New Providence Soccer Club
New Providence Soccer Club: Strong Assets, Inconsistent Spending
EIN: 222198636 · New Providnce, NJ · Updated: 2026-04-04
Is New Providence Soccer Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Providence Soccer Club directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New Providence Soccer Club
New Providence Soccer Club (EIN: 222198636) is a nonprofit organization based in New Providnce, NJ. The organization reported total revenue of $264K and total assets of $436K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Providence Soccer 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 New Providence Soccer 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, New Providence Soccer Club allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is not reported in the available filings, indicating that no officers, directors, or key employees received more than $100,000 in reportable compensation.
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 New Providence Soccer Club's IRS 990 filings:
- Inconsistent expense management: Expenses fluctuated significantly, from $112,947 in 2021 to $208,615 in 2017, without clear explanations in the filings.
- Lack of detailed program reporting: The Form 990s do not provide granular detail on how program service expenses are allocated, making it difficult to assess specific impact areas.
Strengths
The following positive indicators were identified for New Providence Soccer Club:
- Healthy asset growth: Total assets have shown consistent growth, increasing from $140,815 in 2017 to $436,270 in 2022, indicating financial stability.
- No reported liabilities: The organization consistently reports $0 in liabilities, suggesting a strong financial position and no outstanding debt.
- Consistent revenue generation: Despite fluctuations, the club has maintained a steady revenue stream over the years, demonstrating ongoing community support.
Frequently Asked Questions about New Providence Soccer Club
Is New Providence Soccer Club a legitimate charity?
Based on AI analysis of IRS 990 filings, New Providence Soccer Club (EIN: 222198636) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does New Providence Soccer Club spend its money?
New Providence Soccer Club directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Providence Soccer Club tax-deductible?
New Providence Soccer Club is registered as a tax-exempt nonprofit (EIN: 222198636). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does New Providence Soccer Club do?
New Providence Soccer Club is a nonprofit organization in the Unknown sector, located in New Providnce, New Jersey. It is classified under NTEE code Unknown.
How much revenue does New Providence Soccer Club have?
New Providence Soccer Club reported total revenue of $264,440. Based on 11 IRS 990 filings on record.
What are New Providence Soccer Club's total assets?
New Providence Soccer Club holds total assets of $436,270 as reported in IRS 990 filings.
Where is New Providence Soccer Club located?
New Providence Soccer Club is based in New Providnce, New Jersey.
What is New Providence Soccer Club's EIN?
New Providence Soccer Club's Employer Identification Number (EIN) is 222198636. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Providence Soccer Club?
New Providence Soccer Club is classified under NTEE code Unknown (Unknown).
Is New Providence Soccer Club a registered 501(c)(3)?
New Providence Soccer Club appears in IRS records (EIN: 222198636). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Providence Soccer Club file IRS Form 990?
Yes, New Providence Soccer Club has 11 IRS Form 990 filings on record. The most recent covers tax period 202206.
What was New Providence Soccer Club's revenue in 2022?
In the 202206 filing period, New Providence Soccer Club reported total revenue of $224,108, total expenses of $177,005, and net assets of $351,963.
Is New Providence Soccer Club's revenue growing or declining?
New Providence Soccer Club's revenue is declining. Revenue went from $248,094 (202106) to $224,108 (202206), a -9.7% change. Based on 11 filings on record.
What is New Providence Soccer Club's most recent 990 filing?
The most recent IRS Form 990 filing for New Providence Soccer Club covers tax period 202206. It shows revenue of $224,108, expenses of $177,005, total assets of $351,963, and liabilities of N/A.
How much does New Providence Soccer Club spend on programs vs administration?
Based on IRS 990 analysis, New Providence Soccer Club allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is New Providence Soccer Club a trustworthy charity?
Based on AI analysis of IRS 990 data, New Providence Soccer Club appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for New Providence Soccer Club?
