Siegel Stars Football Boosters Inc
Siegel Stars Football Boosters Inc. reports significant liabilities and expenses exceeding revenue in its latest filing.
EIN: 141887020 · Murfreesboro, TN · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $259K |
| Total Expenses | $947K |
| Program Spending | 80% |
| Net Assets | $-687,282 |
| Transparency Score | 65/100 |
Is Siegel Stars Football Boosters Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Siegel Stars Football Boosters Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Siegel Stars Football Boosters Inc
Siegel Stars Football Boosters Inc (EIN: 141887020) is a nonprofit organization based in Murfreesboro, TN, classified under NTEE code B11. The organization reported total revenue of $259K and total assets of $115K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Siegel Stars Football Boosters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Siegel Stars Football Boosters Inc is a small nonprofit that has been operating for 23 years, with 15 years of IRS 990 filings on record (2010–2024). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $947K |
| Surplus / Deficit | $-758,449 |
| Total Assets | $63K |
| Total Liabilities | $750K |
| Net Assets | $-687,282 |
| Operating Margin | -401.9% |
| Debt-to-Asset Ratio | 1195.8% |
| Months of Reserves | 0.8 months |
Financial Health Grade: D
In 2024, Siegel Stars Football Boosters Inc reported a deficit of $758K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 1195.8% (high leverage).
Financial Trends
Over 15 years of filings (2010–2024), Siegel Stars Football Boosters Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +39.4% | +901.1% | -92.4% |
| 2023 | +21.6% | +4.8% | +2603.4% |
| 2022 | +21.8% | -4.1% | +227.6% |
| 2021 | -11.9% | +2.4% | -22.6% |
| 2020 | -24.2% | -36.9% | +8278.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Siegel Stars Football Boosters 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, Siegel Stars Football Boosters 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $758K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1195.8%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is run by volunteers and does not allocate funds to pay its officers, which is commendable for a booster club of this size.
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 Siegel Stars Football Boosters Inc's IRS 990 filings:
- Significant increase in liabilities to $750,000 in 2023 and 2024, representing a large portion of assets.
- Expenses ($947,179) far exceeded revenue ($188,730) in the 202406 period, leading to a substantial deficit.
- Fluctuating asset levels, with a sharp increase in 2023 ($821,167) followed by a decrease in 2024 ($62,718), while liabilities remained high.
Strengths
The following positive indicators were identified for Siegel Stars Football Boosters Inc:
- Consistent 0% officer compensation, indicating a volunteer-driven model.
- Long filing history (15 filings) suggests established operations.
- Generally maintained positive net assets in earlier periods before the recent liability increase.
Frequently Asked Questions about Siegel Stars Football Boosters Inc
Is Siegel Stars Football Boosters Inc a legitimate charity?
Siegel Stars Football Boosters Inc (EIN: 141887020) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 65/100. It has 15 years of IRS 990 filings on record. Total revenue: $259K. 3 red flags identified. 3 strengths noted. Financial health grade: D.
How does Siegel Stars Football Boosters Inc spend its money?
Siegel Stars Football Boosters Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Siegel Stars Football Boosters Inc tax-deductible?
Siegel Stars Football Boosters Inc is registered as a tax-exempt nonprofit (EIN: 141887020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Siegel Stars Football Boosters Inc's spending goes to programs?
Siegel Stars Football Boosters Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Siegel Stars Football Boosters Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Siegel Stars Football Boosters Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Siegel Stars Football Boosters Inc located?
Siegel Stars Football Boosters Inc is headquartered in Murfreesboro, Tennessee and files with the IRS under EIN 141887020. It is classified under NTEE code B11.
How many years of IRS 990 filings does Siegel Stars Football Boosters Inc have?
Siegel Stars Football Boosters Inc has 15 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 $259K in total revenue.
What caused the significant increase in liabilities to $750,000 in both 2023 and 2024?
The filings indicate a sudden jump in liabilities to $750,000 in the 202306 period, which persisted into 202406. This substantial debt, especially relative to the organization's typical revenue, requires further investigation to understand its nature (e.g., a loan for a specific project, a capital lease, etc.) and the plan for repayment.
