Gallatin Elite Soccer Club
EIN: 824308882 · Bozeman, MT · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $579K |
| Total Expenses | $624K |
| Net Assets | $112K |
Is Gallatin Elite Soccer Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gallatin Elite Soccer Club
Gallatin Elite Soccer Club (EIN: 824308882) is a nonprofit organization based in Bozeman, MT, classified under NTEE code N50. The organization reported total revenue of $579K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gallatin Elite Soccer Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gallatin Elite Soccer Club is a small nonprofit that has been operating for 2 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 43.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $604K |
| Total Expenses | $624K |
| Surplus / Deficit | $-19,837 |
| Total Assets | $132K |
| Total Liabilities | $20K |
| Net Assets | $112K |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 15.1% |
| Months of Reserves | 2.5 months |
Financial Health Grade: C
In 2023, Gallatin Elite Soccer Club reported a deficit of $20K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 15.1% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Gallatin Elite Soccer Club's revenue has grown at a compound annual growth rate (CAGR) of 43.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.3% | +36.5% | +0.1% |
| 2022 | +45.5% | +10.4% | +405.0% |
| 2021 | +49.1% | +93.2% | -53.6% |
| 2020 | +27.4% | +8.0% | +326.3% |
| 2019 | +102.6% | +106.6% | +27.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gallatin Elite Soccer Club 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 Gallatin Elite Soccer Club 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.1%.
Frequently Asked Questions about Gallatin Elite Soccer Club
Is Gallatin Elite Soccer Club a legitimate charity?
Gallatin Elite Soccer Club (EIN: 824308882) is a registered tax-exempt nonprofit based in Montana. It has 6 years of IRS 990 filings on record. Total revenue: $579K. No red flags identified. Financial health grade: C.
How does Gallatin Elite Soccer Club spend its money?
Gallatin Elite Soccer Club reported $579K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gallatin Elite Soccer Club tax-deductible?
Gallatin Elite Soccer Club is registered as a tax-exempt nonprofit (EIN: 824308882). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gallatin Elite Soccer Club located?
Gallatin Elite Soccer Club is headquartered in Bozeman, Montana and files with the IRS under EIN 824308882. It is classified under NTEE code N50.
How many years of IRS 990 filings does Gallatin Elite Soccer Club have?
Gallatin Elite Soccer Club has 6 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 $579K in total revenue.
Filing History
IRS 990 filing history for Gallatin Elite Soccer Club showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Gallatin Elite Soccer Club's revenue has grown by 500.9%, moving from $101K to $604K. Total assets increased by 1172.5% over the same period, from $10K to $132K. Total functional expenses rose by 549.8%, from $96K to $624K. In its most recent filing year (2023), Gallatin Elite Soccer Club reported a deficit of $20K, with expenses exceeding revenue. The organization holds $20K in liabilities against $132K in assets (debt-to-asset ratio: 15.1%), resulting in net assets of $112K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $604K | $624K | $132K | $20K | — | — |
| 2022 | $563K | $457K | $132K | $0 | — | — |
| 2021 | $387K | $414K | $26K | $0 | — | — |
| 2020 | $259K | $214K | $56K | $1K | — | — |
| 2019 | $204K | $198K | $13K | $3K | — | — |
| 2018 | $101K | $96K | $10K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $604K, expenses of $624K, and assets of $132K (revenue +7.3% year-over-year).
- 2022: Revenue of $563K, expenses of $457K, and assets of $132K (revenue +45.5% year-over-year).
- 2021: Revenue of $387K, expenses of $414K, and assets of $26K (revenue +49.1% year-over-year).
- 2020: Revenue of $259K, expenses of $214K, and assets of $56K (revenue +27.4% year-over-year).
- 2019: Revenue of $204K, expenses of $198K, and assets of $13K (revenue +102.6% year-over-year).
- 2018: Revenue of $101K, expenses of $96K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gallatin Elite Soccer Club:
Data Sources and Methodology
This transparency report for Gallatin Elite Soccer Club 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.