Lynnfield Youth Soccer Club
EIN: 43224243 · Lynnfield, MA · NTEE: O23
| Metric | Value |
|---|---|
| Total Revenue | $243K |
| Total Expenses | $147K |
| Net Assets | $180K |
Is Lynnfield Youth Soccer Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lynnfield Youth Soccer Club
Lynnfield Youth Soccer Club (EIN: 43224243) is a nonprofit organization based in Lynnfield, MA, classified under NTEE code O23. The organization reported total revenue of $243K and total assets of $357K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lynnfield Youth Soccer Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lynnfield Youth Soccer Club is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $147K |
| Surplus / Deficit | +$36K |
| Total Assets | $264K |
| Total Liabilities | $84K |
| Net Assets | $180K |
| Operating Margin | 19.6% |
| Debt-to-Asset Ratio | 31.7% |
| Months of Reserves | 21.6 months |
Financial Health Grade: A
In 2023, Lynnfield Youth Soccer Club reported a surplus of $36K with revenue exceeding expenses, holds 21.6 months of operating reserves (strong position), has a debt-to-asset ratio of 31.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lynnfield Youth Soccer Club's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +57.7% | +6.2% | +17.3% |
| 2022 | +43.2% | +50.2% | +22.8% |
| 2021 | -54.4% | -65.1% | +2.9% |
| 2020 | +4.4% | +110.7% | -47.6% |
| 2019 | +13.8% | -16.8% | +21.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lynnfield Youth Soccer Club has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lynnfield Youth Soccer Club with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.7%.
Frequently Asked Questions about Lynnfield Youth Soccer Club
Is Lynnfield Youth Soccer Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Lynnfield Youth Soccer Club (EIN: 43224243) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lynnfield Youth Soccer Club spend its money?
Detailed spending breakdown data is not yet available for Lynnfield Youth Soccer Club. Check back for updated IRS 990 analysis.
Are donations to Lynnfield Youth Soccer Club tax-deductible?
Lynnfield Youth Soccer Club is registered as a tax-exempt nonprofit (EIN: 43224243). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lynnfield Youth Soccer Club located?
Lynnfield Youth Soccer Club is headquartered in Lynnfield, Massachusetts and files with the IRS under EIN 43224243. It is classified under NTEE code O23.
How many years of IRS 990 filings does Lynnfield Youth Soccer Club have?
Lynnfield Youth Soccer Club 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 $243K in total revenue.
Filing History
IRS 990 filing history for Lynnfield Youth Soccer Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lynnfield Youth Soccer Club's revenue has grown by 42.2%, moving from $128K to $182K. Total assets increased by 3.2% over the same period, from $256K to $264K. Total functional expenses rose by 57.5%, from $93K to $147K. In its most recent filing year (2023), Lynnfield Youth Soccer Club reported a surplus of $36K, with revenue exceeding expenses. The organization holds $84K in liabilities against $264K in assets (debt-to-asset ratio: 31.7%), resulting in net assets of $180K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $182K | $147K | $264K | $84K | — | View 990 |
| 2022 | $116K | $138K | $225K | $80K | — | View 990 |
| 2021 | $81K | $92K | $183K | $16K | — | View 990 |
| 2020 | $177K | $263K | $178K | $0 | — | View 990 |
| 2019 | $170K | $125K | $340K | $76K | — | View 990 |
| 2018 | $149K | $150K | $280K | $61K | — | View 990 |
| 2017 | $157K | $143K | $275K | $55K | — | View 990 |
| 2016 | $187K | $166K | $266K | $60K | — | View 990 |
| 2015 | $157K | $162K | $248K | $62K | — | View 990 |
| 2014 | $135K | $146K | $250K | $59K | — | View 990 |
| 2013 | $120K | $133K | $251K | $49K | — | View 990 |
| 2012 | $134K | $127K | $257K | $42K | — | View 990 |
| 2011 | $128K | $93K | $256K | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $182K, expenses of $147K, and assets of $264K (revenue +57.7% year-over-year).
- 2022: Revenue of $116K, expenses of $138K, and assets of $225K (revenue +43.2% year-over-year).
- 2021: Revenue of $81K, expenses of $92K, and assets of $183K (revenue -54.4% year-over-year).
- 2020: Revenue of $177K, expenses of $263K, and assets of $178K (revenue +4.4% year-over-year).
- 2019: Revenue of $170K, expenses of $125K, and assets of $340K (revenue +13.8% year-over-year).
- 2018: Revenue of $149K, expenses of $150K, and assets of $280K (revenue -4.9% year-over-year).
- 2017: Revenue of $157K, expenses of $143K, and assets of $275K (revenue -16.0% year-over-year).
- 2016: Revenue of $187K, expenses of $166K, and assets of $266K (revenue +19.0% year-over-year).
- 2015: Revenue of $157K, expenses of $162K, and assets of $248K (revenue +16.6% year-over-year).
- 2014: Revenue of $135K, expenses of $146K, and assets of $250K (revenue +12.3% year-over-year).
- 2013: Revenue of $120K, expenses of $133K, and assets of $251K (revenue -10.9% year-over-year).
- 2012: Revenue of $134K, expenses of $127K, and assets of $257K (revenue +4.8% year-over-year).
- 2011: Revenue of $128K, expenses of $93K, and assets of $256K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lynnfield Youth Soccer Club:
Data Sources and Methodology
This transparency report for Lynnfield Youth 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.