Lacey Youth And Football Cheer Inc
Lacey Youth And Football Cheer Inc: Strong Program Spending, but Transparency Lacking
EIN: 221974429 · Lanoka Harbor, NJ · NTEE: N60 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $278K |
| Total Expenses | $191K |
| Program Spending | 90% |
| Net Assets | $91K |
| Transparency Score | 75/100 |
Is Lacey Youth And Football Cheer Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lacey Youth And Football Cheer Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lacey Youth And Football Cheer Inc
Lacey Youth And Football Cheer Inc (EIN: 221974429) is a nonprofit organization based in Lanoka Harbor, NJ, classified under NTEE code N60. The organization reported total revenue of $278K and total assets of $102K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lacey Youth And Football Cheer Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lacey Youth And Football Cheer Inc 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 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $191K |
| Surplus / Deficit | +$28K |
| Total Assets | $91K |
| Net Assets | $91K |
| Operating Margin | 12.7% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2023, Lacey Youth And Football Cheer Inc reported a surplus of $28K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Lacey Youth And Football Cheer Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +112.5% | +149.0% | +43.7% |
| 2022 | +62.6% | +75.4% | +78.6% |
| 2021 | +277.4% | +7.4% | +122.4% |
| 2020 | -84.3% | -56.4% | -60.0% |
| 2019 | +2.6% | +17.6% | +53.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2024 |
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 Lacey Youth And Football Cheer Inc with a Mission Score of 75 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Lacey Youth And Football Cheer Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $28K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not reported in the available filings, indicating that key personnel are likely volunteers or receive compensation below the reporting threshold.
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 Lacey Youth And Football Cheer Inc's IRS 990 filings:
- Lack of detailed transparency beyond basic IRS filings.
- No clear breakdown of program activities or impact on their website.
Strengths
The following positive indicators were identified for Lacey Youth And Football Cheer Inc:
- Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023).
- Healthy revenue growth from $16,764 in 2020 to $278,332 in 2023.
- Positive net assets growth over the past few years, indicating financial stability.
Frequently Asked Questions about Lacey Youth And Football Cheer Inc
Is Lacey Youth And Football Cheer Inc a legitimate charity?
Lacey Youth And Football Cheer Inc (EIN: 221974429) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $278K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Lacey Youth And Football Cheer Inc spend its money?
Lacey Youth And Football Cheer Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lacey Youth And Football Cheer Inc tax-deductible?
Lacey Youth And Football Cheer Inc is registered as a tax-exempt nonprofit (EIN: 221974429). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lacey Youth And Football Cheer Inc's spending goes to programs?
Lacey Youth And Football Cheer Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lacey Youth And Football Cheer Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Lacey Youth And Football Cheer Inc is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lacey Youth And Football Cheer Inc located?
Lacey Youth And Football Cheer Inc is headquartered in Lanoka Harbor, New Jersey and files with the IRS under EIN 221974429. It is classified under NTEE code N60.
How many years of IRS 990 filings does Lacey Youth And Football Cheer Inc have?
Lacey Youth And Football Cheer 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 $278K in total revenue.
What does Lacey Youth And Football Cheer Inc do?
Lacey Youth And Football Cheer Inc is a nonprofit organization in the Recreation & Sports sector, located in Lanoka Harbor, New Jersey. It is classified under NTEE code N60.
How much revenue does Lacey Youth And Football Cheer Inc have?
Lacey Youth And Football Cheer Inc reported total revenue of $278,332. Based on 13 IRS 990 filings on record.
What are Lacey Youth And Football Cheer Inc's total assets?
Lacey Youth And Football Cheer Inc holds total assets of $101,726 as reported in IRS 990 filings.
Where is Lacey Youth And Football Cheer Inc located?
Lacey Youth And Football Cheer Inc is based in Lanoka Harbor, New Jersey.
What is Lacey Youth And Football Cheer Inc's EIN?
Lacey Youth And Football Cheer Inc's Employer Identification Number (EIN) is 221974429. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Lacey Youth And Football Cheer Inc?
Lacey Youth And Football Cheer Inc is classified under NTEE code N60 (Recreation & Sports).
Is Lacey Youth And Football Cheer Inc a registered 501(c)(3)?
Yes, Lacey Youth And Football Cheer Inc is recognized as a tax-exempt organization by the IRS. EIN: 221974429.
Does Lacey Youth And Football Cheer Inc file IRS Form 990?
Yes, Lacey Youth And Football Cheer Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Lacey Youth And Football Cheer Inc's revenue in 2023?
In the 202312 filing period, Lacey Youth And Football Cheer Inc reported total revenue of $218,634, total expenses of $190,923, and net assets of $91,152.
Is Lacey Youth And Football Cheer Inc's revenue growing or declining?
