Sanford Springvale Soccer Association Inc
Sanford Springvale Soccer Association operates on a break-even budget with no officer compensation.
EIN: 10483319 · Sanford, ME · NTEE: N64 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $234K |
| Program Spending | 90% |
| Net Assets | $0 |
| Transparency Score | 85/100 |
Is Sanford Springvale Soccer Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sanford Springvale Soccer Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sanford Springvale Soccer Association Inc
Sanford Springvale Soccer Association Inc (EIN: 10483319) is a nonprofit organization based in Sanford, ME, classified under NTEE code N64. The organization reported total revenue of $191K and total assets of $21K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sanford Springvale Soccer Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sanford Springvale Soccer Association Inc is a small nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $234K |
| Total Expenses | $234K |
| Surplus / Deficit | +$0 |
| Total Assets | $24K |
| Total Liabilities | $24K |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 1.2 months |
Financial Health Grade: C
In 2023, Sanford Springvale Soccer Association Inc reported a surplus of $0 with revenue exceeding expenses, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
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 Sanford Springvale Soccer Association 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: 90%
- fundraising: 0%
According to IRS 990 filings, Sanford Springvale Soccer Association Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Executive compensation is 0% of expenses, indicating that leadership roles are likely filled by volunteers, which is highly efficient for an organization of this size and mission.
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 Sanford Springvale Soccer Association Inc's IRS 990 filings:
- Limited financial reserves (Assets equal Liabilities for 2023, suggesting no net assets)
Strengths
The following positive indicators were identified for Sanford Springvale Soccer Association Inc:
- 100% volunteer leadership (0% officer compensation)
- All revenue directly applied to mission (break-even operations)
- Strong program focus (estimated 90% program spending)
Frequently Asked Questions about Sanford Springvale Soccer Association Inc
Is Sanford Springvale Soccer Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sanford Springvale Soccer Association Inc (EIN: 10483319) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Sanford Springvale Soccer Association Inc spend its money?
Sanford Springvale Soccer Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sanford Springvale Soccer Association Inc tax-deductible?
Sanford Springvale Soccer Association Inc is registered as a tax-exempt nonprofit (EIN: 10483319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Sanford Springvale Soccer Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sanford Springvale Soccer Association Inc is above average for NTEE category N64 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sanford Springvale Soccer Association Inc located?
Sanford Springvale Soccer Association Inc is headquartered in Sanford, Maine and files with the IRS under EIN 10483319. It is classified under NTEE code N64.
Is Sanford Springvale Soccer Association Inc a good charity?
Based on the available data, the organization appears to be a good charity, especially given its 0% officer compensation and break-even financial operations, suggesting all funds are directly applied to its mission.
How does the organization manage its finances given its break-even status?
The organization manages its finances by spending all revenue received within the fiscal period, as evidenced by $234,115 in revenue and $234,115 in expenses for 2023. This indicates a direct application of funds to current activities.
Filing History
IRS 990 filing history for Sanford Springvale Soccer Association Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Sanford Springvale Soccer Association Inc reported a surplus of $0, with revenue exceeding expenses. The organization holds $24K in liabilities against $24K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $234K | $234K | $24K | $24K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sanford Springvale Soccer Association Inc:
Data Sources and Methodology
This transparency report for Sanford Springvale Soccer 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.