Ginga Brazil Soccer Corporation
EIN: 465765772 · Henderson, NV · NTEE: N60
| Metric | Value |
|---|---|
| Total Expenses | $25K |
| Net Assets | $-11,893 |
Is Ginga Brazil Soccer Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ginga Brazil Soccer Corporation
Ginga Brazil Soccer Corporation (EIN: 465765772) is a nonprofit organization based in Henderson, NV, classified under NTEE code N60. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ginga Brazil Soccer Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ginga Brazil Soccer Corporation is a micro nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -17.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $25K |
| Surplus / Deficit | +$1K |
| Total Assets | $16K |
| Total Liabilities | $28K |
| Net Assets | $-11,893 |
| Operating Margin | 5.4% |
| Debt-to-Asset Ratio | 174.4% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Ginga Brazil Soccer Corporation reported a surplus of $1K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 174.4% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Ginga Brazil Soccer Corporation's revenue has declined at a compound annual growth rate (CAGR) of -17.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.8% | -67.4% | -29.4% |
| 2022 | -36.5% | -38.3% | -31.7% |
| 2021 | +12.2% | +32.5% | -34.1% |
| 2020 | -11.1% | -12.5% | +135.5% |
| 2019 | -14.1% | -22.2% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ginga Brazil Soccer Corporation 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 Ginga Brazil Soccer Corporation 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 surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 174.4%.
Frequently Asked Questions about Ginga Brazil Soccer Corporation
Is Ginga Brazil Soccer Corporation a legitimate charity?
Ginga Brazil Soccer Corporation (EIN: 465765772) is a registered tax-exempt nonprofit based in Nevada. It has 7 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Ginga Brazil Soccer Corporation spend its money?
Ginga Brazil Soccer Corporation reported its financials in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ginga Brazil Soccer Corporation tax-deductible?
Ginga Brazil Soccer Corporation is registered as a tax-exempt nonprofit (EIN: 465765772). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ginga Brazil Soccer Corporation located?
Ginga Brazil Soccer Corporation is headquartered in Henderson, Nevada and files with the IRS under EIN 465765772. It is classified under NTEE code N60.
How many years of IRS 990 filings does Ginga Brazil Soccer Corporation have?
Ginga Brazil Soccer Corporation has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Ginga Brazil Soccer Corporation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Ginga Brazil Soccer Corporation's revenue has declined by 68%, moving from $82K to $26K. Total assets increased by 33.8% over the same period, from $12K to $16K. Total functional expenses fell by 71.2%, from $86K to $25K. In its most recent filing year (2023), Ginga Brazil Soccer Corporation reported a surplus of $1K, with revenue exceeding expenses. The organization holds $28K in liabilities against $16K in assets (debt-to-asset ratio: 174.4%), resulting in net assets of $-11,893.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $25K | $16K | $28K | — | — |
| 2022 | $75K | $76K | $23K | $36K | — | — |
| 2021 | $117K | $124K | $33K | $45K | — | — |
| 2020 | $105K | $93K | $50K | $56K | — | — |
| 2019 | $118K | $107K | $21K | $38K | — | View 990 |
| 2018 | $137K | $137K | $21K | $49K | — | View 990 |
| 2017 | $82K | $86K | $12K | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26K, expenses of $25K, and assets of $16K (revenue -64.8% year-over-year).
- 2022: Revenue of $75K, expenses of $76K, and assets of $23K (revenue -36.5% year-over-year).
- 2021: Revenue of $117K, expenses of $124K, and assets of $33K (revenue +12.2% year-over-year).
- 2020: Revenue of $105K, expenses of $93K, and assets of $50K (revenue -11.1% year-over-year).
- 2019: Revenue of $118K, expenses of $107K, and assets of $21K (revenue -14.1% year-over-year).
- 2018: Revenue of $137K, expenses of $137K, and assets of $21K (revenue +67.0% year-over-year).
- 2017: Revenue of $82K, expenses of $86K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ginga Brazil Soccer Corporation:
Data Sources and Methodology
This transparency report for Ginga Brazil Soccer Corporation 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.