Futbul Club Of Kentucky Inc

Futbul Club Of Kentucky Inc shows consistent asset growth and no liabilities, with fluctuating but generally increasing revenue over the past decade.

EIN: 201477810 · Winchester, KY · NTEE: N64 · Updated: 2026-03-28

$105KRevenue

$151KAssets

85/100Mission Score (Excellent)

N64

About Futbul Club Of Kentucky Inc

Futbul Club Of Kentucky Inc (EIN: 201477810) is a nonprofit organization based in Winchester, KY, classified under NTEE code N64. The organization reported total revenue of $105K and total assets of $151K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Futbul Club Of Kentucky Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Futbul Club Of Kentucky Inc demonstrates a generally stable financial position, with assets growing significantly from $2,502 in 2014 to $150,770 in 2023. The organization consistently reports zero liabilities, indicating strong financial management and no reliance on debt. Revenue has fluctuated, peaking at $163,554 in 2022 before a slight dip to $104,585 in 2023, but overall shows a positive trend over the decade. The organization's expenses have generally tracked revenue, with a notable exception in 2020 where expenses ($77,088) significantly exceeded revenue ($9,463), leading to a temporary reduction in assets.

Spending efficiency appears to be reasonable, with expenses generally aligning with revenue. The consistent reporting of 0% officer compensation across all filings suggests that the organization is run by volunteers or that compensation falls below reporting thresholds, which can be a positive indicator for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The NTEE code N64 (Amateur Sports Clubs, Leagues, & Associations) suggests a focus on direct program delivery.

In terms of transparency, the organization has a consistent filing history with 14 IRS 990 filings, which is a good sign. The absence of officer compensation reported on the 990s is a key piece of information. However, the lack of detailed expense breakdowns in the provided data limits a deeper analysis of how funds are allocated between programs, administration, and fundraising. Further transparency on these specific expenditure categories would enhance understanding of their operational efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Futbul Club Of Kentucky 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: 85%
fundraising: 5%

According to IRS 990 filings, Futbul Club Of Kentucky Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all filings, suggesting a volunteer-led structure or that compensation levels are below IRS reporting thresholds, which is positive for donor perception regarding 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 Futbul Club Of Kentucky Inc's IRS 990 filings:

Significant revenue volatility, particularly the sharp drop in 2020 ($9,463 from $92,494 in 2019) which led to expenses far exceeding income.

Strengths

The following positive indicators were identified for Futbul Club Of Kentucky Inc:

Consistent asset growth, from $2,502 in 2014 to $150,770 in 2023, demonstrating financial stability.
Zero reported liabilities across all 14 filings, indicating strong financial management and no debt.
0% officer compensation reported, suggesting a volunteer-driven model or very low overhead for leadership.
Long and consistent filing history (14 filings), indicating good compliance and transparency.
Recovery from the 2020 financial dip, with revenue and assets rebounding strongly in subsequent years.

Frequently Asked Questions about Futbul Club Of Kentucky Inc

Is Futbul Club Of Kentucky Inc a good charity?

Based on the available data, Futbul Club Of Kentucky Inc appears to be a well-managed small nonprofit. It has consistently grown its assets, maintained zero liabilities, and reports no officer compensation, indicating a strong financial foundation and potentially high program efficiency. However, a detailed breakdown of program vs. administrative spending would provide a clearer picture of its direct impact.

How has the organization's financial health changed over time?

The organization's financial health has generally improved significantly. Assets grew from $2,502 in 2014 to $150,770 in 2023. While revenue has fluctuated, the overall trend is upward, and the organization has consistently maintained zero liabilities, indicating prudent financial management.

What caused the significant drop in revenue in 2020?

In 2020, revenue dropped sharply to $9,463 from $92,494 in 2019, while expenses remained high at $77,088. This period likely reflects the impact of the COVID-19 pandemic on sports organizations, leading to reduced activities and fundraising opportunities.

Filing History

IRS 990 filing history for Futbul Club Of Kentucky Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Futbul Club Of Kentucky Inc's revenue has grown by 16.6%, moving from $90K to $105K. Total assets increased by 681.3% over the same period, from $19K to $151K. Total functional expenses rose by 25.7%, from $82K to $103K. In its most recent filing year (2023), Futbul Club Of Kentucky Inc reported a surplus of $2K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$105K	$103K	$151K	$0	—	—
2022	$164K	$54K	$149K	$0	—	View 990
2021	$88K	$49K	$39K	$0	—	View 990
2020	$9K	$77K	$286	$0	—	—
2019	$92K	$85K	$68K	$0	—	View 990
2018	$92K	$84K	$61K	$0	—	View 990
2017	$101K	$79K	$53K	$0	—	View 990
2016	$72K	$62K	$30K	$0	—	View 990
2015	$62K	$45K	$20K	$0	—	View 990
2014	$43K	$43K	$3K	$0	—	View 990
2013	$70K	$69K	$2K	$0	—	View 990
2012	$58K	$83K	$926	$0	—	View 990
2011	$84K	$78K	$26K	$0	—	View 990
2010	$90K	$82K	$19K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $105K, expenses of $103K, and assets of $151K (revenue -36.1% year-over-year).
2022: Revenue of $164K, expenses of $54K, and assets of $149K (revenue +85.9% year-over-year).
2021: Revenue of $88K, expenses of $49K, and assets of $39K (revenue +829.9% year-over-year).
2020: Revenue of $9K, expenses of $77K, and assets of $286 (revenue -89.8% year-over-year).
2019: Revenue of $92K, expenses of $85K, and assets of $68K (revenue +0.0% year-over-year).
2018: Revenue of $92K, expenses of $84K, and assets of $61K (revenue -8.8% year-over-year).
2017: Revenue of $101K, expenses of $79K, and assets of $53K (revenue +40.3% year-over-year).
2016: Revenue of $72K, expenses of $62K, and assets of $30K (revenue +16.6% year-over-year).
2015: Revenue of $62K, expenses of $45K, and assets of $20K (revenue +42.8% year-over-year).
2014: Revenue of $43K, expenses of $43K, and assets of $3K (revenue -37.8% year-over-year).
2013: Revenue of $70K, expenses of $69K, and assets of $2K (revenue +19.8% year-over-year).
2012: Revenue of $58K, expenses of $83K, and assets of $926 (revenue -30.4% year-over-year).
2011: Revenue of $84K, expenses of $78K, and assets of $26K (revenue -6.6% year-over-year).
2010: Revenue of $90K, expenses of $82K, and assets of $19K.

Data Sources and Methodology

This transparency report for Futbul Club Of Kentucky 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.