Prosper Sports Association Inc
Prosper Sports Association Inc shows consistent revenue growth and strong financial health with no reported officer compensation or liabilities.
EIN: 208141451 · Prosper, TX · NTEE: O50 · Updated: 2026-03-28
Is Prosper Sports Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Prosper Sports Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Prosper Sports Association Inc
Prosper Sports Association Inc (EIN: 208141451) is a nonprofit organization based in Prosper, TX, classified under NTEE code O50. The organization reported total revenue of $863K and total assets of $353K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prosper Sports Association Inc'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 Prosper Sports 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Prosper Sports Association Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer categories, which is highly efficient for an organization of its size with revenues approaching $1 million.
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 Prosper Sports Association Inc:
- Consistent revenue growth, increasing from $298,953 in 2014 to $872,790 in 2023.
- Zero reported liabilities across all 13 filings, indicating excellent fiscal management.
- 0% officer compensation reported, suggesting high efficiency and dedication of funds to programs.
- Consistent positive net income, demonstrating financial sustainability.
- Strong asset growth, reaching $324,428 in 2023, enhancing long-term stability.
Frequently Asked Questions about Prosper Sports Association Inc
Is Prosper Sports Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Prosper Sports Association Inc (EIN: 208141451) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Prosper Sports Association Inc spend its money?
Prosper Sports Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Prosper Sports Association Inc tax-deductible?
Prosper Sports Association Inc is registered as a tax-exempt nonprofit (EIN: 208141451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Prosper Sports Association Inc a good charity?
Based on its financial data, Prosper Sports Association Inc appears to be a very good charity. It demonstrates consistent financial growth, operates without liabilities, and reports 0% officer compensation, suggesting a high dedication of resources to its mission.
How has the organization's revenue grown over time?
The organization has shown significant revenue growth, increasing from $298,953 in 2014 to $872,790 in 2023, representing an almost threefold increase over a decade.
Does Prosper Sports Association Inc have any debt?
No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating it operates debt-free.
What is the trend in the organization's assets?
The organization's assets have shown a positive trend, growing from $109,203 in 2014 to $324,428 in 2023, indicating increasing financial stability and capacity.
Filing History
IRS 990 filing history for Prosper Sports Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Prosper Sports Association Inc's revenue has grown by 262%, moving from $241K to $873K. Total assets increased by 700.2% over the same period, from $41K to $324K. Total functional expenses rose by 235%, from $235K to $786K. In its most recent filing year (2023), Prosper Sports Association Inc reported a surplus of $87K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $873K | $786K | $324K | $0 | — | — |
| 2022 | $731K | $774K | $238K | $0 | — | — |
| 2021 | $682K | $702K | $280K | $0 | — | View 990 |
| 2020 | $587K | $562K | $300K | $0 | — | View 990 |
| 2019 | $533K | $494K | $275K | $0 | — | — |
| 2018 | $390K | $390K | $161K | $0 | — | View 990 |
| 2017 | $365K | $357K | $161K | $0 | — | View 990 |
| 2016 | $326K | $307K | $154K | $0 | — | View 990 |
| 2015 | $327K | $301K | $135K | $0 | — | View 990 |
| 2014 | $299K | $253K | $109K | $0 | — | View 990 |
| 2013 | $332K | $306K | $63K | $0 | — | View 990 |
| 2012 | $338K | $0 | $50K | $50K | — | View 990 |
| 2011 | $241K | $235K | $41K | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $873K, expenses of $786K, and assets of $324K (revenue +19.3% year-over-year).
- 2022: Revenue of $731K, expenses of $774K, and assets of $238K (revenue +7.2% year-over-year).
- 2021: Revenue of $682K, expenses of $702K, and assets of $280K (revenue +16.2% year-over-year).
- 2020: Revenue of $587K, expenses of $562K, and assets of $300K (revenue +10.1% year-over-year).
- 2019: Revenue of $533K, expenses of $494K, and assets of $275K (revenue +36.5% year-over-year).
- 2018: Revenue of $390K, expenses of $390K, and assets of $161K (revenue +7.0% year-over-year).
- 2017: Revenue of $365K, expenses of $357K, and assets of $161K (revenue +12.0% year-over-year).
- 2016: Revenue of $326K, expenses of $307K, and assets of $154K (revenue -0.4% year-over-year).
- 2015: Revenue of $327K, expenses of $301K, and assets of $135K (revenue +9.4% year-over-year).
- 2014: Revenue of $299K, expenses of $253K, and assets of $109K (revenue -10.0% year-over-year).
- 2013: Revenue of $332K, expenses of $306K, and assets of $63K (revenue -1.6% year-over-year).
- 2012: Revenue of $338K, expenses of $0, and assets of $50K (revenue +40.0% year-over-year).
- 2011: Revenue of $241K, expenses of $235K, and assets of $41K.
Data Sources and Methodology
This transparency report for Prosper Sports 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.