Liga Latinoamericana De Futbol
Small Albuquerque soccer league operates on tight margins with volunteer leadership.
EIN: 201562131 · Albuquerque, NM · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28K |
| Total Expenses | $29K |
| Program Spending | 95% |
| Net Assets | $65 |
| Transparency Score | 85/100 |
Is Liga Latinoamericana De Futbol Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Liga Latinoamericana De Futbol directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Liga Latinoamericana De Futbol
Liga Latinoamericana De Futbol (EIN: 201562131) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code N60. The organization reported total revenue of $28K and total assets of $798 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Liga Latinoamericana De Futbol's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Liga Latinoamericana De Futbol is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $29K |
| Surplus / Deficit | $-258 |
| Total Assets | $65 |
| Net Assets | $65 |
| Operating Margin | -0.9% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Liga Latinoamericana De Futbol reported a deficit of $258 with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Liga Latinoamericana De Futbol's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.0% | +24.9% | -79.9% |
| 2022 | +44.5% | +44.4% | +81.5% |
| 2021 | +423.6% | +408.1% | +102.3% |
| 2020 | -82.9% | -83.6% | -46.0% |
| 2019 | -3.4% | +11.0% | -88.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| 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 Liga Latinoamericana De Futbol 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Liga Latinoamericana De Futbol allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 deficit of $258, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based or receives no salary, which is appropriate for an organization of this size and revenue level.
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 Liga Latinoamericana De Futbol's IRS 990 filings:
- Very low asset base ($798) indicates limited financial reserves and resilience.
- Expenses frequently exceed revenue, as seen in 2023 ($28,527 expenses vs. $28,269 revenue), which can hinder long-term sustainability.
Strengths
The following positive indicators were identified for Liga Latinoamericana De Futbol:
- Consistent 0% officer compensation demonstrates strong commitment to mission and efficient use of funds.
- Regular IRS 990 filings indicate good transparency and compliance.
- Consistently low liabilities ($0 across all filings) suggests responsible financial management.
- Lean operations with nearly all revenue spent, likely directly on programs.
Frequently Asked Questions about Liga Latinoamericana De Futbol
Is Liga Latinoamericana De Futbol a legitimate charity?
Based on AI analysis of IRS 990 filings, Liga Latinoamericana De Futbol (EIN: 201562131) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Liga Latinoamericana De Futbol spend its money?
Liga Latinoamericana De Futbol directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Liga Latinoamericana De Futbol tax-deductible?
Liga Latinoamericana De Futbol is registered as a tax-exempt nonprofit (EIN: 201562131). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Liga Latinoamericana De Futbol compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Liga Latinoamericana De Futbol 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 Liga Latinoamericana De Futbol located?
Liga Latinoamericana De Futbol is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 201562131. It is classified under NTEE code N60.
How many years of IRS 990 filings does Liga Latinoamericana De Futbol have?
Liga Latinoamericana De Futbol 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 $28K in total revenue.
Is Liga Latinoamericana De Futbol a good charity?
Based on the available data, Liga Latinoamericana De Futbol appears to be a well-intentioned, community-focused organization. Its 0% officer compensation and consistent spending near its revenue suggest a high dedication to its mission with minimal overhead. However, its very small asset base ($798) means it has limited financial resilience.
How does the organization manage its expenses relative to its revenue?
The organization consistently spends nearly all of its revenue, often slightly exceeding it. For example, in 2023, expenses were $28,527 against $28,269 in revenue. This indicates a lean operation but also a lack of significant surplus for reserves or future growth.
What is the trend in the organization's financial stability?
The organization maintains a very small asset base, with assets rarely exceeding a few thousand dollars and currently at $798. While liabilities are consistently reported as $0, the lack of significant assets suggests limited financial stability and reliance on continuous incoming revenue to cover ongoing expenses.
Filing History
IRS 990 filing history for Liga Latinoamericana De Futbol showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Liga Latinoamericana De Futbol's revenue has grown by 23.7%, moving from $23K to $28K. Total assets decreased by 97% over the same period, from $2K to $65. Total functional expenses rose by 12.7%, from $25K to $29K. In its most recent filing year (2023), Liga Latinoamericana De Futbol reported a deficit of $258, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $29K | $65 | $0 | — | — |
| 2022 | $23K | $23K | $323 | $0 | — | View 990 |
| 2021 | $16K | $16K | $178 | $0 | — | — |
| 2020 | $3K | $3K | $88 | $0 | — | View 990 |
| 2019 | $18K | $19K | $163 | $0 | — | View 990 |
| 2018 | $18K | $17K | $1K | $0 | — | View 990 |
| 2017 | $25K | $25K | $104 | $0 | — | View 990 |
| 2016 | $27K | $29K | $160 | $0 | — | View 990 |
| 2015 | $30K | $29K | $3K | $0 | — | View 990 |
| 2014 | $26K | $28K | $1K | $0 | — | View 990 |
| 2013 | $26K | $25K | $3K | $0 | — | View 990 |
| 2012 | $22K | $23K | $2K | $0 | — | View 990 |
| 2011 | $23K | $25K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28K, expenses of $29K, and assets of $65 (revenue +23.0% year-over-year).
- 2022: Revenue of $23K, expenses of $23K, and assets of $323 (revenue +44.5% year-over-year).
- 2021: Revenue of $16K, expenses of $16K, and assets of $178 (revenue +423.6% year-over-year).
- 2020: Revenue of $3K, expenses of $3K, and assets of $88 (revenue -82.9% year-over-year).
- 2019: Revenue of $18K, expenses of $19K, and assets of $163 (revenue -3.4% year-over-year).
- 2018: Revenue of $18K, expenses of $17K, and assets of $1K (revenue -27.6% year-over-year).
- 2017: Revenue of $25K, expenses of $25K, and assets of $104 (revenue -5.7% year-over-year).
- 2016: Revenue of $27K, expenses of $29K, and assets of $160 (revenue -11.4% year-over-year).
- 2015: Revenue of $30K, expenses of $29K, and assets of $3K (revenue +17.5% year-over-year).
- 2014: Revenue of $26K, expenses of $28K, and assets of $1K (revenue -1.3% year-over-year).
- 2013: Revenue of $26K, expenses of $25K, and assets of $3K (revenue +16.5% year-over-year).
- 2012: Revenue of $22K, expenses of $23K, and assets of $2K (revenue -1.7% year-over-year).
- 2011: Revenue of $23K, expenses of $25K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Liga Latinoamericana De Futbol:
Data Sources and Methodology
This transparency report for Liga Latinoamericana De Futbol 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.