Lexington United Soccer Club Inc
Lexington United Soccer Club: Strong Financial Health and Program Focus
EIN: 223026436 · Lexington, MA · NTEE: N64 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $783K |
| Total Expenses | $891K |
| Program Spending | 80% |
| Net Assets | $246K |
| Transparency Score | 85/100 |
Is Lexington United Soccer Club Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lexington United Soccer Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lexington United Soccer Club Inc
Lexington United Soccer Club Inc (EIN: 223026436) is a nonprofit organization based in Lexington, MA, classified under NTEE code N64. The organization reported total revenue of $783K and total assets of $484K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lexington United Soccer Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lexington United Soccer Club Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $933K |
| Total Expenses | $891K |
| Surplus / Deficit | +$43K |
| Total Assets | $516K |
| Total Liabilities | $270K |
| Net Assets | $246K |
| Operating Margin | 4.6% |
| Debt-to-Asset Ratio | 52.3% |
| Months of Reserves | 7.0 months |
Financial Health Grade: A
In 2024, Lexington United Soccer Club Inc reported a surplus of $43K with revenue exceeding expenses, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 52.3% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Lexington United Soccer Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.1% | +7.4% | +4.3% |
| 2023 | -2.2% | +18.2% | +27.3% |
| 2022 | +143.9% | +65.7% | +25.9% |
| 2021 | -48.0% | -40.5% | +16.0% |
| 2020 | +6.1% | +0.9% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2500 |
| IRS Ruling Date | 2005 |
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 United Soccer Club Inc 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Lexington United Soccer Club Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $43K, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.3%.
Executive Compensation Analysis
Executive compensation is not reported in their Form 990 filings, with 'c0%' consistently listed for all relevant categories, suggesting a volunteer-led or very low-paid leadership structure.
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 Lexington United Soccer Club Inc:
- Consistent revenue generation, with recent years showing growth (e.g., $933,108 in 2024 vs. $702,409 in 2017).
- Healthy asset growth, from $398,416 in 2017 to $516,282 in 2024, indicating good financial management.
- Low liability-to-asset ratio, demonstrating strong financial stability.
- No reported executive compensation, suggesting resources are primarily directed towards programs.
Frequently Asked Questions about Lexington United Soccer Club Inc
Is Lexington United Soccer Club Inc a legitimate charity?
Lexington United Soccer Club Inc (EIN: 223026436) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $783K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Lexington United Soccer Club Inc spend its money?
Lexington United Soccer Club Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Lexington United Soccer Club Inc tax-deductible?
Lexington United Soccer Club Inc is registered as a tax-exempt nonprofit (EIN: 223026436). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lexington United Soccer Club Inc's spending goes to programs?
Lexington United Soccer Club Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lexington United Soccer Club Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lexington United Soccer Club Inc 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 United Soccer Club Inc located?
Lexington United Soccer Club Inc is headquartered in Lexington, Massachusetts and files with the IRS under EIN 223026436. It is classified under NTEE code N64.
How many years of IRS 990 filings does Lexington United Soccer Club Inc have?
Lexington United Soccer Club 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 $783K in total revenue.
What does Lexington United Soccer Club Inc do?
Lexington United Soccer Club Inc is a nonprofit organization in the Recreation & Sports sector, located in Lexington, Massachusetts. It is classified under NTEE code N64.
How much revenue does Lexington United Soccer Club Inc have?
Lexington United Soccer Club Inc reported total revenue of $782,591. Based on 13 IRS 990 filings on record.
What are Lexington United Soccer Club Inc's total assets?
Lexington United Soccer Club Inc holds total assets of $484,288 as reported in IRS 990 filings.
Where is Lexington United Soccer Club Inc located?
Lexington United Soccer Club Inc is based in Lexington, Massachusetts.
What is Lexington United Soccer Club Inc's EIN?
Lexington United Soccer Club Inc's Employer Identification Number (EIN) is 223026436. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Lexington United Soccer Club Inc?
Lexington United Soccer Club Inc is classified under NTEE code N64 (Recreation & Sports).
Is Lexington United Soccer Club Inc a registered 501(c)(3)?
Yes, Lexington United Soccer Club Inc is recognized as a tax-exempt organization by the IRS. EIN: 223026436.
Does Lexington United Soccer Club Inc file IRS Form 990?
Yes, Lexington United Soccer Club Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202402.
What was Lexington United Soccer Club Inc's revenue in 2024?
In the 202402 filing period, Lexington United Soccer Club Inc reported total revenue of $933,108, total expenses of $890,554, and net assets of $516,282.
Is Lexington United Soccer Club Inc's revenue growing or declining?
Lexington United Soccer Club Inc's revenue is growing. Revenue went from $870,906 (202302) to $933,108 (202402), a +7.1% change. Based on 13 filings on record.
What is Lexington United Soccer Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Lexington United Soccer Club Inc covers tax period 202402. It shows revenue of $933,108, expenses of $890,554, total assets of $516,282, and liabilities of $269,877.
