Phantoms Sports Academy
Phantoms Sports Academy's revenue and assets have declined to zero, indicating potential inactivity after years of deficit spending.
EIN: 141920899 · E Hampstead, NH · NTEE: N64 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $33K |
| Program Spending | 70% |
| Net Assets | $853 |
| Transparency Score | 30/100 |
Is Phantoms Sports Academy Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Phantoms Sports Academy directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Phantoms Sports Academy
Phantoms Sports Academy (EIN: 141920899) is a nonprofit organization based in E Hampstead, NH, classified under NTEE code N64. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phantoms Sports Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phantoms Sports Academy is a micro nonprofit that has been operating for 21 years, with 7 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of -23.0%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $33K |
| Surplus / Deficit | $-10,179 |
| Total Assets | $853 |
| Net Assets | $853 |
| Operating Margin | -45.1% |
| Months of Reserves | 0.3 months |
Financial Health Grade: C
In 2018, Phantoms Sports Academy reported a deficit of $10K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2012–2018), Phantoms Sports Academy's revenue has declined at a compound annual growth rate (CAGR) of -23.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -72.0% | -70.3% | -92.3% |
| 2017 | -12.1% | +35.0% | -72.9% |
| 2016 | -15.9% | -2.2% | +32.4% |
| 2015 | +134.2% | +72.2% | +477.0% |
| 2014 | -20.9% | -24.9% | -27.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Phantoms Sports Academy with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Phantoms Sports Academy allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reported 0% officer compensation across all available filings, suggesting a volunteer-led structure or that executive roles are unpaid, which is common for smaller nonprofits and can be a positive for resource allocation.
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 Phantoms Sports Academy's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or dissolution.
- Consistent deficit spending in most years (e.g., 2018, 2017, 2014, 2013, 2012).
- Significant and steady decline in revenue from a peak of $108,931 in 2015 to $0.
- Depletion of assets from $40,760 in 2016 to $0 in the latest filing.
Strengths
The following positive indicators were identified for Phantoms Sports Academy:
- Consistent IRS 990 filing history, indicating compliance.
- No reported officer compensation, suggesting a volunteer-driven model or efficient use of funds for leadership.
- No reported liabilities across all filings, indicating a lack of debt.
Frequently Asked Questions about Phantoms Sports Academy
Is Phantoms Sports Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Phantoms Sports Academy (EIN: 141920899) significant concerns. Mission Score: 30/100. 4 red flags identified, 3 strengths noted.
How does Phantoms Sports Academy spend its money?
Phantoms Sports Academy directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Phantoms Sports Academy tax-deductible?
Phantoms Sports Academy is registered as a tax-exempt nonprofit (EIN: 141920899). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Phantoms Sports Academy's spending goes to programs?
Phantoms Sports Academy directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Phantoms Sports Academy compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Phantoms Sports Academy is below average for NTEE category N64 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Phantoms Sports Academy located?
Phantoms Sports Academy is headquartered in E Hampstead, New Hampshire and files with the IRS under EIN 141920899. It is classified under NTEE code N64.
How many years of IRS 990 filings does Phantoms Sports Academy have?
Phantoms Sports Academy has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Phantoms Sports Academy still operational?
The latest IRS 990 filing showing $0 in revenue and assets strongly suggests the organization is no longer actively operating or is in the process of winding down.
Why did the organization's revenue decline so sharply?
The provided data does not specify the reasons for the sharp decline in revenue from $108,931 in 2015 to $0 in the latest filing, but it indicates a significant loss of funding or activity.
What caused the consistent deficit spending?
In most years, expenses exceeded revenue (e.g., $32,750 expenses vs. $22,571 revenue in 2018), indicating that the organization was spending more than it was bringing in, which is unsustainable without external reserves or funding not reported as revenue.
Filing History
IRS 990 filing history for Phantoms Sports Academy showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2018), Phantoms Sports Academy's revenue has declined by 79.1%, moving from $108K to $23K. Total assets decreased by 93.4% over the same period, from $13K to $853. Total functional expenses fell by 71.4%, from $114K to $33K. In its most recent filing year (2018), Phantoms Sports Academy reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $23K | $33K | $853 | $0 | — | — |
| 2017 | $81K | $110K | $11K | $0 | — | View 990 |
| 2016 | $92K | $82K | $41K | $0 | — | View 990 |
| 2015 | $109K | $83K | $31K | $0 | — | View 990 |
| 2014 | $47K | $48K | $5K | $0 | — | View 990 |
| 2013 | $59K | $65K | $7K | $0 | — | View 990 |
| 2012 | $108K | $114K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $23K, expenses of $33K, and assets of $853 (revenue -72.0% year-over-year).
- 2017: Revenue of $81K, expenses of $110K, and assets of $11K (revenue -12.1% year-over-year).
- 2016: Revenue of $92K, expenses of $82K, and assets of $41K (revenue -15.9% year-over-year).
- 2015: Revenue of $109K, expenses of $83K, and assets of $31K (revenue +134.2% year-over-year).
- 2014: Revenue of $47K, expenses of $48K, and assets of $5K (revenue -20.9% year-over-year).
- 2013: Revenue of $59K, expenses of $65K, and assets of $7K (revenue -45.6% year-over-year).
- 2012: Revenue of $108K, expenses of $114K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phantoms Sports Academy:
Data Sources and Methodology
This transparency report for Phantoms Sports Academy 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.