Massapequa Soccer Club Inc
Massapequa Soccer Club Inc consistently operates near break-even with growing assets and no reported officer compensation.
EIN: 112483359 · Massapequa Pk, NY · NTEE: N64 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $847K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $923K |
| Transparency Score | 92/100 |
Is Massapequa Soccer Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Massapequa Soccer Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Massapequa Soccer Club Inc
Massapequa Soccer Club Inc (EIN: 112483359) is a nonprofit organization based in Massapequa Pk, NY, classified under NTEE code N64. The organization reported total revenue of $2.2M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Massapequa Soccer Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Massapequa Soccer Club Inc is a mid-size nonprofit that has been operating for 12 years, with 16 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $816K |
| Total Expenses | $847K |
| Surplus / Deficit | $-30,507 |
| Total Assets | $923K |
| Net Assets | $923K |
| Operating Margin | -3.7% |
| Months of Reserves | 13.1 months |
Financial Health Grade: B
In 2023, Massapequa Soccer Club Inc reported a deficit of $31K with expenses exceeding revenue, holds 13.1 months of operating reserves (strong position).
Financial Trends
Over 16 years of filings (2008–2023), Massapequa Soccer Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.2% | -50.6% | -3.2% |
| 2022 | -8.6% | -3.9% | +18.5% |
| 2021 | +97.1% | +70.6% | +46.4% |
| 2020 | -27.0% | -22.4% | -2.0% |
| 2019 | -0.7% | -2.2% | +14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
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 Massapequa Soccer Club Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Massapequa Soccer Club Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $31K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization, which is highly efficient for a club with annual revenues often exceeding $1 million.
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 Massapequa Soccer Club Inc's IRS 990 filings:
- Revenue fluctuations year-over-year, such as the drop from $1,862,846 in 2022 to $816,209 in 2023, warrant further investigation into the cause.
Strengths
The following positive indicators were identified for Massapequa Soccer Club Inc:
- Consistent reporting of 0% officer compensation, indicating a volunteer-driven leadership and high efficiency.
- Assets have shown consistent growth over the years, from $255,055 in 2015 to $923,028 in 2023, demonstrating financial stability.
- Minimal liabilities consistently reported ($0 or $10), indicating strong financial health and low debt.
- Long history of IRS 990 filings (16 filings), demonstrating commitment to transparency and compliance.
- Expenses consistently align closely with revenues, suggesting efficient utilization of funds for its programs.
Frequently Asked Questions about Massapequa Soccer Club Inc
Is Massapequa Soccer Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Massapequa Soccer Club Inc (EIN: 112483359) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Massapequa Soccer Club Inc spend its money?
Massapequa Soccer Club Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Massapequa Soccer Club Inc tax-deductible?
Massapequa Soccer Club Inc is registered as a tax-exempt nonprofit (EIN: 112483359). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Massapequa Soccer Club Inc CEO make?
Massapequa Soccer Club Inc's highest-compensated officer earns $1 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Massapequa Soccer Club Inc's spending goes to programs?
Massapequa Soccer Club Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Massapequa Soccer Club Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Massapequa 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 Massapequa Soccer Club Inc located?
Massapequa Soccer Club Inc is headquartered in Massapequa Pk, New York and files with the IRS under EIN 112483359. It is classified under NTEE code N64.
How many years of IRS 990 filings does Massapequa Soccer Club Inc have?
Massapequa Soccer Club Inc has 16 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 $2.2M in total revenue.
Is Massapequa Soccer Club Inc a good charity?
Based on the provided financial data, Massapequa Soccer Club Inc appears to be a well-managed organization. It consistently operates with revenues closely matching expenses, indicating efficient use of funds. The consistent reporting of zero officer compensation is a strong positive, suggesting a high dedication to its mission and efficient resource allocation. Its assets have also shown consistent growth, from $255,055 in 2015 to $923,028 in 2023, demonstrating financial stability.
How does Massapequa Soccer Club Inc manage its finances?
The club manages its finances by generally spending what it earns, with expenses closely tracking revenues. For example, in 2023, revenues were $816,209 and expenses were $846,716. It maintains minimal liabilities (often $0 or $10) and has steadily grown its assets over time, indicating prudent financial stewardship and reinvestment.
What is the trend in Massapequa Soccer Club Inc's revenue?
Massapequa Soccer Club Inc's revenue has fluctuated but generally shows a strong base above $1 million, with peaks like $2,038,902 in 2021. While there was a dip to $816,209 in 2023 from $1,862,846 in 2022, the overall trend over the past decade indicates a robust and active organization.
Filing History
IRS 990 filing history for Massapequa Soccer Club Inc showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2008–2023), Massapequa Soccer Club Inc's revenue has grown by 19.3%, moving from $684K to $816K. Total assets increased by 294.4% over the same period, from $234K to $923K. Total functional expenses rose by 47%, from $576K to $847K. In its most recent filing year (2023), Massapequa Soccer Club Inc reported a deficit of $31K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $816K | $847K | $923K | $0 | — | — |
| 2022 | $1.9M | $1.7M | $954K | $10 | — | View 990 |
| 2021 | $2.0M | $1.8M | $805K | $10 | — | View 990 |
| 2020 | $1.0M | $1.0M | $549K | $44 | — | View 990 |
| 2019 | $1.4M | $1.3M | $561K | $0 | — | View 990 |
| 2018 | $1.4M | $1.4M | $489K | $0 | — | View 990 |
| 2017 | $1.5M | $1.4M | $437K | $0 | — | View 990 |
| 2016 | $1.5M | $1.4M | $361K | $0 | — | View 990 |
| 2015 | $1.1M | $1.2M | $255K | $0 | — | View 990 |
| 2014 | $1.2M | $1.2M | $364K | $0 | — | View 990 |
| 2013 | $1.2M | $1.2M | $345K | $0 | — | View 990 |
| 2012 | $946K | $1.1M | $328K | $0 | — | View 990 |
| 2011 | $848K | $803K | $442K | $0 | — | View 990 |
| 2010 | $961K | $782K | $398K | $0 | — | View 990 |
| 2009 | $733K | $748K | $219K | $0 | — | View 990 |
| 2008 | $684K | $576K | $234K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $816K, expenses of $847K, and assets of $923K (revenue -56.2% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.7M, and assets of $954K (revenue -8.6% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.8M, and assets of $805K (revenue +97.1% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.0M, and assets of $549K (revenue -27.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $561K (revenue -0.7% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $489K (revenue -3.9% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.4M, and assets of $437K (revenue -0.6% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.4M, and assets of $361K (revenue +33.1% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.2M, and assets of $255K (revenue -6.0% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $364K (revenue +0.2% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $345K (revenue +25.9% year-over-year).
- 2012: Revenue of $946K, expenses of $1.1M, and assets of $328K (revenue +11.6% year-over-year).
- 2011: Revenue of $848K, expenses of $803K, and assets of $442K (revenue -11.8% year-over-year).
- 2010: Revenue of $961K, expenses of $782K, and assets of $398K (revenue +31.1% year-over-year).
- 2009: Revenue of $733K, expenses of $748K, and assets of $219K (revenue +7.2% year-over-year).
- 2008: Revenue of $684K, expenses of $576K, and assets of $234K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Massapequa Soccer Club Inc:
Data Sources and Methodology
This transparency report for Massapequa 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.