Mount Rainier Futbol Club
Mount Rainier Futbol Club shows strong revenue growth but faces increasing liabilities relative to assets.
EIN: 205845129 · Buckley, WA · NTEE: N65 · Updated: 2026-03-28
Is Mount Rainier Futbol Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Rainier Futbol Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Rainier Futbol Club
Mount Rainier Futbol Club (EIN: 205845129) is a nonprofit organization based in Buckley, WA, classified under NTEE code N65. The organization reported total revenue of $1.8M and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Rainier Futbol Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mount Rainier Futbol Club with a Mission Score of 75 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Mount Rainier Futbol Club allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Mount Rainier Futbol Club consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size.
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 Mount Rainier Futbol Club's IRS 990 filings:
- High liabilities relative to assets (e.g., $512,306 liabilities vs. $51,111 assets in 2023)
- Consistent negative net assets in recent years (expenses exceeding revenue in multiple periods)
Strengths
The following positive indicators were identified for Mount Rainier Futbol Club:
- Consistent revenue growth over the past decade, indicating expanding reach and impact.
- Zero reported officer compensation, demonstrating volunteer leadership and efficient use of funds.
- Regular and consistent IRS 990 filings, indicating good transparency.
Frequently Asked Questions about Mount Rainier Futbol Club
Is Mount Rainier Futbol Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Rainier Futbol Club (EIN: 205845129) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Mount Rainier Futbol Club spend its money?
Mount Rainier Futbol Club directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mount Rainier Futbol Club tax-deductible?
Mount Rainier Futbol Club is registered as a tax-exempt nonprofit (EIN: 205845129). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mount Rainier Futbol Club financially stable given its high liabilities?
The club's liabilities have significantly exceeded its assets in recent years (e.g., $512,306 in liabilities vs. $51,111 in assets in 2023). While this could be due to specific operational models or deferred revenue, it warrants further investigation to understand the nature of these liabilities and their potential impact on long-term financial stability.
How does the organization manage its rapid growth in revenue and expenses?
Mount Rainier Futbol Club has experienced substantial growth, with revenue increasing from $225,673 in 2014 to $1,773,499 in 2023. Managing this scale of growth effectively, especially with increasing liabilities, is crucial for sustained operations.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the provided data doesn't offer a detailed breakdown, the general trend of expenses closely matching revenue suggests a significant portion goes towards program delivery. A detailed 990 analysis would provide precise percentages.
Filing History
IRS 990 filing history for Mount Rainier Futbol Club showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Mount Rainier Futbol Club's revenue has grown by 930.8%, moving from $172K to $1.8M. Total assets decreased by 19.1% over the same period, from $63K to $51K. Total functional expenses rose by 675%, from $243K to $1.9M. In its most recent filing year (2023), Mount Rainier Futbol Club reported a deficit of $108K, with expenses exceeding revenue. The organization holds $512K in liabilities against $51K in assets (debt-to-asset ratio: 1002.3%), resulting in net assets of $-461,195.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $51K | $512K | — | — |
| 2022 | $1.4M | $1.4M | $214K | $567K | — | — |
| 2021 | $971K | $1.0M | $167K | $473K | — | View 990 |
| 2020 | $672K | $678K | $154K | $432K | — | View 990 |
| 2019 | $869K | $1.0M | $52K | $324K | — | — |
| 2018 | $830K | $872K | $14K | $130K | — | View 990 |
| 2017 | $363K | $460K | $28K | $102K | — | View 990 |
| 2016 | $313K | $347K | $65K | $42K | — | View 990 |
| 2015 | $268K | $272K | $57K | $0 | — | View 990 |
| 2014 | $226K | $226K | $62K | $0 | — | View 990 |
| 2013 | $176K | $177K | $88K | $0 | — | View 990 |
| 2012 | $172K | $243K | $63K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $51K (revenue +28.0% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.4M, and assets of $214K (revenue +42.6% year-over-year).
- 2021: Revenue of $971K, expenses of $1.0M, and assets of $167K (revenue +44.5% year-over-year).
- 2020: Revenue of $672K, expenses of $678K, and assets of $154K (revenue -22.6% year-over-year).
- 2019: Revenue of $869K, expenses of $1.0M, and assets of $52K (revenue +4.7% year-over-year).
- 2018: Revenue of $830K, expenses of $872K, and assets of $14K (revenue +128.7% year-over-year).
- 2017: Revenue of $363K, expenses of $460K, and assets of $28K (revenue +15.9% year-over-year).
- 2016: Revenue of $313K, expenses of $347K, and assets of $65K (revenue +16.8% year-over-year).
- 2015: Revenue of $268K, expenses of $272K, and assets of $57K (revenue +18.7% year-over-year).
- 2014: Revenue of $226K, expenses of $226K, and assets of $62K (revenue +27.9% year-over-year).
- 2013: Revenue of $176K, expenses of $177K, and assets of $88K (revenue +2.5% year-over-year).
- 2012: Revenue of $172K, expenses of $243K, and assets of $63K.
Data Sources and Methodology
This transparency report for Mount Rainier Futbol 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.