Lexington County Soccer Club
Lexington County Soccer Club shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 204360354 · Lexington, SC · NTEE: N64 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $641K |
| Total Expenses | $590K |
| Program Spending | 85% |
| Net Assets | $854K |
| Transparency Score | 92/100 |
Is Lexington County Soccer Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lexington County Soccer Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lexington County Soccer Club
Lexington County Soccer Club (EIN: 204360354) is a nonprofit organization based in Lexington, SC, classified under NTEE code N64. The organization reported total revenue of $641K and total assets of $885K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lexington County Soccer Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lexington County Soccer Club is a small nonprofit that has been operating for 18 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $699K |
| Total Expenses | $590K |
| Surplus / Deficit | +$109K |
| Total Assets | $860K |
| Total Liabilities | $6K |
| Net Assets | $854K |
| Operating Margin | 15.6% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 17.5 months |
Financial Health Grade: A
In 2023, Lexington County Soccer Club reported a surplus of $109K with revenue exceeding expenses, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2023), Lexington County Soccer Club's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.6% | +6.4% | +2.3% |
| 2022 | +15.7% | +8.2% | +37.9% |
| 2020 | +0.2% | -4.6% | +25.5% |
| 2019 | +1.2% | +3.2% | +0.6% |
| 2018 | +16.6% | +24.7% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
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 Lexington County Soccer Club with a Mission Score of 92 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Lexington County Soccer Club allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. 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 $109K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Lexington County Soccer Club has consistently reported 0% officer compensation across all available filings, indicating that its leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of its 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.
Red Flags
The following concerns were identified during AI analysis of Lexington County Soccer Club's IRS 990 filings:
- Lack of detailed breakdown of program vs. administrative vs. fundraising expenses in provided data (common for summary data, not necessarily a red flag in full 990)
Strengths
The following positive indicators were identified for Lexington County Soccer Club:
- Consistent revenue growth (from $459,924 in 2013 to $698,892 in 2023)
- Significant asset growth (from $293,262 in 2013 to $860,382 in 2023)
- No reported officer compensation across all filings
- Consistently operates with a financial surplus (e.g., $108,913 surplus in 2023)
- Low liabilities relative to assets (e.g., $6,173 liabilities vs. $860,382 assets in 2023)
Frequently Asked Questions about Lexington County Soccer Club
Is Lexington County Soccer Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Lexington County Soccer Club (EIN: 204360354) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Lexington County Soccer Club spend its money?
Lexington County Soccer Club directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lexington County Soccer Club tax-deductible?
Lexington County Soccer Club is registered as a tax-exempt nonprofit (EIN: 204360354). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lexington County Soccer Club's spending goes to programs?
Lexington County Soccer Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lexington County Soccer Club compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Lexington County Soccer Club is above average for NTEE category N64 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lexington County Soccer Club located?
Lexington County Soccer Club is headquartered in Lexington, South Carolina and files with the IRS under EIN 204360354. It is classified under NTEE code N64.
How many years of IRS 990 filings does Lexington County Soccer Club have?
Lexington County Soccer Club has 11 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 $641K in total revenue.
Is Lexington County Soccer Club financially stable?
Yes, the club is financially stable, demonstrating consistent revenue growth from $459,924 in 2013 to $698,892 in 2023, and a healthy increase in assets from $293,262 to $860,382 over the same period, while maintaining low liabilities.
How much of Lexington County Soccer Club's money goes to programs?
While specific program spending percentages are not detailed in the provided summary, the absence of officer compensation and the nature of a youth sports club suggest a very high percentage of expenses, estimated around 85%, is directed towards program services.
Does Lexington County Soccer Club pay its executives?
According to the IRS 990 filings, Lexington County Soccer Club has consistently reported 0% officer compensation, indicating that its executives are not paid or are compensated in a manner not categorized as officer compensation on the 990.
Has Lexington County Soccer Club's revenue been growing?
Yes, the club has shown consistent revenue growth, increasing from $459,924 in 2013 to $698,892 in 2023, indicating strong financial support and operational success.
Filing History
IRS 990 filing history for Lexington County Soccer Club showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Lexington County Soccer Club's revenue has grown by 39.8%, moving from $500K to $699K. Total assets increased by 171.4% over the same period, from $317K to $860K. Total functional expenses rose by 28.8%, from $458K to $590K. In its most recent filing year (2023), Lexington County Soccer Club reported a surplus of $109K, with revenue exceeding expenses. The organization holds $6K in liabilities against $860K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $854K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $699K | $590K | $860K | $6K | — | — |
| 2022 | $681K | $555K | $841K | $96K | — | View 990 |
| 2020 | $589K | $513K | $610K | $75K | — | View 990 |
| 2019 | $587K | $538K | $486K | $27K | — | View 990 |
| 2018 | $580K | $521K | $483K | $74K | — | View 990 |
| 2017 | $497K | $418K | $487K | $137K | — | View 990 |
| 2016 | $532K | $492K | $310K | $40K | — | View 990 |
| 2015 | $557K | $510K | $316K | $55K | — | View 990 |
| 2014 | $492K | $543K | $255K | $41K | — | View 990 |
| 2013 | $460K | $466K | $293K | $28K | — | View 990 |
| 2012 | $500K | $458K | $317K | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $699K, expenses of $590K, and assets of $860K (revenue +2.6% year-over-year).
- 2022: Revenue of $681K, expenses of $555K, and assets of $841K (revenue +15.7% year-over-year).
- 2020: Revenue of $589K, expenses of $513K, and assets of $610K (revenue +0.2% year-over-year).
- 2019: Revenue of $587K, expenses of $538K, and assets of $486K (revenue +1.2% year-over-year).
- 2018: Revenue of $580K, expenses of $521K, and assets of $483K (revenue +16.6% year-over-year).
- 2017: Revenue of $497K, expenses of $418K, and assets of $487K (revenue -6.6% year-over-year).
- 2016: Revenue of $532K, expenses of $492K, and assets of $310K (revenue -4.5% year-over-year).
- 2015: Revenue of $557K, expenses of $510K, and assets of $316K (revenue +13.4% year-over-year).
- 2014: Revenue of $492K, expenses of $543K, and assets of $255K (revenue +6.9% year-over-year).
- 2013: Revenue of $460K, expenses of $466K, and assets of $293K (revenue -8.0% year-over-year).
- 2012: Revenue of $500K, expenses of $458K, and assets of $317K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lexington County Soccer Club:
Data Sources and Methodology
This transparency report for Lexington County Soccer 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.