Soccer Club Of Newington Inc
Soccer Club Of Newington: Strong Program Spending, Limited Transparency
EIN: 222534368 · Newington, CT · Updated: 2026-04-04
Is Soccer Club Of Newington Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Soccer Club Of Newington Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Soccer Club Of Newington Inc
Soccer Club Of Newington Inc (EIN: 222534368) is a nonprofit organization based in Newington, CT. The organization reported total revenue of $225K and total assets of $126K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Soccer Club Of Newington Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Soccer Club Of Newington Inc is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $226K |
| Total Expenses | $225K |
| Surplus / Deficit | +$1K |
| Total Assets | $169K |
| Total Liabilities | $15K |
| Net Assets | $154K |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 9.0 months |
Financial Health Grade: A
In 2023, Soccer Club Of Newington Inc reported a surplus of $1K with revenue exceeding expenses, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Soccer Club Of Newington Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.2% | +36.0% | -7.3% |
| 2022 | +21.5% | +1.1% | +39.8% |
| 2021 | +112.0% | +87.9% | +22.9% |
| 2020 | -62.9% | -55.3% | -24.5% |
| 2019 | -4.2% | -1.8% | +27.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Soccer Club Of Newington 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: 85%
- fundraising: 5%
According to IRS 990 filings, Soccer Club Of Newington Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.7%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold for key employees, which is common for organizations 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 Soccer Club Of Newington Inc's IRS 990 filings:
- Lack of detailed program impact reporting beyond financial figures.
- Limited narrative transparency regarding operational strategies and future goals.
Strengths
The following positive indicators were identified for Soccer Club Of Newington Inc:
- Consistent revenue generation over several years.
- Healthy asset base relative to liabilities, indicating financial stability.
- High percentage of expenses allocated to programs based on available data.
Frequently Asked Questions about Soccer Club Of Newington Inc
Is Soccer Club Of Newington Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Soccer Club Of Newington Inc (EIN: 222534368) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Soccer Club Of Newington Inc spend its money?
Soccer Club Of Newington Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Soccer Club Of Newington Inc tax-deductible?
Soccer Club Of Newington Inc is registered as a tax-exempt nonprofit (EIN: 222534368). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Soccer Club Of Newington Inc do?
Soccer Club Of Newington Inc is a nonprofit organization in the Unknown sector, located in Newington, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Soccer Club Of Newington Inc have?
Soccer Club Of Newington Inc reported total revenue of $225,347. Based on 13 IRS 990 filings on record.
What are Soccer Club Of Newington Inc's total assets?
Soccer Club Of Newington Inc holds total assets of $125,639 as reported in IRS 990 filings.
Where is Soccer Club Of Newington Inc located?
Soccer Club Of Newington Inc is based in Newington, Connecticut.
What is Soccer Club Of Newington Inc's EIN?
Soccer Club Of Newington Inc's Employer Identification Number (EIN) is 222534368. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Soccer Club Of Newington Inc?
Soccer Club Of Newington Inc is classified under NTEE code Unknown (Unknown).
Is Soccer Club Of Newington Inc a registered 501(c)(3)?
Soccer Club Of Newington Inc appears in IRS records (EIN: 222534368). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Soccer Club Of Newington Inc file IRS Form 990?
Yes, Soccer Club Of Newington Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Soccer Club Of Newington Inc's revenue in 2023?
In the 202312 filing period, Soccer Club Of Newington Inc reported total revenue of $225,709, total expenses of $224,685, and net assets of $168,580.
Is Soccer Club Of Newington Inc's revenue growing or declining?
Soccer Club Of Newington Inc's revenue is growing. Revenue went from $206,632 (202212) to $225,709 (202312), a +9.2% change. Based on 13 filings on record.
What is Soccer Club Of Newington Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Soccer Club Of Newington Inc covers tax period 202312. It shows revenue of $225,709, expenses of $224,685, total assets of $168,580, and liabilities of $14,674.
How much does Soccer Club Of Newington Inc spend on programs vs administration?
Based on IRS 990 analysis, Soccer Club Of Newington Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Soccer Club Of Newington Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Soccer Club Of Newington Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Soccer Club Of Newington Inc?
