Hamilton Township Recreation Soccer Association

Is Hamilton Township Recreation Soccer Association Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Hamilton Township Recreation Soccer Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hamilton Township Recreation Soccer Association

Hamilton Township Recreation Soccer Association (EIN: 222247570) is a nonprofit organization based in Mercerville, NJ, classified under NTEE code N64. The organization reported total revenue of $519K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hamilton Township Recreation Soccer Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Hamilton Township Recreation Soccer Association is a small nonprofit that has been operating for 2 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Hamilton Township Recreation Soccer Association reported a surplus of $127K with revenue exceeding expenses, holds 39.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Hamilton Township Recreation Soccer Association's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.

IRS Tax-Exempt Classification

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 Hamilton Township Recreation Soccer Association 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: 5%
• programs: 85%
• fundraising: 10%

According to IRS 990 filings, Hamilton Township Recreation Soccer Association allocates its expenses as follows: admin: 5%, programs: 85%, fundraising: 10%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

• The organization reported a surplus of $127K, with revenue exceeding expenses.
• Debt-to-asset ratio: 0.2%.

Executive Compensation Analysis

Executive compensation is reported as $0 across all available filings, indicating a volunteer-run organization, which is highly efficient for a nonprofit of this size.

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.

Strengths

The following positive indicators were identified for Hamilton Township Recreation Soccer Association:

• Consistent revenue growth from $76,532 in 2020 to $518,874 in 2023.
• Strong asset base, growing from $784,685 in 2020 to $1,010,529 in 2023.
• Very low liabilities, consistently under $20,000 in recent years, demonstrating excellent financial stability.
• Zero executive compensation, maximizing funds for programs.
• High program efficiency given the volunteer leadership and low administrative costs.

Frequently Asked Questions about Hamilton Township Recreation Soccer Association

Filing History

IRS 990 filing history for Hamilton Township Recreation Soccer Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hamilton Township Recreation Soccer Association's revenue has grown by 138.3%, moving from $167K to $397K. Total assets increased by 24.8% over the same period, from $714K to $892K. Total functional expenses rose by 94.5%, from $139K to $270K. In its most recent filing year (2023), Hamilton Township Recreation Soccer Association reported a surplus of $127K, with revenue exceeding expenses. The organization holds $2K in liabilities against $892K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $890K.

Year-by-Year Financial Summary

• 2023: Revenue of $397K, expenses of $270K, and assets of $892K (revenue +59.6% year-over-year).
• 2022: Revenue of $249K, expenses of $214K, and assets of $800K (revenue +39.1% year-over-year).
• 2021: Revenue of $179K, expenses of $147K, and assets of $800K (revenue +133.8% year-over-year).
• 2020: Revenue of $77K, expenses of $74K, and assets of $785K (revenue -55.3% year-over-year).
• 2019: Revenue of $171K, expenses of $188K, and assets of $789K (revenue -20.2% year-over-year).
• 2018: Revenue of $214K, expenses of $197K, and assets of $820K (revenue +0.8% year-over-year).
• 2017: Revenue of $213K, expenses of $191K, and assets of $821K (revenue +11.8% year-over-year).
• 2016: Revenue of $190K, expenses of $237K, and assets of $802K (revenue -21.1% year-over-year).
• 2015: Revenue of $241K, expenses of $218K, and assets of $821K (revenue +6.1% year-over-year).
• 2014: Revenue of $227K, expenses of $186K, and assets of $811K (revenue +8.5% year-over-year).
• 2013: Revenue of $210K, expenses of $207K, and assets of $776K (revenue +14.8% year-over-year).
• 2012: Revenue of $183K, expenses of $147K, and assets of $754K (revenue +9.5% year-over-year).
• 2011: Revenue of $167K, expenses of $139K, and assets of $714K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hamilton Township Recreation Soccer Association:

Data Sources and Methodology

This transparency report for Hamilton Township Recreation 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.