Randolph Soccer Club Inc
Randolph Soccer Club: Strong Program Spending, but Declining Revenue Trends
EIN: 223035533 · Mount Freedom, NJ · NTEE: N60Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $262K |
| Total Expenses | $203K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $150,000 |
| Net Assets | $282K |
| Transparency Score | 85/100 |
Is Randolph Soccer Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Randolph Soccer Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Randolph Soccer Club Inc
Randolph Soccer Club Inc (EIN: 223035533) is a nonprofit organization based in Mount Freedom, NJ, classified under NTEE code N60Z. The organization reported total revenue of $262K and total assets of $322K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Randolph Soccer Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Randolph Soccer Club Inc is a small nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $220K |
| Total Expenses | $203K |
| Surplus / Deficit | +$17K |
| Total Assets | $282K |
| Net Assets | $282K |
| Operating Margin | 7.6% |
| Months of Reserves | 16.7 months |
Financial Health Grade: A
In 2023, Randolph Soccer Club Inc reported a surplus of $17K with revenue exceeding expenses, holds 16.7 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2008–2023), Randolph Soccer Club Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.2% | +10.6% | +6.3% |
| 2022 | -21.3% | +0.2% | +104.1% |
| 2021 | +75.6% | -12.8% | +176.7% |
| 2020 | -21.1% | -0.5% | -56.9% |
| 2019 | -15.0% | -20.7% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Randolph Soccer Club Inc with a Mission Score of 85 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Randolph Soccer Club Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 surplus of $17K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the Form 990 reporting threshold of $150,000 for any individual, or that the organization is volunteer-run.
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 Randolph Soccer Club Inc's IRS 990 filings:
- Revenue has shown a general decline from $270,285 in 2016 to $220,057 in 2023, indicating potential sustainability challenges.
- Expenses have exceeded revenue in several years (e.g., 2018, 2016), leading to net losses in those periods.
Strengths
The following positive indicators were identified for Randolph Soccer Club Inc:
- Consistently high percentage of spending on programs (implied by low administrative and fundraising costs).
- Healthy asset growth from $47,040 in 2020 to $282,444 in 2023, demonstrating financial stability and growth.
- Maintains a positive net asset position, indicating financial health.
Frequently Asked Questions about Randolph Soccer Club Inc
Is Randolph Soccer Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Randolph Soccer Club Inc (EIN: 223035533) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Randolph Soccer Club Inc spend its money?
Randolph Soccer Club Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Randolph Soccer Club Inc tax-deductible?
Randolph Soccer Club Inc is registered as a tax-exempt nonprofit (EIN: 223035533). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Randolph Soccer Club Inc CEO make?
Randolph Soccer Club Inc's highest-compensated officer earns $150,000 annually. The organization reported $262K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Randolph Soccer Club Inc's spending goes to programs?
Randolph Soccer Club Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Randolph Soccer Club Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Randolph Soccer Club Inc is above average for NTEE category N60Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Randolph Soccer Club Inc located?
Randolph Soccer Club Inc is headquartered in Mount Freedom, New Jersey and files with the IRS under EIN 223035533. It is classified under NTEE code N60Z.
How many years of IRS 990 filings does Randolph Soccer Club Inc have?
Randolph Soccer Club Inc has 14 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 $262K in total revenue.
What does Randolph Soccer Club Inc do?
Randolph Soccer Club Inc is a nonprofit organization in the Recreation & Sports sector, located in Mount Freedom, New Jersey. It is classified under NTEE code N60Z.
How much revenue does Randolph Soccer Club Inc have?
Randolph Soccer Club Inc reported total revenue of $261,755. Based on 14 IRS 990 filings on record.
What are Randolph Soccer Club Inc's total assets?
Randolph Soccer Club Inc holds total assets of $322,051 as reported in IRS 990 filings.
Where is Randolph Soccer Club Inc located?
Randolph Soccer Club Inc is based in Mount Freedom, New Jersey.
What is Randolph Soccer Club Inc's EIN?
Randolph Soccer Club Inc's Employer Identification Number (EIN) is 223035533. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Randolph Soccer Club Inc?
Randolph Soccer Club Inc is classified under NTEE code N60Z (Recreation & Sports).
Is Randolph Soccer Club Inc a registered 501(c)(3)?
Yes, Randolph Soccer Club Inc is recognized as a tax-exempt organization by the IRS. EIN: 223035533.
Does Randolph Soccer Club Inc file IRS Form 990?
Yes, Randolph Soccer Club Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Randolph Soccer Club Inc's revenue in 2023?
In the 202312 filing period, Randolph Soccer Club Inc reported total revenue of $220,057, total expenses of $203,374, and net assets of $282,444.
Is Randolph Soccer Club Inc's revenue growing or declining?
Randolph Soccer Club Inc's revenue is growing. Revenue went from $205,328 (202212) to $220,057 (202312), a +7.2% change. Based on 14 filings on record.
