Greenwich Soccer Association
Greenwich Soccer Association: Declining Revenue and Operational Inefficiencies
EIN: 222610893 · Stamford, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $176K |
| Total Expenses | $212K |
| Program Spending | 80% |
| Net Assets | $126K |
| Transparency Score | 65/100 |
Is Greenwich Soccer Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greenwich Soccer Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greenwich Soccer Association
Greenwich Soccer Association (EIN: 222610893) is a nonprofit organization based in Stamford, CT. The organization reported total revenue of $176K and total assets of $148K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greenwich Soccer Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greenwich Soccer Association is a small nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -6.1%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $176K |
| Total Expenses | $212K |
| Surplus / Deficit | $-35,683 |
| Total Assets | $148K |
| Total Liabilities | $22K |
| Net Assets | $126K |
| Operating Margin | -20.2% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2020, Greenwich Soccer Association reported a deficit of $36K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2020), Greenwich Soccer Association's revenue has declined at a compound annual growth rate (CAGR) of -6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -45.9% | -31.2% | -14.0% |
| 2019 | -15.2% | -18.6% | +8.3% |
| 2018 | -1.3% | +3.5% | +11.3% |
| 2017 | -17.5% | -19.5% | -8.2% |
| 2016 | -3.9% | -6.5% | +24.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Greenwich Soccer Association with a Mission Score of 65 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Greenwich Soccer Association allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.9%.
Executive Compensation Analysis
Executive compensation is not disclosed in the provided data, suggesting it is below the IRS reporting threshold or not applicable.
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 Greenwich Soccer Association's IRS 990 filings:
- Significant decline in revenue from $492,144 in 2015 to $176,389 in 2020.
- Consistent operational losses in multiple years, including $35,683 in 2020.
- Lack of detailed breakdown for program expenses, making it difficult to assess impact.
Strengths
The following positive indicators were identified for Greenwich Soccer Association:
- Maintains a healthy asset base relative to its revenue, with $148,447 in assets in 2020.
- Consistent operation for over 7 years based on available filings.
Frequently Asked Questions about Greenwich Soccer Association
Is Greenwich Soccer Association a legitimate charity?
Greenwich Soccer Association (EIN: 222610893) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $176K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Greenwich Soccer Association spend its money?
Greenwich Soccer Association directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Greenwich Soccer Association tax-deductible?
Greenwich Soccer Association is registered as a tax-exempt nonprofit (EIN: 222610893). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greenwich Soccer Association's spending goes to programs?
Greenwich Soccer Association directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Greenwich Soccer Association located?
Greenwich Soccer Association is headquartered in Stamford, Connecticut and files with the IRS under EIN 222610893.
How many years of IRS 990 filings does Greenwich Soccer Association have?
Greenwich Soccer Association has 10 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 $176K in total revenue.
What does Greenwich Soccer Association do?
Greenwich Soccer Association is a nonprofit organization in the Unknown sector, located in Stamford, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Greenwich Soccer Association have?
Greenwich Soccer Association reported total revenue of $176,389. Based on 10 IRS 990 filings on record.
What are Greenwich Soccer Association's total assets?
Greenwich Soccer Association holds total assets of $148,447 as reported in IRS 990 filings.
Where is Greenwich Soccer Association located?
Greenwich Soccer Association is based in Stamford, Connecticut.
What is Greenwich Soccer Association's EIN?
Greenwich Soccer Association's Employer Identification Number (EIN) is 222610893. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Greenwich Soccer Association?
Greenwich Soccer Association is classified under NTEE code Unknown (Unknown).
Is Greenwich Soccer Association a registered 501(c)(3)?
Greenwich Soccer Association appears in IRS records (EIN: 222610893). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Greenwich Soccer Association file IRS Form 990?
Yes, Greenwich Soccer Association has 10 IRS Form 990 filings on record. The most recent covers tax period 202012.
What was Greenwich Soccer Association's revenue in 2020?
In the 202012 filing period, Greenwich Soccer Association reported total revenue of $176,389, total expenses of $212,072, and net assets of $148,447.
Is Greenwich Soccer Association's revenue growing or declining?
