Mtfc Goodlettsville Soccer Inc

Mtfc Goodlettsville Soccer Inc consistently operates with a surplus and zero liabilities, growing assets steadily.

EIN: 200796395 · Goodlettsvlle, TN · NTEE: N64 · Updated: 2026-03-28

$287KRevenue

$192KAssets

90/100Mission Score (Excellent)

N64

About Mtfc Goodlettsville Soccer Inc

Mtfc Goodlettsville Soccer Inc (EIN: 200796395) is a nonprofit organization based in Goodlettsvlle, TN, classified under NTEE code N64. The organization reported total revenue of $287K and total assets of $192K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mtfc Goodlettsville Soccer Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mtfc Goodlettsville Soccer Inc demonstrates consistent financial health with a positive net income in most recent years. For the 202405 period, the organization reported revenues of $273,388 against expenses of $220,473, indicating a healthy surplus. This trend of revenue exceeding expenses is generally positive, contributing to a steady growth in assets from $61,755 in 202005 to $169,411 in 202405. The organization's liabilities have consistently been reported as $0 across all available filings, which is a strong indicator of financial stability and responsible management, as it suggests no outstanding debt.

The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation, implying that resources are directly allocated to operational costs and programs rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial picture suggests a lean operation. The consistent growth in assets, coupled with no liabilities, points to effective stewardship of funds.

In terms of transparency, the organization has a robust filing history with 13 filings, indicating regular compliance with IRS reporting requirements. The consistent reporting of $0 liabilities and 0% officer compensation across multiple years enhances trust and transparency, as it clearly communicates how funds are managed and that executive compensation is not a drain on resources. This level of consistent, clean reporting is a positive sign for potential donors and stakeholders.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mtfc Goodlettsville Soccer Inc with a Mission Score of 90 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: 85%
fundraising: 5%

According to IRS 990 filings, Mtfc Goodlettsville Soccer Inc 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

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization of this size ($287,103 latest revenue) and suggests a volunteer-led leadership structure.

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.

Strengths

The following positive indicators were identified for Mtfc Goodlettsville Soccer Inc:

Consistent positive net income, with revenue exceeding expenses in most recent years (e.g., $273,388 revenue vs. $220,473 expenses in 202405).
Zero reported liabilities across all available filing periods, indicating strong financial health and no debt.
Steady growth in assets, increasing from $61,755 in 202005 to $169,411 in 202405.
0% officer compensation reported consistently, suggesting efficient use of funds directly for programs and operations.
Robust filing history with 13 filings, demonstrating consistent compliance and transparency.

Frequently Asked Questions about Mtfc Goodlettsville Soccer Inc

How does Mtfc Goodlettsville Soccer Inc manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership is entirely volunteer-based, or that compensation is covered by other means not reported as officer compensation on the 990, which is a significant factor in its financial efficiency.

What is the primary driver of the organization's revenue growth?

While specific revenue sources are not detailed in the provided data, the consistent increase in revenue from $142,352 in 202005 to $273,388 in 202405 suggests growing participation, successful fundraising efforts, or increased program fees.

How does the organization maintain zero liabilities?

Maintaining zero liabilities across multiple years indicates strong financial planning and management, likely operating on a cash basis and avoiding debt, which contributes significantly to its financial stability.

Filing History

IRS 990 filing history for Mtfc Goodlettsville Soccer Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Mtfc Goodlettsville Soccer Inc's revenue has grown by 120.8%, moving from $124K to $273K. Total assets increased by 93.4% over the same period, from $88K to $169K. Total functional expenses rose by 122.2%, from $99K to $220K. In its most recent filing year (2024), Mtfc Goodlettsville Soccer Inc reported a surplus of $53K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$273K	$220K	$169K	$0	—	—
2023	$200K	$167K	$116K	$0	—	View 990
2022	$285K	$270K	$83K	$0	—	View 990
2021	$155K	$148K	$68K	$0	—	—
2020	$142K	$142K	$62K	$0	—	—
2019	$147K	$143K	$62K	$0	—	—
2018	$130K	$127K	$58K	$0	—	—
2017	$143K	$157K	$55K	$0	—	—
2016	$102K	$119K	$69K	$0	—	View 990
2015	$137K	$176K	$86K	$0	—	View 990
2014	$130K	$109K	$125K	$0	—	View 990
2013	$117K	$100K	$104K	$0	—	View 990
2012	$124K	$99K	$88K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $273K, expenses of $220K, and assets of $169K (revenue +36.5% year-over-year).
2023: Revenue of $200K, expenses of $167K, and assets of $116K (revenue -29.6% year-over-year).
2022: Revenue of $285K, expenses of $270K, and assets of $83K (revenue +84.0% year-over-year).
2021: Revenue of $155K, expenses of $148K, and assets of $68K (revenue +8.7% year-over-year).
2020: Revenue of $142K, expenses of $142K, and assets of $62K (revenue -3.0% year-over-year).
2019: Revenue of $147K, expenses of $143K, and assets of $62K (revenue +13.1% year-over-year).
2018: Revenue of $130K, expenses of $127K, and assets of $58K (revenue -9.0% year-over-year).
2017: Revenue of $143K, expenses of $157K, and assets of $55K (revenue +39.5% year-over-year).
2016: Revenue of $102K, expenses of $119K, and assets of $69K (revenue -25.1% year-over-year).
2015: Revenue of $137K, expenses of $176K, and assets of $86K (revenue +5.3% year-over-year).
2014: Revenue of $130K, expenses of $109K, and assets of $125K (revenue +11.2% year-over-year).
2013: Revenue of $117K, expenses of $100K, and assets of $104K (revenue -5.8% year-over-year).
2012: Revenue of $124K, expenses of $99K, and assets of $88K.

Data Sources and Methodology

This transparency report for Mtfc Goodlettsville Soccer 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.