990 |
| 2014 | $116K | $106K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $101K, expenses of $103K, and assets of $30K (revenue -5.5% year-over-year).
- 2016: Revenue of $107K, expenses of $95K, and assets of $32K (revenue -9.3% year-over-year).
- 2015: Revenue of $117K, expenses of $107K, and assets of $20K (revenue +1.4% year-over-year).
- 2014: Revenue of $116K, expenses of $106K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elite Sports League Inc:
Data Sources and Methodology
This transparency report for Elite Sports 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.