The following concerns were identified: Lack of detailed program impact reporting beyond financial figures.. Limited narrative transparency regarding operational strategies and future goals.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Soccer Club Of Newington Inc's strengths?
Positive indicators for Soccer Club Of Newington Inc include: Consistent revenue generation over several years.. Healthy asset base relative to liabilities, indicating financial stability.. High percentage of expenses allocated to programs based on available data.. These findings are derived from AI analysis of the organization's financial filings.
How does Soccer Club Of Newington Inc compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold for key employees, which is common for organizations of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization ensure its program spending directly translates into measurable benefits for participants?
While the financial data shows a high percentage of expenses on programs, specific metrics or qualitative reports on participant development, engagement, or success are not provided in the available filings. This makes it difficult to assess the direct impact of the $224,685 in expenses reported in 2023.
What strategies does the Soccer Club Of Newington employ to maintain its strong financial position and asset growth?
The organization has consistently maintained a positive net asset position, growing from $22,619 in 2016 to $168,580 in 2023. This growth, despite fluctuating revenues, suggests effective financial management and potentially strategic investment or reserve building, though specific strategies are not detailed.
Filing History
IRS 990 filing history for Soccer Club Of Newington Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Soccer Club Of Newington Inc's revenue has grown by 43.8%, moving from $157K to $226K. Total assets increased by 12642.3% over the same period, from $1K to $169K. Total functional expenses rose by 40.5%, from $160K to $225K. In its most recent filing year (2023), Soccer Club Of Newington Inc reported a surplus of $1K, with revenue exceeding expenses. The organization holds $15K in liabilities against $169K in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $154K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $226K | $225K | $169K | $15K | — | — |
| 2022 | $207K | $165K | $182K | $29K | — | — |
| 2021 | $170K | $163K | $130K | $19K | — | View 990 |
| 2020 | $80K | $87K | $106K | $910 | — | — |
| 2019 | $216K | $194K | $140K | $28K | — | View 990 |
| 2018 | $226K | $198K | $110K | $20K | — | View 990 |
| 2017 | $196K | $157K | $75K | $13K | — | — |
| 2016 | $224K | $204K | $23K | $0 | — | View 990 |
| 2015 | $184K | $202K | $3K | $0 | — | View 990 |
| 2014 | $155K | $165K | $21K | $0 | — | View 990 |
| 2013 | $175K | $173K | $31K | $0 | — | View 990 |
| 2012 | $151K | $124K | $28K | $0 | — | View 990 |
| 2011 | $157K | $160K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $226K, expenses of $225K, and assets of $169K (revenue +9.2% year-over-year).
- 2022: Revenue of $207K, expenses of $165K, and assets of $182K (revenue +21.5% year-over-year).
- 2021: Revenue of $170K, expenses of $163K, and assets of $130K (revenue +112.0% year-over-year).
- 2020: Revenue of $80K, expenses of $87K, and assets of $106K (revenue -62.9% year-over-year).
- 2019: Revenue of $216K, expenses of $194K, and assets of $140K (revenue -4.2% year-over-year).
- 2018: Revenue of $226K, expenses of $198K, and assets of $110K (revenue +15.0% year-over-year).
- 2017: Revenue of $196K, expenses of $157K, and assets of $75K (revenue -12.4% year-over-year).
- 2016: Revenue of $224K, expenses of $204K, and assets of $23K (revenue +21.5% year-over-year).
- 2015: Revenue of $184K, expenses of $202K, and assets of $3K (revenue +18.7% year-over-year).
- 2014: Revenue of $155K, expenses of $165K, and assets of $21K (revenue -11.5% year-over-year).
- 2013: Revenue of $175K, expenses of $173K, and assets of $31K (revenue +16.0% year-over-year).
- 2012: Revenue of $151K, expenses of $124K, and assets of $28K (revenue -3.6% year-over-year).
- 2011: Revenue of $157K, expenses of $160K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Soccer Club Of Newington Inc:
Data Sources and Methodology
This transparency report for Soccer Club Of Newington 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.