Lightning Soccer Inc
Lightning Soccer Inc maintains stable operations with no officer compensation, showing consistent asset growth.
EIN: 205991178 · Hanover, NH · NTEE: N64 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $327K |
| Total Expenses | $269K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $240,000 |
| Net Assets | $265K |
| Transparency Score | 90/100 |
Is Lightning Soccer Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lightning Soccer Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lightning Soccer Inc
Lightning Soccer Inc (EIN: 205991178) is a nonprofit organization based in Hanover, NH, classified under NTEE code N64. The organization reported total revenue of $327K and total assets of $265K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lightning Soccer Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lightning Soccer Inc is a small nonprofit that has been operating for 16 years, with 9 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $327K |
| Total Expenses | $269K |
| Surplus / Deficit | +$59K |
| Total Assets | $265K |
| Total Liabilities | $157 |
| Net Assets | $265K |
| Operating Margin | 18.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 11.8 months |
Financial Health Grade: A
In 2021, Lightning Soccer Inc reported a surplus of $59K with revenue exceeding expenses, holds 11.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2021), Lightning Soccer Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +36.1% | -12.0% | +10.0% |
| 2020 | -43.2% | -28.1% | -12.3% |
| 2019 | -6.9% | +6.0% | -1.1% |
| 2018 | -5.1% | -15.2% | +19.6% |
| 2017 | -8.2% | +5.9% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2010 |
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 Lightning Soccer Inc with a Mission Score of 90 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: 90%
- fundraising: 0%
According to IRS 990 filings, Lightning Soccer Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $59K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all nine available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its size with revenues ranging from $240,000 to over $500,000.
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 Lightning Soccer Inc's IRS 990 filings:
- Occasional periods where expenses exceeded revenue (e.g., 2020, 2019), potentially drawing on reserves.
Strengths
The following positive indicators were identified for Lightning Soccer Inc:
- Consistent 0% officer compensation across all filings, indicating strong mission focus.
- Strong asset base relative to liabilities, demonstrating financial solvency (e.g., $264,991 assets vs. $157 liabilities in 2021).
- Long and consistent history of IRS 990 filings (9 filings), indicating high transparency.
- Stable operations over a decade, with consistent revenue generation and asset growth.
- Lean administrative structure implied by lack of executive compensation.
Frequently Asked Questions about Lightning Soccer Inc
Is Lightning Soccer Inc a legitimate charity?
Lightning Soccer Inc (EIN: 205991178) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 9 years of IRS 990 filings on record. Total revenue: $327K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Lightning Soccer Inc spend its money?
Lightning Soccer Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Lightning Soccer Inc tax-deductible?
Lightning Soccer Inc is registered as a tax-exempt nonprofit (EIN: 205991178). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lightning Soccer Inc CEO make?
Lightning Soccer Inc's highest-compensated officer earns $240,000 annually. The organization reported $327K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Lightning Soccer Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Lightning Soccer 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 Lightning Soccer Inc located?
Lightning Soccer Inc is headquartered in Hanover, New Hampshire and files with the IRS under EIN 205991178. It is classified under NTEE code N64.
How many years of IRS 990 filings does Lightning Soccer Inc have?
Lightning Soccer Inc has 9 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 $327K in total revenue.
Is Lightning Soccer Inc a good charity?
Based on the provided financial data, Lightning Soccer Inc appears to be a good charity. It consistently reports 0% officer compensation, indicating that funds are directed towards its mission. Its assets consistently exceed liabilities, and it has a long history of IRS 990 filings, demonstrating transparency and stability.
How has Lightning Soccer Inc's revenue trended over time?
Lightning Soccer Inc's revenue has fluctuated over the years, peaking at $521,928 in 2016 and reaching a low of $240,565 in 2020. The latest reported revenue in 2021 was $327,354, showing some recovery from the 2020 dip.
What is the organization's financial stability?
The organization demonstrates strong financial stability. In 2021, assets were $264,991 against very low liabilities of $157. This trend of assets significantly exceeding liabilities is consistent across most years, indicating a healthy balance sheet and ability to cover its obligations.
Does Lightning Soccer Inc spend efficiently?
While specific program spending percentages are not detailed, the consistent reporting of 0% officer compensation strongly suggests efficient spending, as no funds are diverted to executive salaries. This implies a high proportion of expenses likely go directly to program activities and necessary administrative overhead.
Are there any concerns about the organization's financial management?
A minor concern is that expenses occasionally exceeded revenue, such as in 2020 ($305,313 expenses vs. $240,565 revenue) and 2019 ($424,356 expenses vs. $423,171 revenue). While this can be managed through reserves, consistent deficits could be unsustainable. However, the overall asset growth and low liabilities mitigate this concern.
Filing History
IRS 990 filing history for Lightning Soccer Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2021), Lightning Soccer Inc's revenue has declined by 8.4%, moving from $357K to $327K. Total assets increased by 169.6% over the same period, from $98K to $265K. Total functional expenses fell by 18.6%, from $330K to $269K. In its most recent filing year (2021), Lightning Soccer Inc reported a surplus of $59K, with revenue exceeding expenses. The organization holds $157 in liabilities against $265K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $265K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $327K | $269K | $265K | $157 | — | — |
| 2020 | $241K | $305K | $241K | $35K | — | View 990 |
| 2019 | $423K | $424K | $275K | $4K | — | View 990 |
| 2018 | $455K | $400K | $278K | $6K | — | View 990 |
| 2017 | $479K | $472K | $232K | $15K | — | View 990 |
| 2016 | $522K | $446K | $222K | $12K | — | View 990 |
| 2015 | $402K | $399K | $139K | $4K | — | View 990 |
| 2013 | $348K | $320K | $116K | $2K | — | View 990 |
| 2012 | $357K | $330K | $98K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $327K, expenses of $269K, and assets of $265K (revenue +36.1% year-over-year).
- 2020: Revenue of $241K, expenses of $305K, and assets of $241K (revenue -43.2% year-over-year).
- 2019: Revenue of $423K, expenses of $424K, and assets of $275K (revenue -6.9% year-over-year).
- 2018: Revenue of $455K, expenses of $400K, and assets of $278K (revenue -5.1% year-over-year).
- 2017: Revenue of $479K, expenses of $472K, and assets of $232K (revenue -8.2% year-over-year).
- 2016: Revenue of $522K, expenses of $446K, and assets of $222K (revenue +29.8% year-over-year).
- 2015: Revenue of $402K, expenses of $399K, and assets of $139K (revenue +15.4% year-over-year).
- 2013: Revenue of $348K, expenses of $320K, and assets of $116K (revenue -2.6% year-over-year).
- 2012: Revenue of $357K, expenses of $330K, and assets of $98K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lightning Soccer Inc:
Data Sources and Methodology
This transparency report for Lightning Soccer 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.