I5 Elite Sports Club
EIN: 862832064 · Glen Burnie, MD · NTEE: N20
About I5 Elite Sports Club
I5 Elite Sports Club (EIN: 862832064) is a nonprofit organization based in Glen Burnie, MD, classified under NTEE code N20. The organization reported total revenue of $130K and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of I5 Elite Sports Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for I5 Elite Sports 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 I5 Elite Sports 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.
Filing History
IRS 990 filing history for I5 Elite Sports Club showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), I5 Elite Sports Club's revenue has grown by 28%, moving from $81K to $104K. Total assets increased by 142.5% over the same period, from $4K to $11K. Total functional expenses rose by 58.3%, from $71K to $113K. In its most recent filing year (2023), I5 Elite Sports Club reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $104K | $113K | $11K | $0 | — | — |
| 2022 | $182K | $158K | $20K | $0 | — | — |
| 2021 | $81K | $71K | $4K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $104K, expenses of $113K, and assets of $11K (revenue -43.0% year-over-year).
- 2022: Revenue of $182K, expenses of $158K, and assets of $20K (revenue +124.6% year-over-year).
- 2021: Revenue of $81K, expenses of $71K, and assets of $4K.
Data Sources and Methodology
This transparency report for I5 Elite Sports 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.