Park Sharon Athletic Association Inc
Park Sharon Athletic Association Inc maintains stable finances with volunteer leadership and no executive compensation.
EIN: 200251949 · Charlotte, NC · NTEE: N63 · Updated: 2026-03-28
Is Park Sharon Athletic Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Park Sharon Athletic Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Park Sharon Athletic Association Inc
Park Sharon Athletic Association Inc (EIN: 200251949) is a nonprofit organization based in Charlotte, NC, classified under NTEE code N63. The organization reported total revenue of $314K and total assets of $188K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Park Sharon Athletic Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Park Sharon Athletic Association Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $252K |
| Total Expenses | $264K |
| Surplus / Deficit | $-12,537 |
| Total Assets | $156K |
| Net Assets | $156K |
| Operating Margin | -5.0% |
| Months of Reserves | 7.1 months |
Financial Health Grade: B
In 2023, Park Sharon Athletic Association Inc reported a deficit of $13K with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Park Sharon Athletic Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.7% | +56.5% | -7.4% |
| 2022 | +21.5% | +35.1% | -2.0% |
| 2021 | +37.1% | -32.6% | +27.4% |
| 2020 | -50.9% | -14.5% | -33.2% |
| 2019 | +10.6% | +15.2% | +13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Park Sharon Athletic Association Inc with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Park Sharon Athletic Association Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating a volunteer-led organization, which significantly reduces overhead and directs more funds to its mission.
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 Park Sharon Athletic Association Inc:
- Zero executive compensation, maximizing program spending
- Consistent IRS 990 filing history (13 filings) demonstrating transparency
- Zero liabilities reported in recent years (2017-2023), indicating strong financial health
- Positive revenue growth trend from 2020 to 2023
- Healthy asset base relative to revenue
Frequently Asked Questions about Park Sharon Athletic Association Inc
Is Park Sharon Athletic Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Park Sharon Athletic Association Inc (EIN: 200251949) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Park Sharon Athletic Association Inc spend its money?
Park Sharon Athletic Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Park Sharon Athletic Association Inc tax-deductible?
Park Sharon Athletic Association Inc is registered as a tax-exempt nonprofit (EIN: 200251949). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Park Sharon Athletic Association Inc a good charity?
Based on its financial data, Park Sharon Athletic Association Inc appears to be a good charity. It operates with no executive compensation, consistently files its IRS 990s, and has maintained a healthy financial position with zero liabilities in recent years, suggesting efficient use of funds for its mission.
How does the lack of officer compensation impact the organization?
The lack of officer compensation means that a significantly higher proportion of the organization's revenue can be allocated directly to its programs and operational costs, rather than executive salaries, enhancing its spending efficiency and mission impact.
What is the trend in the organization's revenue?
The organization has shown a positive revenue trend, growing from $118,374 in 2020 to $251,863 in 2023, indicating increasing support and operational scale.
Does the organization have any debt?
No, the organization has reported $0 in liabilities for its most recent filings (2017-2023), indicating it operates without debt.
Filing History
IRS 990 filing history for Park Sharon Athletic Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Park Sharon Athletic Association Inc's revenue has declined by 8.9%, moving from $276K to $252K. Total assets increased by 4.2% over the same period, from $150K to $156K. Total functional expenses fell by 0.6%, from $266K to $264K. In its most recent filing year (2023), Park Sharon Athletic Association Inc reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $252K | $264K | $156K | $0 | — | View 990 |
| 2022 | $197K | $169K | $169K | $0 | — | — |
| 2021 | $162K | $125K | $172K | $0 | — | View 990 |
| 2020 | $118K | $186K | $135K | $0 | — | View 990 |
| 2019 | $241K | $217K | $203K | $0 | — | View 990 |
| 2018 | $218K | $188K | $179K | $0 | — | View 990 |
| 2017 | $193K | $157K | $149K | $0 | — | View 990 |
| 2016 | $156K | $155K | $150K | $36K | — | View 990 |
| 2015 | $149K | $140K | $153K | $36K | — | View 990 |
| 2014 | $220K | $210K | $142K | $33K | — | View 990 |
| 2013 | $238K | $247K | $136K | $38K | — | View 990 |
| 2012 | $257K | $269K | $144K | $38K | — | View 990 |
| 2011 | $276K | $266K | $150K | $33K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $252K, expenses of $264K, and assets of $156K (revenue +27.7% year-over-year).
- 2022: Revenue of $197K, expenses of $169K, and assets of $169K (revenue +21.5% year-over-year).
- 2021: Revenue of $162K, expenses of $125K, and assets of $172K (revenue +37.1% year-over-year).
- 2020: Revenue of $118K, expenses of $186K, and assets of $135K (revenue -50.9% year-over-year).
- 2019: Revenue of $241K, expenses of $217K, and assets of $203K (revenue +10.6% year-over-year).
- 2018: Revenue of $218K, expenses of $188K, and assets of $179K (revenue +13.2% year-over-year).
- 2017: Revenue of $193K, expenses of $157K, and assets of $149K (revenue +23.2% year-over-year).
- 2016: Revenue of $156K, expenses of $155K, and assets of $150K (revenue +5.1% year-over-year).
- 2015: Revenue of $149K, expenses of $140K, and assets of $153K (revenue -32.3% year-over-year).
- 2014: Revenue of $220K, expenses of $210K, and assets of $142K (revenue -7.9% year-over-year).
- 2013: Revenue of $238K, expenses of $247K, and assets of $136K (revenue -7.3% year-over-year).
- 2012: Revenue of $257K, expenses of $269K, and assets of $144K (revenue -6.9% year-over-year).
- 2011: Revenue of $276K, expenses of $266K, and assets of $150K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Park Sharon Athletic Association Inc:
Data Sources and Methodology
This transparency report for Park Sharon Athletic Association 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.