Futbol Club Of Cary Inc
EIN: 320236153 · Cary, NC · NTEE: N64
| Metric | Value |
|---|---|
| Total Revenue | $215K |
| Total Expenses | $206K |
| Net Assets | $97K |
Is Futbol Club Of Cary Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Futbol Club Of Cary Inc
Futbol Club Of Cary Inc (EIN: 320236153) is a nonprofit organization based in Cary, NC, classified under NTEE code N64. The organization reported total revenue of $215K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Futbol Club Of Cary Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Futbol Club Of Cary Inc is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -5.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $180K |
| Total Expenses | $206K |
| Surplus / Deficit | $-25,766 |
| Total Assets | $97K |
| Net Assets | $97K |
| Operating Margin | -14.3% |
| Months of Reserves | 5.7 months |
Financial Health Grade: B
In 2022, Futbol Club Of Cary Inc reported a deficit of $26K with expenses exceeding revenue, holds 5.7 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2011–2022), Futbol Club Of Cary Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -12.2% | +37.8% | -20.9% |
| 2021 | +83.4% | -13.8% | +30.9% |
| 2020 | -59.4% | -42.3% | -41.1% |
| 2019 | +4.6% | +20.5% | -13.0% |
| 2018 | +6.6% | +2.9% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Futbol Club Of Cary 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 Futbol Club Of Cary 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
Frequently Asked Questions about Futbol Club Of Cary Inc
Is Futbol Club Of Cary Inc a legitimate charity?
Futbol Club Of Cary Inc (EIN: 320236153) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $215K. No red flags identified. Financial health grade: B.
How does Futbol Club Of Cary Inc spend its money?
Futbol Club Of Cary Inc reported $215K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Futbol Club Of Cary Inc tax-deductible?
Futbol Club Of Cary Inc is registered as a tax-exempt nonprofit (EIN: 320236153). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Futbol Club Of Cary Inc located?
Futbol Club Of Cary Inc is headquartered in Cary, North Carolina and files with the IRS under EIN 320236153. It is classified under NTEE code N64.
How many years of IRS 990 filings does Futbol Club Of Cary Inc have?
Futbol Club Of Cary Inc has 12 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 $215K in total revenue.
Filing History
IRS 990 filing history for Futbol Club Of Cary Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Futbol Club Of Cary Inc's revenue has declined by 48.3%, moving from $348K to $180K. Total assets decreased by 38.6% over the same period, from $158K to $97K. Total functional expenses fell by 28.1%, from $286K to $206K. In its most recent filing year (2022), Futbol Club Of Cary Inc reported a deficit of $26K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $180K | $206K | $97K | $0 | — | View 990 |
| 2021 | $205K | $149K | $123K | $0 | — | View 990 |
| 2020 | $112K | $173K | $94K | $23K | — | View 990 |
| 2019 | $275K | $300K | $160K | $23K | — | View 990 |
| 2018 | $263K | $249K | $183K | $23K | — | View 990 |
| 2017 | $247K | $242K | $165K | $23K | — | View 990 |
| 2016 | $263K | $301K | $160K | $23K | — | View 990 |
| 2015 | $256K | $216K | $198K | $23K | — | View 990 |
| 2014 | $234K | $261K | $159K | $26K | — | View 990 |
| 2013 | $263K | $260K | $181K | $25K | — | View 990 |
| 2012 | $347K | $328K | $178K | $25K | — | View 990 |
| 2011 | $348K | $286K | $158K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $180K, expenses of $206K, and assets of $97K (revenue -12.2% year-over-year).
- 2021: Revenue of $205K, expenses of $149K, and assets of $123K (revenue +83.4% year-over-year).
- 2020: Revenue of $112K, expenses of $173K, and assets of $94K (revenue -59.4% year-over-year).
- 2019: Revenue of $275K, expenses of $300K, and assets of $160K (revenue +4.6% year-over-year).
- 2018: Revenue of $263K, expenses of $249K, and assets of $183K (revenue +6.6% year-over-year).
- 2017: Revenue of $247K, expenses of $242K, and assets of $165K (revenue -6.1% year-over-year).
- 2016: Revenue of $263K, expenses of $301K, and assets of $160K (revenue +2.6% year-over-year).
- 2015: Revenue of $256K, expenses of $216K, and assets of $198K (revenue +9.2% year-over-year).
- 2014: Revenue of $234K, expenses of $261K, and assets of $159K (revenue -10.9% year-over-year).
- 2013: Revenue of $263K, expenses of $260K, and assets of $181K (revenue -24.2% year-over-year).
- 2012: Revenue of $347K, expenses of $328K, and assets of $178K (revenue -0.2% year-over-year).
- 2011: Revenue of $348K, expenses of $286K, and assets of $158K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Futbol Club Of Cary Inc:
Data Sources and Methodology
This transparency report for Futbol Club Of Cary 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.