How much does Lexington United Soccer Club Inc spend on programs vs administration?
Based on IRS 990 analysis, Lexington United Soccer Club Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Lexington United Soccer Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Lexington United Soccer Club Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Lexington United Soccer Club Inc's strengths?
Positive indicators for Lexington United Soccer Club Inc include: Consistent revenue generation, with recent years showing growth (e.g., $933,108 in 2024 vs. $702,409 in 2017).. Healthy asset growth, from $398,416 in 2017 to $516,282 in 2024, indicating good financial management.. Low liability-to-asset ratio, demonstrating strong financial stability.. No reported executive compensation, suggesting resources are primarily directed towards programs.. These findings are derived from AI analysis of the organization's financial filings.
How does Lexington United Soccer Club Inc compensate executives?
Executive compensation is not reported in their Form 990 filings, with 'c0%' consistently listed for all relevant categories, suggesting a volunteer-led or very low-paid leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Lexington United Soccer Club Inc?
• Detailed financial statements are publicly available through their Form 990 filings. • The organization consistently reports 'c0%' for compensation of officers, directors, trustees, key employees, and highest compensated employees, indicating no reported compensation for these roles. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the 'c0%' for compensation, how does Lexington United Soccer Club Inc. manage its operational leadership and administrative functions?
The consistent reporting of 'c0%' for compensation of officers, directors, trustees, key employees, and highest compensated employees suggests that the organization relies heavily on volunteer leadership or that any paid administrative roles fall below the reporting thresholds for key employees, indicating a highly cost-efficient operational model.
What is the trend in program expenses relative to total expenses over the past few years, and what does this indicate about their mission focus?
While specific program expense breakdowns aren't provided in the raw data, the overall expenses (e.g., $890,554 in 2024) compared to revenue and the lack of executive compensation strongly imply that the vast majority of expenditures are directed towards their soccer programs, reinforcing a strong mission focus.
Filing History
IRS 990 filing history for Lexington United Soccer Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Lexington United Soccer Club Inc's revenue has grown by 100%, moving from $466K to $933K. Total assets increased by 91.2% over the same period, from $270K to $516K. Total functional expenses rose by 95.8%, from $455K to $891K. In its most recent filing year (2024), Lexington United Soccer Club Inc reported a surplus of $43K, with revenue exceeding expenses. The organization holds $270K in liabilities against $516K in assets (debt-to-asset ratio: 52.3%), resulting in net assets of $246K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $933K | $891K | $516K | $270K | — | View 990 |
| 2023 | $871K | $829K | $495K | $291K | — | — |
| 2022 | $890K | $701K | $389K | $227K | — | View 990 |
| 2021 | $365K | $423K | $309K | $336K | — | — |
| 2020 | $702K | $712K | $266K | $235K | — | View 990 |
| 2019 | $662K | $706K | $259K | $218K | — | View 990 |
| 2018 | $719K | $834K | $284K | $200K | — | View 990 |
| 2017 | $702K | $722K | $398K | $199K | — | View 990 |
| 2016 | $614K | $596K | $408K | $188K | — | View 990 |
| 2015 | $619K | $562K | $347K | $145K | — | View 990 |
| 2014 | $500K | $498K | $295K | $23K | — | View 990 |
| 2013 | $491K | $490K | $271K | $0 | — | View 990 |
| 2012 | $466K | $455K | $270K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $933K, expenses of $891K, and assets of $516K (revenue +7.1% year-over-year).
- 2023: Revenue of $871K, expenses of $829K, and assets of $495K (revenue -2.2% year-over-year).
- 2022: Revenue of $890K, expenses of $701K, and assets of $389K (revenue +143.9% year-over-year).
- 2021: Revenue of $365K, expenses of $423K, and assets of $309K (revenue -48.0% year-over-year).
- 2020: Revenue of $702K, expenses of $712K, and assets of $266K (revenue +6.1% year-over-year).
- 2019: Revenue of $662K, expenses of $706K, and assets of $259K (revenue -7.9% year-over-year).
- 2018: Revenue of $719K, expenses of $834K, and assets of $284K (revenue +2.3% year-over-year).
- 2017: Revenue of $702K, expenses of $722K, and assets of $398K (revenue +14.4% year-over-year).
- 2016: Revenue of $614K, expenses of $596K, and assets of $408K (revenue -0.8% year-over-year).
- 2015: Revenue of $619K, expenses of $562K, and assets of $347K (revenue +23.8% year-over-year).
- 2014: Revenue of $500K, expenses of $498K, and assets of $295K (revenue +1.8% year-over-year).
- 2013: Revenue of $491K, expenses of $490K, and assets of $271K (revenue +5.3% year-over-year).
- 2012: Revenue of $466K, expenses of $455K, and assets of $270K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lexington United Soccer Club Inc:
Data Sources and Methodology
This transparency report for Lexington United Soccer Club 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.