Herndon Youth Soccer Inc
EIN: 510248053 · Herndon, VA · NTEE: N64Z
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Net Assets | $423K |
Is Herndon Youth Soccer Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Herndon Youth Soccer Inc
Herndon Youth Soccer Inc (EIN: 510248053) is a nonprofit organization based in Herndon, VA, classified under NTEE code N64Z. The organization reported total revenue of $1.3M and total assets of $797K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Herndon Youth Soccer Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Herndon Youth Soccer Inc is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$27K |
| Total Assets | $797K |
| Total Liabilities | $374K |
| Net Assets | $423K |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 46.9% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2023, Herndon Youth Soccer Inc reported a surplus of $27K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 46.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Herndon Youth Soccer Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.3% | +9.6% | +22.0% |
| 2022 | +11.6% | +5.2% | +36.8% |
| 2021 | -16.5% | -18.8% | +45.0% |
| 2020 | -8.4% | -5.0% | +2.3% |
| 2019 | +2.9% | +4.6% | -16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Herndon Youth Soccer Inc 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 Herndon Youth Soccer Inc 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 $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.9%.
Frequently Asked Questions about Herndon Youth Soccer Inc
Is Herndon Youth Soccer Inc a legitimate charity?
Herndon Youth Soccer Inc (EIN: 510248053) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: A.
How does Herndon Youth Soccer Inc spend its money?
Herndon Youth Soccer Inc reported $1.3M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Herndon Youth Soccer Inc tax-deductible?
Herndon Youth Soccer Inc is registered as a tax-exempt nonprofit (EIN: 510248053). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Herndon Youth Soccer Inc located?
Herndon Youth Soccer Inc is headquartered in Herndon, Virginia and files with the IRS under EIN 510248053. It is classified under NTEE code N64Z.
How many years of IRS 990 filings does Herndon Youth Soccer Inc have?
Herndon Youth Soccer Inc has 13 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Herndon Youth Soccer Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Herndon Youth Soccer Inc's revenue has grown by 69.9%, moving from $769K to $1.3M. Total assets increased by 209.8% over the same period, from $257K to $797K. Total functional expenses rose by 82.9%, from $700K to $1.3M. In its most recent filing year (2023), Herndon Youth Soccer Inc reported a surplus of $27K, with revenue exceeding expenses. The organization holds $374K in liabilities against $797K in assets (debt-to-asset ratio: 46.9%), resulting in net assets of $423K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $797K | $374K | — | View 990 |
| 2022 | $1.2M | $1.2M | $653K | $306K | — | View 990 |
| 2021 | $1.1M | $1.1M | $477K | $203K | — | — |
| 2020 | $1.3M | $1.4M | $329K | $58K | — | View 990 |
| 2019 | $1.5M | $1.4M | $322K | $15K | — | View 990 |
| 2018 | $1.4M | $1.4M | $384K | $91K | — | — |
| 2017 | $1.5M | $1.8M | $554K | $299K | — | View 990 |
| 2016 | $1.3M | $1.2M | $534K | $7K | — | View 990 |
| 2015 | $800K | $673K | $498K | $82K | — | View 990 |
| 2014 | $842K | $825K | $294K | $5K | — | View 990 |
| 2013 | $810K | $827K | $313K | $41K | — | View 990 |
| 2012 | $792K | $738K | $306K | $17K | — | View 990 |
| 2011 | $769K | $700K | $257K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $797K (revenue +5.3% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $653K (revenue +11.6% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $477K (revenue -16.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.4M, and assets of $329K (revenue -8.4% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.4M, and assets of $322K (revenue +2.9% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $384K (revenue -7.1% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.8M, and assets of $554K (revenue +13.0% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $534K (revenue +68.0% year-over-year).
- 2015: Revenue of $800K, expenses of $673K, and assets of $498K (revenue -5.0% year-over-year).
- 2014: Revenue of $842K, expenses of $825K, and assets of $294K (revenue +3.9% year-over-year).
- 2013: Revenue of $810K, expenses of $827K, and assets of $313K (revenue +2.3% year-over-year).
- 2012: Revenue of $792K, expenses of $738K, and assets of $306K (revenue +3.0% year-over-year).
- 2011: Revenue of $769K, expenses of $700K, and assets of $257K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Herndon Youth Soccer Inc:
Data Sources and Methodology
This transparency report for Herndon Youth Soccer 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.