Michigan State Premier Soccer Program

Is Michigan State Premier Soccer Program Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Michigan State Premier Soccer Program directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Michigan State Premier Soccer Program

Michigan State Premier Soccer Program (EIN: 200488282) is a nonprofit organization based in Plymouth, MI, classified under NTEE code N64. The organization reported total revenue of $495K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michigan State Premier Soccer Program's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Michigan State Premier Soccer Program is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.7%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2024, Michigan State Premier Soccer Program reported a surplus of $22K with revenue exceeding expenses, holds 26.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).

Financial Trends

Over 13 years of filings (2012–2024), Michigan State Premier Soccer Program's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.

IRS Tax-Exempt Classification

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 Michigan State Premier Soccer Program with a Mission Score of 88 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, Michigan State Premier Soccer Program 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 (2024)

From the most recent IRS 990 filing on record:

• The organization reported a surplus of $22K, with revenue exceeding expenses.
• Debt-to-asset ratio: 3.6%.

Executive Compensation Analysis

Michigan State Premier Soccer Program consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly unusual for an organization with over $400,000 in annual revenue and over $1 million in assets.

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 Michigan State Premier Soccer Program's IRS 990 filings:

• Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data makes precise efficiency analysis challenging.

Strengths

The following positive indicators were identified for Michigan State Premier Soccer Program:

• Consistent asset growth, more than doubling from $516,007 in 2015 to $1,037,169 in 2024.
• No reported officer compensation across all filings, indicating high resource allocation to mission.
• Healthy financial position with revenues generally exceeding expenses.
• Low liabilities relative to assets, demonstrating strong financial stability.
• Strong filing history with 13 IRS 990 filings, indicating good transparency and compliance.

Frequently Asked Questions about Michigan State Premier Soccer Program

Filing History

IRS 990 filing history for Michigan State Premier Soccer Program showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Michigan State Premier Soccer Program's revenue has grown by 21.9%, moving from $397K to $485K. Total assets increased by 290.4% over the same period, from $266K to $1.0M. Total functional expenses rose by 59%, from $291K to $463K. In its most recent filing year (2024), Michigan State Premier Soccer Program reported a surplus of $22K, with revenue exceeding expenses. The organization holds $38K in liabilities against $1.0M in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $999K.

Year-by-Year Financial Summary

• 2024: Revenue of $485K, expenses of $463K, and assets of $1.0M (revenue +8.7% year-over-year).
• 2023: Revenue of $446K, expenses of $440K, and assets of $994K (revenue +1.0% year-over-year).
• 2022: Revenue of $441K, expenses of $429K, and assets of $986K (revenue -4.2% year-over-year).
• 2021: Revenue of $460K, expenses of $409K, and assets of $959K (revenue +66.7% year-over-year).
• 2020: Revenue of $276K, expenses of $328K, and assets of $908K (revenue -43.3% year-over-year).
• 2019: Revenue of $488K, expenses of $399K, and assets of $960K (revenue -6.2% year-over-year).
• 2018: Revenue of $520K, expenses of $401K, and assets of $871K (revenue +6.8% year-over-year).
• 2017: Revenue of $487K, expenses of $364K, and assets of $752K (revenue +0.2% year-over-year).
• 2016: Revenue of $486K, expenses of $372K, and assets of $629K (revenue +7.7% year-over-year).
• 2015: Revenue of $451K, expenses of $374K, and assets of $516K (revenue +8.1% year-over-year).
• 2014: Revenue of $417K, expenses of $350K, and assets of $440K (revenue +1.1% year-over-year).
• 2013: Revenue of $413K, expenses of $306K, and assets of $372K (revenue +3.9% year-over-year).
• 2012: Revenue of $397K, expenses of $291K, and assets of $266K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Michigan State Premier Soccer Program:

Data Sources and Methodology

This transparency report for Michigan State Premier Soccer Program 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.