Why did expenses surge to $947,179 in the 202406 period, far exceeding revenue?
The 202406 filing shows expenses of $947,179 against revenue of $188,730. This significant deficit and expense increase, compared to prior years where expenses were typically under $200,000, suggests a major financial event or project occurred, which needs clarification for financial health assessment.
How does the organization plan to manage and reduce its $750,000 in liabilities?
With liabilities consistently at $750,000 in the last two periods and recent expenses outstripping revenue, the organization's strategy for managing and ultimately reducing this substantial debt is a critical question for its long-term financial stability.
Filing History
IRS 990 filing history for Siegel Stars Football Boosters Inc showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2010–2024), Siegel Stars Football Boosters Inc's revenue has grown by 171.9%, moving from $69K to $189K. Total assets increased by 382.1% over the same period, from $13K to $63K. Total functional expenses rose by 1528.5%, from $58K to $947K. In its most recent filing year (2024), Siegel Stars Football Boosters Inc reported a deficit of $758K, with expenses exceeding revenue. The organization holds $750K in liabilities against $63K in assets (debt-to-asset ratio: 1195.8%), resulting in net assets of $-687,282.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $189K | $947K | $63K | $750K | — | — |
| 2023 | $135K | $95K | $821K | $750K | — | View 990 |
| 2022 | $111K | $90K | $30K | $0 | — | View 990 |
| 2021 | $91K | $94K | $9K | $0 | — | — |
| 2020 | $104K | $92K | $12K | $0 | — | View 990 |
| 2019 | $137K | $146K | $143 | $0 | — | View 990 |
| 2018 | $142K | $171K | $9K | $0 | — | View 990 |
| 2017 | $155K | $129K | $38K | $0 | — | View 990 |
| 2016 | $109K | $116K | $12K | $0 | — | View 990 |
| 2015 | $107K | $121K | $19K | $0 | — | View 990 |
| 2014 | $88K | $87K | $33K | $0 | — | View 990 |
| 2013 | $95K | $73K | $33K | $0 | — | View 990 |
| 2012 | $94K | $96K | $10K | $0 | — | View 990 |
| 2011 | $89K | $90K | $12K | $0 | — | View 990 |
| 2010 | $69K | $58K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $189K, expenses of $947K, and assets of $63K (revenue +39.4% year-over-year).
- 2023: Revenue of $135K, expenses of $95K, and assets of $821K (revenue +21.6% year-over-year).
- 2022: Revenue of $111K, expenses of $90K, and assets of $30K (revenue +21.8% year-over-year).
- 2021: Revenue of $91K, expenses of $94K, and assets of $9K (revenue -11.9% year-over-year).
- 2020: Revenue of $104K, expenses of $92K, and assets of $12K (revenue -24.2% year-over-year).
- 2019: Revenue of $137K, expenses of $146K, and assets of $143 (revenue -3.6% year-over-year).
- 2018: Revenue of $142K, expenses of $171K, and assets of $9K (revenue -8.2% year-over-year).
- 2017: Revenue of $155K, expenses of $129K, and assets of $38K (revenue +41.7% year-over-year).
- 2016: Revenue of $109K, expenses of $116K, and assets of $12K (revenue +1.7% year-over-year).
- 2015: Revenue of $107K, expenses of $121K, and assets of $19K (revenue +22.1% year-over-year).
- 2014: Revenue of $88K, expenses of $87K, and assets of $33K (revenue -7.7% year-over-year).
- 2013: Revenue of $95K, expenses of $73K, and assets of $33K (revenue +0.9% year-over-year).
- 2012: Revenue of $94K, expenses of $96K, and assets of $10K (revenue +6.6% year-over-year).
- 2011: Revenue of $89K, expenses of $90K, and assets of $12K (revenue +27.6% year-over-year).
- 2010: Revenue of $69K, expenses of $58K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Siegel Stars Football Boosters Inc:
Data Sources and Methodology
This transparency report for Siegel Stars Football Boosters 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.