Puget Sound Premier League
EIN: 264307729 · Seattle, WA · NTEE: N64
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $1.9M |
| Net Assets | $406K |
Is Puget Sound Premier League Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Puget Sound Premier League
Puget Sound Premier League (EIN: 264307729) is a nonprofit organization based in Seattle, WA, classified under NTEE code N64. The organization reported total revenue of $3.2M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Puget Sound Premier League's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Puget Sound Premier League is a mid-size nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$311K |
| Total Assets | $1.0M |
| Total Liabilities | $616K |
| Net Assets | $406K |
| Operating Margin | 13.9% |
| Debt-to-Asset Ratio | 60.3% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2023, Puget Sound Premier League reported a surplus of $311K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 60.3% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), Puget Sound Premier League's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.7% | +29.1% | +30.1% |
| 2022 | +522.1% | +164.7% | +28.7% |
| 2021 | -85.5% | -68.3% | -8.6% |
| 2020 | +0.7% | +6.8% | +5.2% |
| 2019 | +9.7% | -4.1% | +7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Puget Sound Premier League has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Puget Sound Premier League with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $311K, with revenue exceeding expenses.
- Debt-to-asset ratio: 60.3%.
Frequently Asked Questions about Puget Sound Premier League
Is Puget Sound Premier League a legitimate charity?
Puget Sound Premier League (EIN: 264307729) is a registered tax-exempt nonprofit based in Washington. It has 7 years of IRS 990 filings on record. Total revenue: $3.2M. No red flags identified. Financial health grade: A.
How does Puget Sound Premier League spend its money?
Puget Sound Premier League reported $3.2M in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Puget Sound Premier League tax-deductible?
Puget Sound Premier League is registered as a tax-exempt nonprofit (EIN: 264307729). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Puget Sound Premier League located?
Puget Sound Premier League is headquartered in Seattle, Washington and files with the IRS under EIN 264307729. It is classified under NTEE code N64.
How many years of IRS 990 filings does Puget Sound Premier League have?
Puget Sound Premier League 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. The most recent filing shows $3.2M in total revenue.
Filing History
IRS 990 filing history for Puget Sound Premier League showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Puget Sound Premier League's revenue has grown by 22.8%, moving from $1.8M to $2.2M. Total assets increased by 43.7% over the same period, from $712K to $1.0M. Total functional expenses rose by 18.6%, from $1.6M to $1.9M. In its most recent filing year (2023), Puget Sound Premier League reported a surplus of $311K, with revenue exceeding expenses. The organization holds $616K in liabilities against $1.0M in assets (debt-to-asset ratio: 60.3%), resulting in net assets of $406K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $1.9M | $1.0M | $616K | — | View 990 |
| 2022 | $1.5M | $1.5M | $786K | $691K | — | View 990 |
| 2021 | $243K | $562K | $611K | $540K | — | View 990 |
| 2020 | $1.7M | $1.8M | $668K | $279K | — | View 990 |
| 2019 | $1.7M | $1.7M | $635K | $145K | — | View 990 |
| 2018 | $1.5M | $1.7M | $593K | $102K | — | View 990 |
| 2017 | $1.8M | $1.6M | $712K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $1.9M, and assets of $1.0M (revenue +47.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $786K (revenue +522.1% year-over-year).
- 2021: Revenue of $243K, expenses of $562K, and assets of $611K (revenue -85.5% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.8M, and assets of $668K (revenue +0.7% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.7M, and assets of $635K (revenue +9.7% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.7M, and assets of $593K (revenue -16.8% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.6M, and assets of $712K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Puget Sound Premier League:
Data Sources and Methodology
This transparency report for Puget Sound Premier League 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.