The following concerns were identified: Inconsistent expense management: Expenses fluctuated significantly, from $112,947 in 2021 to $208,615 in 2017, without clear explanations in the filings.. Lack of detailed program reporting: The Form 990s do not provide granular detail on how program service expenses are allocated, making it difficult to assess specific impact areas.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Providence Soccer Club's strengths?
Positive indicators for New Providence Soccer Club include: Healthy asset growth: Total assets have shown consistent growth, increasing from $140,815 in 2017 to $436,270 in 2022, indicating financial stability.. No reported liabilities: The organization consistently reports $0 in liabilities, suggesting a strong financial position and no outstanding debt.. Consistent revenue generation: Despite fluctuations, the club has maintained a steady revenue stream over the years, demonstrating ongoing community support.. These findings are derived from AI analysis of the organization's financial filings.
How does New Providence Soccer Club compensate executives?
Executive compensation is not reported in the available filings, indicating that no officers, directors, or key employees received more than $100,000 in reportable compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is New Providence Soccer Club?
- Financial statements are publicly available through IRS Form 990 filings. - Detailed program expenses are not explicitly broken down beyond general categories. - No specific transparency report or annual impact report is readily available. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the significant increase in assets from $140,815 in 2017 to $436,270 in 2022, what specific strategies or investments contributed to this growth, and how are these assets being utilized to further the club's mission?
The filings do not explicitly detail the specific strategies or investments leading to the asset growth. It's likely a combination of retained earnings from revenue exceeding expenses and potentially capital improvements or equipment purchases, but without further breakdown, the exact utilization for mission advancement is unclear.
Filing History
IRS 990 filing history for New Providence Soccer Club showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), New Providence Soccer Club's revenue has grown by 12.4%, moving from $199K to $224K. Total assets increased by 100.7% over the same period, from $175K to $352K. Total functional expenses fell by 0.2%, from $177K to $177K. In its most recent filing year (2022), New Providence Soccer Club reported a surplus of $47K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $224K | $177K | $352K | $0 | — | View 990 |
| 2021 | $248K | $113K | $305K | $0 | — | View 990 |
| 2019 | $163K | $133K | $188K | $62K | — | View 990 |
| 2018 | $172K | $172K | $141K | $60K | — | View 990 |
| 2017 | $188K | $209K | $141K | $60K | — | View 990 |
| 2016 | $226K | $181K | $166K | $65K | — | View 990 |
| 2015 | $226K | $269K | $158K | $70K | — | View 990 |
| 2014 | $195K | $193K | $188K | $78K | — | View 990 |
| 2013 | $113K | $175K | $124K | $16K | — | View 990 |
| 2012 | $167K | $158K | $186K | $16K | — | View 990 |
| 2011 | $199K | $177K | $175K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $224K, expenses of $177K, and assets of $352K (revenue -9.7% year-over-year).
- 2021: Revenue of $248K, expenses of $113K, and assets of $305K (revenue +51.8% year-over-year).
- 2019: Revenue of $163K, expenses of $133K, and assets of $188K (revenue -5.1% year-over-year).
- 2018: Revenue of $172K, expenses of $172K, and assets of $141K (revenue -8.3% year-over-year).
- 2017: Revenue of $188K, expenses of $209K, and assets of $141K (revenue -16.8% year-over-year).
- 2016: Revenue of $226K, expenses of $181K, and assets of $166K (revenue +-0.0% year-over-year).
- 2015: Revenue of $226K, expenses of $269K, and assets of $158K (revenue +16.0% year-over-year).
- 2014: Revenue of $195K, expenses of $193K, and assets of $188K (revenue +71.5% year-over-year).
- 2013: Revenue of $113K, expenses of $175K, and assets of $124K (revenue -32.2% year-over-year).
- 2012: Revenue of $167K, expenses of $158K, and assets of $186K (revenue -16.1% year-over-year).
- 2011: Revenue of $199K, expenses of $177K, and assets of $175K.
Data Sources and Methodology
This transparency report for New Providence Soccer 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.