Greenwich Soccer Association's revenue is declining. Revenue went from $326,147 (201912) to $176,389 (202012), a -45.9% change. Based on 10 filings on record.
What is Greenwich Soccer Association's most recent 990 filing?
The most recent IRS Form 990 filing for Greenwich Soccer Association covers tax period 202012. It shows revenue of $176,389, expenses of $212,072, total assets of $148,447, and liabilities of $22,154.
How much does Greenwich Soccer Association spend on programs vs administration?
Based on IRS 990 analysis, Greenwich Soccer Association allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Greenwich Soccer Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Greenwich Soccer Association shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Greenwich Soccer Association?
The following concerns were identified: Significant decline in revenue from $492,144 in 2015 to $176,389 in 2020.. Consistent operational losses in multiple years, including $35,683 in 2020.. Lack of detailed breakdown for program expenses, making it difficult to assess impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Greenwich Soccer Association's strengths?
Positive indicators for Greenwich Soccer Association include: Maintains a healthy asset base relative to its revenue, with $148,447 in assets in 2020.. Consistent operation for over 7 years based on available filings.. These findings are derived from AI analysis of the organization's financial filings.
How does Greenwich Soccer Association compensate executives?
Executive compensation is not disclosed in the provided data, suggesting it is below the IRS reporting threshold or not applicable. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the substantial revenue decline of over 60% from 2015 to 2020, and what strategies are being implemented to reverse this trend?
The provided data does not specify the reasons for the revenue decline, but it's a critical area for investigation to understand the organization's sustainability and future outlook.
Given the consistent operational losses, how does the organization plan to achieve financial sustainability without depleting its asset base?
The organization has experienced operational losses in several years, including $35,683 in 2020. Without a clear strategy to address these losses, the long-term financial health is questionable, despite a healthy asset base.
Filing History
IRS 990 filing history for Greenwich Soccer Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Greenwich Soccer Association's revenue has declined by 43.2%, moving from $311K to $176K. Total assets increased by 98.9% over the same period, from $75K to $148K. Total functional expenses fell by 11.3%, from $239K to $212K. In its most recent filing year (2020), Greenwich Soccer Association reported a deficit of $36K, with expenses exceeding revenue. The organization holds $22K in liabilities against $148K in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $126K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $176K | $212K | $148K | $22K | — | — |
| 2019 | $326K | $308K | $173K | $707 | — | View 990 |
| 2018 | $385K | $379K | $159K | $10K | — | View 990 |
| 2017 | $390K | $366K | $143K | $0 | — | View 990 |
| 2016 | $473K | $455K | $156K | $13K | — | View 990 |
| 2015 | $492K | $487K | $126K | $2K | — | View 990 |
| 2014 | $364K | $368K | $120K | $1K | — | View 990 |
| 2013 | $327K | $293K | $124K | $2K | — | View 990 |
| 2012 | $317K | $306K | $86K | $3K | — | View 990 |
| 2011 | $311K | $239K | $75K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $176K, expenses of $212K, and assets of $148K (revenue -45.9% year-over-year).
- 2019: Revenue of $326K, expenses of $308K, and assets of $173K (revenue -15.2% year-over-year).
- 2018: Revenue of $385K, expenses of $379K, and assets of $159K (revenue -1.3% year-over-year).
- 2017: Revenue of $390K, expenses of $366K, and assets of $143K (revenue -17.5% year-over-year).
- 2016: Revenue of $473K, expenses of $455K, and assets of $156K (revenue -3.9% year-over-year).
- 2015: Revenue of $492K, expenses of $487K, and assets of $126K (revenue +35.1% year-over-year).
- 2014: Revenue of $364K, expenses of $368K, and assets of $120K (revenue +11.3% year-over-year).
- 2013: Revenue of $327K, expenses of $293K, and assets of $124K (revenue +3.1% year-over-year).
- 2012: Revenue of $317K, expenses of $306K, and assets of $86K (revenue +2.2% year-over-year).
- 2011: Revenue of $311K, expenses of $239K, and assets of $75K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greenwich Soccer Association:
Data Sources and Methodology
This transparency report for Greenwich Soccer Association 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.