Mat Valley Soccer Club Inc
Mat Valley Soccer Club Inc. operates with volunteer leadership and no debt, maintaining stable assets despite fluctuating annual revenues.
EIN: 202396068 · Wasilla, AK · NTEE: N60 · Updated: 2026-03-28
Is Mat Valley 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 →
Mat Valley Soccer Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mat Valley Soccer Club Inc
Mat Valley Soccer Club Inc (EIN: 202396068) is a nonprofit organization based in Wasilla, AK, classified under NTEE code N60. The organization reported total revenue of $120K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mat Valley Soccer Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mat Valley Soccer Club Inc is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -3.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $92K |
| Total Expenses | $102K |
| Surplus / Deficit | $-9,675 |
| Total Assets | $56K |
| Net Assets | $56K |
| Operating Margin | -10.5% |
| Months of Reserves | 6.6 months |
Financial Health Grade: B
In 2022, Mat Valley Soccer Club Inc reported a deficit of $10K with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Mat Valley Soccer Club Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -7.6% | +88.3% | -14.6% |
| 2021 | +189.3% | -34.7% | +223.7% |
| 2020 | -72.0% | -34.1% | -70.3% |
| 2019 | -11.7% | -13.4% | -3.3% |
| 2018 | -0.4% | +1.1% | -7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2006 |
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 Mat Valley 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: 90%
- fundraising: 0%
According to IRS 990 filings, Mat Valley Soccer Club 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is run by volunteer leadership. This is highly efficient for an organization of its size, ensuring that all funds are directed towards its programs and operational costs.
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 Mat Valley Soccer Club Inc's IRS 990 filings:
- Occasional operating deficits, such as in 202212 where expenses ($101,991) exceeded revenue ($92,316).
Strengths
The following positive indicators were identified for Mat Valley Soccer Club Inc:
- Consistent 0% officer compensation, indicating volunteer leadership.
- Zero reported liabilities across all filings, demonstrating strong financial health and no debt.
- Stable asset base, typically between $60,000 and $80,000, providing a solid foundation.
- Strong program focus due to minimal administrative overhead and no fundraising expenses reported.
Frequently Asked Questions about Mat Valley Soccer Club Inc
Is Mat Valley Soccer Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mat Valley Soccer Club Inc (EIN: 202396068) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Mat Valley Soccer Club Inc spend its money?
Mat Valley Soccer Club Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mat Valley Soccer Club Inc tax-deductible?
Mat Valley Soccer Club Inc is registered as a tax-exempt nonprofit (EIN: 202396068). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mat Valley Soccer Club Inc. a good charity?
Based on the available IRS 990 data, Mat Valley Soccer Club Inc. appears to be a good charity. It operates with 0% officer compensation, indicating volunteer leadership, and consistently reports zero liabilities, suggesting strong financial health and no debt. Its assets are stable, and funds are likely directed efficiently to its programs.
How does Mat Valley Soccer Club Inc. manage its debt?
Mat Valley Soccer Club Inc. consistently reports $0 in liabilities across all available IRS 990 filings, indicating that the organization operates without debt.
What is the trend in Mat Valley Soccer Club Inc.'s revenue?
Mat Valley Soccer Club Inc.'s revenue has fluctuated over the past decade, ranging from a low of $34,531 in 202012 to a high of $153,153 in 201612. The latest reported revenue is $92,316 for Period 202212, showing variability but generally staying within a consistent range.
Filing History
IRS 990 filing history for Mat Valley Soccer Club Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Mat Valley Soccer Club Inc's revenue has declined by 34.2%, moving from $140K to $92K. Total assets increased by 115% over the same period, from $26K to $56K. Total functional expenses fell by 23%, from $133K to $102K. In its most recent filing year (2022), Mat Valley Soccer Club Inc reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $92K | $102K | $56K | $0 | — | View 990 |
| 2021 | $100K | $54K | $66K | $0 | — | View 990 |
| 2020 | $35K | $83K | $20K | $0 | — | View 990 |
| 2019 | $123K | $126K | $69K | $0 | — | View 990 |
| 2018 | $140K | $145K | $71K | $0 | — | View 990 |
| 2017 | $140K | $144K | $77K | $0 | — | View 990 |
| 2016 | $153K | $157K | $80K | $0 | — | View 990 |
| 2015 | $149K | $141K | $83K | $0 | — | View 990 |
| 2014 | $127K | $115K | $75K | $0 | — | View 990 |
| 2013 | $127K | $132K | $63K | $0 | — | View 990 |
| 2012 | $176K | $133K | $69K | $0 | — | View 990 |
| 2011 | $140K | $133K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $92K, expenses of $102K, and assets of $56K (revenue -7.6% year-over-year).
- 2021: Revenue of $100K, expenses of $54K, and assets of $66K (revenue +189.3% year-over-year).
- 2020: Revenue of $35K, expenses of $83K, and assets of $20K (revenue -72.0% year-over-year).
- 2019: Revenue of $123K, expenses of $126K, and assets of $69K (revenue -11.7% year-over-year).
- 2018: Revenue of $140K, expenses of $145K, and assets of $71K (revenue -0.4% year-over-year).
- 2017: Revenue of $140K, expenses of $144K, and assets of $77K (revenue -8.3% year-over-year).
- 2016: Revenue of $153K, expenses of $157K, and assets of $80K (revenue +3.1% year-over-year).
- 2015: Revenue of $149K, expenses of $141K, and assets of $83K (revenue +16.9% year-over-year).
- 2014: Revenue of $127K, expenses of $115K, and assets of $75K (revenue +0.4% year-over-year).
- 2013: Revenue of $127K, expenses of $132K, and assets of $63K (revenue -28.0% year-over-year).
- 2012: Revenue of $176K, expenses of $133K, and assets of $69K (revenue +25.2% year-over-year).
- 2011: Revenue of $140K, expenses of $133K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mat Valley Soccer Club Inc:
Data Sources and Methodology
This transparency report for Mat Valley 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.