Sharon Soccer Association Inc
EIN: 223269256 · Sharon, MA · NTEE: N64
| Metric | Value |
|---|---|
| Total Revenue | $221K |
| Total Expenses | $203K |
| Net Assets | $217K |
Is Sharon Soccer Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sharon Soccer Association Inc
Sharon Soccer Association Inc (EIN: 223269256) is a nonprofit organization based in Sharon, MA, classified under NTEE code N64. The organization reported total revenue of $221K and total assets of $316K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sharon Soccer Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sharon Soccer Association Inc is a small nonprofit that has been operating for 33 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $197K |
| Total Expenses | $203K |
| Surplus / Deficit | $-5,573 |
| Total Assets | $307K |
| Total Liabilities | $90K |
| Net Assets | $217K |
| Operating Margin | -2.8% |
| Debt-to-Asset Ratio | 29.4% |
| Months of Reserves | 18.2 months |
Financial Health Grade: B
In 2022, Sharon Soccer Association Inc reported a deficit of $6K with expenses exceeding revenue, holds 18.2 months of operating reserves (strong position), has a debt-to-asset ratio of 29.4% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Sharon Soccer Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +94.8% | +80.6% | +2.0% |
| 2021 | +100.5% | +10.6% | +23.7% |
| 2020 | -72.4% | -23.0% | -18.7% |
| 2019 | +21.2% | -3.6% | +8.4% |
| 2018 | +5.1% | -7.7% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sharon Soccer Association Inc 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 Sharon Soccer Association Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.4%.
Frequently Asked Questions about Sharon Soccer Association Inc
Is Sharon Soccer Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sharon Soccer Association Inc (EIN: 223269256) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sharon Soccer Association Inc spend its money?
Detailed spending breakdown data is not yet available for Sharon Soccer Association Inc. Check back for updated IRS 990 analysis.
Are donations to Sharon Soccer Association Inc tax-deductible?
Sharon Soccer Association Inc is registered as a tax-exempt nonprofit (EIN: 223269256). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sharon Soccer Association Inc located?
Sharon Soccer Association Inc is headquartered in Sharon, Massachusetts and files with the IRS under EIN 223269256. It is classified under NTEE code N64.
How many years of IRS 990 filings does Sharon Soccer Association Inc have?
Sharon Soccer Association Inc has 12 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 $221K in total revenue.
Filing History
IRS 990 filing history for Sharon Soccer Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Sharon Soccer Association Inc's revenue has grown by 71.2%, moving from $115K to $197K. Total assets increased by 53.3% over the same period, from $200K to $307K. Total functional expenses rose by 53.6%, from $132K to $203K. In its most recent filing year (2022), Sharon Soccer Association Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $90K in liabilities against $307K in assets (debt-to-asset ratio: 29.4%), resulting in net assets of $217K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $197K | $203K | $307K | $90K | — | View 990 |
| 2021 | $101K | $112K | $301K | $79K | — | View 990 |
| 2020 | $50K | $101K | $243K | $10K | — | View 990 |
| 2019 | $183K | $132K | $300K | $15K | — | View 990 |
| 2018 | $151K | $137K | $276K | $43K | — | View 990 |
| 2017 | $144K | $148K | $259K | $39K | — | View 990 |
| 2016 | $155K | $151K | $267K | $43K | — | View 990 |
| 2015 | $144K | $124K | $264K | $44K | — | View 990 |
| 2014 | $129K | $123K | $239K | $39K | — | View 990 |
| 2013 | $129K | $116K | $221K | $27K | — | View 990 |
| 2012 | $124K | $116K | $211K | $31K | — | View 990 |
| 2011 | $115K | $132K | $200K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $197K, expenses of $203K, and assets of $307K (revenue +94.8% year-over-year).
- 2021: Revenue of $101K, expenses of $112K, and assets of $301K (revenue +100.5% year-over-year).
- 2020: Revenue of $50K, expenses of $101K, and assets of $243K (revenue -72.4% year-over-year).
- 2019: Revenue of $183K, expenses of $132K, and assets of $300K (revenue +21.2% year-over-year).
- 2018: Revenue of $151K, expenses of $137K, and assets of $276K (revenue +5.1% year-over-year).
- 2017: Revenue of $144K, expenses of $148K, and assets of $259K (revenue -7.2% year-over-year).
- 2016: Revenue of $155K, expenses of $151K, and assets of $267K (revenue +7.5% year-over-year).
- 2015: Revenue of $144K, expenses of $124K, and assets of $264K (revenue +11.6% year-over-year).
- 2014: Revenue of $129K, expenses of $123K, and assets of $239K (revenue -0.3% year-over-year).
- 2013: Revenue of $129K, expenses of $116K, and assets of $221K (revenue +4.1% year-over-year).
- 2012: Revenue of $124K, expenses of $116K, and assets of $211K (revenue +8.0% year-over-year).
- 2011: Revenue of $115K, expenses of $132K, and assets of $200K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sharon Soccer Association Inc:
Data Sources and Methodology
This transparency report for Sharon 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.