Lacey Youth And Football Cheer Inc's revenue is growing. Revenue went from $102,871 (202212) to $218,634 (202312), a +112.5% change. Based on 13 filings on record.
What is Lacey Youth And Football Cheer Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Lacey Youth And Football Cheer Inc covers tax period 202312. It shows revenue of $218,634, expenses of $190,923, total assets of $91,152, and liabilities of N/A.
How much does Lacey Youth And Football Cheer Inc spend on programs vs administration?
Based on IRS 990 analysis, Lacey Youth And Football Cheer Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Lacey Youth And Football Cheer Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Lacey Youth And Football Cheer Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Lacey Youth And Football Cheer Inc?
The following concerns were identified: Lack of detailed transparency beyond basic IRS filings.. No clear breakdown of program activities or impact on their website.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Lacey Youth And Football Cheer Inc's strengths?
Positive indicators for Lacey Youth And Football Cheer Inc include: Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023).. Healthy revenue growth from $16,764 in 2020 to $278,332 in 2023.. Positive net assets growth over the past few years, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Lacey Youth And Football Cheer Inc compensate executives?
Executive compensation is not reported in the available filings, indicating that key personnel are likely volunteers or receive compensation below the reporting threshold. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Lacey Youth And Football Cheer Inc?
• No readily available annual reports or detailed financial statements beyond IRS Form 990 filings. • Website lacks information regarding board members, governance policies, or program impact metrics. • Limited narrative on how funds are specifically allocated to youth programs. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the significant revenue growth, what specific strategies are in place to ensure the organization's operational capacity scales effectively without compromising program quality?
The available data does not detail specific operational strategies. However, the consistent high program spending suggests a focus on direct service delivery, which would need robust planning to maintain with increasing scale.
How does Lacey Youth And Football Cheer Inc measure the direct impact of its programs on youth participants, and where can these impact metrics be found?
The provided data and typical public filings do not include specific program impact metrics. This information would likely be found in an annual report or program evaluation documents, which are not publicly available.
Filing History
IRS 990 filing history for Lacey Youth And Football Cheer Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lacey Youth And Football Cheer Inc's revenue has grown by 135.5%, moving from $93K to $219K. Total assets increased by 192.4% over the same period, from $31K to $91K. Total functional expenses rose by 68.7%, from $113K to $191K. In its most recent filing year (2023), Lacey Youth And Football Cheer Inc reported a surplus of $28K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $219K | $191K | $91K | $0 | — | — |
| 2022 | $103K | $77K | $63K | $0 | — | View 990 |
| 2021 | $63K | $44K | $36K | $0 | — | — |
| 2020 | $17K | $41K | $16K | $0 | — | — |
| 2019 | $107K | $93K | $40K | $0 | — | View 990 |
| 2018 | $104K | $79K | $26K | $0 | — | View 990 |
| 2017 | $29K | $33K | $885 | $0 | — | View 990 |
| 2016 | $34K | $44K | $5K | $0 | — | View 990 |
| 2015 | $39K | $32K | $16K | $0 | — | View 990 |
| 2014 | $30K | $27K | $9K | $0 | — | View 990 |
| 2013 | $55K | $66K | $6K | $0 | — | View 990 |
| 2012 | $93K | $108K | $16K | $0 | — | — |
| 2011 | $93K | $113K | $31K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $219K, expenses of $191K, and assets of $91K (revenue +112.5% year-over-year).
- 2022: Revenue of $103K, expenses of $77K, and assets of $63K (revenue +62.6% year-over-year).
- 2021: Revenue of $63K, expenses of $44K, and assets of $36K (revenue +277.4% year-over-year).
- 2020: Revenue of $17K, expenses of $41K, and assets of $16K (revenue -84.3% year-over-year).
- 2019: Revenue of $107K, expenses of $93K, and assets of $40K (revenue +2.6% year-over-year).
- 2018: Revenue of $104K, expenses of $79K, and assets of $26K (revenue +266.1% year-over-year).
- 2017: Revenue of $29K, expenses of $33K, and assets of $885 (revenue -15.0% year-over-year).
- 2016: Revenue of $34K, expenses of $44K, and assets of $5K (revenue -14.8% year-over-year).
- 2015: Revenue of $39K, expenses of $32K, and assets of $16K (revenue +29.2% year-over-year).
- 2014: Revenue of $30K, expenses of $27K, and assets of $9K (revenue -44.9% year-over-year).
- 2013: Revenue of $55K, expenses of $66K, and assets of $6K (revenue -40.5% year-over-year).
- 2012: Revenue of $93K, expenses of $108K, and assets of $16K (revenue +0.1% year-over-year).
- 2011: Revenue of $93K, expenses of $113K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lacey Youth And Football Cheer Inc:
Data Sources and Methodology
This transparency report for Lacey Youth And Football Cheer 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.