What is Randolph Soccer Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Randolph Soccer Club Inc covers tax period 202312. It shows revenue of $220,057, expenses of $203,374, total assets of $282,444, and liabilities of N/A.
How much does Randolph Soccer Club Inc spend on programs vs administration?
Based on IRS 990 analysis, Randolph Soccer Club Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Randolph Soccer Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Randolph Soccer Club Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Randolph Soccer Club Inc?
The following concerns were identified: Revenue has shown a general decline from $270,285 in 2016 to $220,057 in 2023, indicating potential sustainability challenges.. Expenses have exceeded revenue in several years (e.g., 2018, 2016), leading to net losses in those periods.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Randolph Soccer Club Inc's strengths?
Positive indicators for Randolph Soccer Club Inc include: Consistently high percentage of spending on programs (implied by low administrative and fundraising costs).. Healthy asset growth from $47,040 in 2020 to $282,444 in 2023, demonstrating financial stability and growth.. Maintains a positive net asset position, indicating financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Randolph Soccer Club Inc compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the Form 990 reporting threshold of $150,000 for any individual, or that the organization is volunteer-run. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the significant increase in assets from $47,040 in 2020 to $282,444 in 2023, despite fluctuating revenues?
The substantial asset growth likely stems from a combination of factors such as efficient expense management, successful capital campaigns not fully reflected in annual revenue, or significant non-cash contributions. Further investigation into specific grants or large donations would be beneficial.
Given the declining revenue trend, what strategies are in place to diversify funding sources and ensure long-term financial viability?
While the organization has managed to grow assets, the consistent decline in revenue from $270,285 in 2016 to $220,057 in 2023 suggests a need for strategic initiatives to broaden fundraising efforts beyond existing sources, such as exploring new donor segments or grant opportunities.
Filing History
IRS 990 filing history for Randolph Soccer Club Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2008–2023), Randolph Soccer Club Inc's revenue has declined by 24.9%, moving from $293K to $220K. Total assets increased by 27% over the same period, from $222K to $282K. Total functional expenses fell by 11.2%, from $229K to $203K. In its most recent filing year (2023), Randolph Soccer Club Inc reported a surplus of $17K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $220K | $203K | $282K | $0 | — | — |
| 2022 | $205K | $184K | $266K | $0 | — | View 990 |
| 2021 | $261K | $184K | $130K | $0 | — | View 990 |
| 2020 | $149K | $211K | $47K | $0 | — | View 990 |
| 2019 | $188K | $212K | $109K | $0 | — | View 990 |
| 2018 | $222K | $267K | $108K | $0 | — | View 990 |
| 2017 | $264K | $243K | $153K | $0 | — | View 990 |
| 2016 | $270K | $301K | $131K | $0 | — | View 990 |
| 2015 | $329K | $320K | $162K | $0 | — | View 990 |
| 2014 | $319K | $277K | $153K | $0 | — | View 990 |
| 2013 | $280K | $267K | $111K | $0 | — | View 990 |
| 2012 | $329K | $247K | $324K | $0 | — | View 990 |
| 2011 | $267K | $252K | $271K | $0 | — | View 990 |
| 2008 | $293K | $229K | $222K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $220K, expenses of $203K, and assets of $282K (revenue +7.2% year-over-year).
- 2022: Revenue of $205K, expenses of $184K, and assets of $266K (revenue -21.3% year-over-year).
- 2021: Revenue of $261K, expenses of $184K, and assets of $130K (revenue +75.6% year-over-year).
- 2020: Revenue of $149K, expenses of $211K, and assets of $47K (revenue -21.1% year-over-year).
- 2019: Revenue of $188K, expenses of $212K, and assets of $109K (revenue -15.0% year-over-year).
- 2018: Revenue of $222K, expenses of $267K, and assets of $108K (revenue -16.2% year-over-year).
- 2017: Revenue of $264K, expenses of $243K, and assets of $153K (revenue -2.2% year-over-year).
- 2016: Revenue of $270K, expenses of $301K, and assets of $131K (revenue -18.0% year-over-year).
- 2015: Revenue of $329K, expenses of $320K, and assets of $162K (revenue +3.3% year-over-year).
- 2014: Revenue of $319K, expenses of $277K, and assets of $153K (revenue +13.8% year-over-year).
- 2013: Revenue of $280K, expenses of $267K, and assets of $111K (revenue -14.7% year-over-year).
- 2012: Revenue of $329K, expenses of $247K, and assets of $324K (revenue +23.3% year-over-year).
- 2011: Revenue of $267K, expenses of $252K, and assets of $271K (revenue -9.0% year-over-year).
- 2008: Revenue of $293K, expenses of $229K, and assets of $222K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Randolph Soccer Club Inc:
Data Sources and Methodology
This transparency report for Randolph Soccer Club 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.