Rock Solid Athletic Club Inc
Rock Solid Athletic Club Inc. experiences sharp revenue decline and historical liabilities exceeding assets.
EIN: 208769208 · Shreveport, LA · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $94K |
| Total Expenses | $576K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $631,173 |
| Net Assets | $-84,492 |
| Transparency Score | 65/100 |
Is Rock Solid Athletic Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rock Solid Athletic Club Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rock Solid Athletic Club Inc
Rock Solid Athletic Club Inc (EIN: 208769208) is a nonprofit organization based in Shreveport, LA, classified under NTEE code O50. The organization reported total revenue of $94K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rock Solid Athletic Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rock Solid Athletic Club Inc is a micro nonprofit that has been operating for 19 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $569K |
| Total Expenses | $576K |
| Surplus / Deficit | $-6,908 |
| Total Assets | $50K |
| Total Liabilities | $134K |
| Net Assets | $-84,492 |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 270.6% |
| Months of Reserves | 1.0 months |
Financial Health Grade: D
In 2018, Rock Solid Athletic Club Inc reported a deficit of $7K with expenses exceeding revenue, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 270.6% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), Rock Solid Athletic Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -9.8% | +13.5% | -47.0% |
| 2017 | +4.5% | -15.2% | +30.6% |
| 2016 | +26.6% | +35.5% | +22.5% |
| 2015 | +8.7% | +9.4% | +6.6% |
| 2014 | +6.3% | -23.4% | -13.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2007 |
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 Rock Solid Athletic Club Inc with a Mission Score of 65 out of 100 (Good). 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, Rock Solid Athletic 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 270.6%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly unusual for an organization of its historical revenue size (e.g., $631,173 in 2017).
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 Rock Solid Athletic Club Inc's IRS 990 filings:
- Significant and rapid decline in revenue from $631,173 (2017) to $93,581 (latest period).
- Historical pattern of liabilities exceeding assets, indicating potential financial instability (e.g., 2018: $134,008 liabilities vs. $49,516 assets).
- Lack of detailed expense breakdown for the latest filing period makes current spending efficiency difficult to assess.
Strengths
The following positive indicators were identified for Rock Solid Athletic Club Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating a commitment to minimizing executive overhead.
- Long filing history (8 filings) suggests a consistent effort to meet IRS compliance requirements.
Frequently Asked Questions about Rock Solid Athletic Club Inc
Is Rock Solid Athletic Club Inc a legitimate charity?
Rock Solid Athletic Club Inc (EIN: 208769208) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 65/100. It has 8 years of IRS 990 filings on record. Total revenue: $94K. 3 red flags identified. 2 strengths noted. Financial health grade: D.
How does Rock Solid Athletic Club Inc spend its money?
Rock Solid Athletic Club Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Rock Solid Athletic Club Inc tax-deductible?
Rock Solid Athletic Club Inc is registered as a tax-exempt nonprofit (EIN: 208769208). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rock Solid Athletic Club Inc CEO make?
Rock Solid Athletic Club Inc's highest-compensated officer earns $631,173 annually. The organization reported $94K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rock Solid Athletic Club Inc's spending goes to programs?
Rock Solid Athletic Club Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rock Solid Athletic Club Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Rock Solid Athletic Club Inc is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rock Solid Athletic Club Inc located?
Rock Solid Athletic Club Inc is headquartered in Shreveport, Louisiana and files with the IRS under EIN 208769208. It is classified under NTEE code O50.
How many years of IRS 990 filings does Rock Solid Athletic Club Inc have?
Rock Solid Athletic Club Inc has 8 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 $94K in total revenue.
Is Rock Solid Athletic Club Inc. a good charity?
While the organization shows a commitment to not paying officer compensation, its significant revenue decline to $93,581 and historical pattern of liabilities exceeding assets raise concerns about its current operational capacity and financial stability. A 'good' charity typically demonstrates consistent financial health and growth or stability.
What caused the drastic drop in revenue from $631,173 in 2017 to $93,581 in the latest period?
The provided data does not specify the exact cause of the revenue decline. It could be due to reduced fundraising, loss of grants, decreased program participation, or a change in the organization's operational scope.
How does the organization manage its liabilities, which have frequently exceeded assets?
The filings show a consistent pattern where liabilities often surpassed assets, for example, $134,008 in liabilities against $49,516 in assets in 2018. This suggests a reliance on short-term financing or deferred payments, which can be a sign of financial strain.
Filing History
IRS 990 filing history for Rock Solid Athletic Club Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Rock Solid Athletic Club Inc's revenue has grown by 13.2%, moving from $503K to $569K. Total assets decreased by 42.9% over the same period, from $87K to $50K. Total functional expenses rose by 26.5%, from $455K to $576K. In its most recent filing year (2018), Rock Solid Athletic Club Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $134K in liabilities against $50K in assets (debt-to-asset ratio: 270.6%), resulting in net assets of $-84,492.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $569K | $576K | $50K | $134K | — | View 990 |
| 2017 | $631K | $507K | $93K | $171K | — | — |
| 2016 | $604K | $599K | $71K | $273K | — | View 990 |
| 2015 | $477K | $442K | $58K | $265K | — | View 990 |
| 2014 | $438K | $404K | $55K | $296K | — | View 990 |
| 2013 | $412K | $527K | $63K | $339K | — | View 990 |
| 2012 | $415K | $468K | $64K | $226K | — | View 990 |
| 2011 | $503K | $455K | $87K | $111K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $569K, expenses of $576K, and assets of $50K (revenue -9.8% year-over-year).
- 2017: Revenue of $631K, expenses of $507K, and assets of $93K (revenue +4.5% year-over-year).
- 2016: Revenue of $604K, expenses of $599K, and assets of $71K (revenue +26.6% year-over-year).
- 2015: Revenue of $477K, expenses of $442K, and assets of $58K (revenue +8.7% year-over-year).
- 2014: Revenue of $438K, expenses of $404K, and assets of $55K (revenue +6.3% year-over-year).
- 2013: Revenue of $412K, expenses of $527K, and assets of $63K (revenue -0.7% year-over-year).
- 2012: Revenue of $415K, expenses of $468K, and assets of $64K (revenue -17.5% year-over-year).
- 2011: Revenue of $503K, expenses of $455K, and assets of $87K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rock Solid Athletic Club Inc:
Data Sources and Methodology
This transparency report for Rock Solid Athletic 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.