Southern Organized Cheer Support Inc
Southern Organized Cheer Support Inc. reports zero officer compensation amidst fluctuating revenues and consistent asset growth.
EIN: 161761113 · Somerset, KY · NTEE: N11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.5M |
| Total Expenses | $373K |
| Program Spending | 85% |
| Net Assets | $159K |
| Transparency Score | 80/100 |
Is Southern Organized Cheer Support Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southern Organized Cheer Support Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southern Organized Cheer Support Inc
Southern Organized Cheer Support Inc (EIN: 161761113) is a nonprofit organization based in Somerset, KY, classified under NTEE code N11. The organization reported total revenue of $12.5M and total assets of $372K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Organized Cheer Support Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Organized Cheer Support Inc is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $502K |
| Total Expenses | $373K |
| Surplus / Deficit | +$129K |
| Total Assets | $267K |
| Total Liabilities | $108K |
| Net Assets | $159K |
| Operating Margin | 25.8% |
| Debt-to-Asset Ratio | 40.5% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2023, Southern Organized Cheer Support Inc reported a surplus of $129K with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 40.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southern Organized Cheer Support Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.4% | -11.4% | +81.3% |
| 2022 | +10.7% | +20.7% | -3.6% |
| 2021 | +307.9% | +112.2% | +3.4% |
| 2020 | -68.1% | -46.1% | +3.9% |
| 2019 | -18.0% | -6.4% | -11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Southern Organized Cheer Support Inc with a Mission Score of 80 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, Southern Organized Cheer Support 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 $129K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.5%.
Executive Compensation Analysis
Southern Organized Cheer Support Inc. consistently reports 0% officer compensation across all provided filings, indicating that no salaries or benefits are paid to officers, or that such compensation is minimal and not categorized as officer pay. This suggests a highly volunteer-driven leadership structure or a strong commitment to directing funds away from executive salaries, which is commendable for an organization of its 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 Southern Organized Cheer Support Inc's IRS 990 filings:
- Significant historical revenue volatility without clear explanation in provided data.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data to fully assess efficiency.
Strengths
The following positive indicators were identified for Southern Organized Cheer Support Inc:
- Consistent reporting of 0% officer compensation, indicating low executive overhead.
- Positive net assets in recent years, suggesting financial stability.
- Consistent filing of IRS Form 990s, demonstrating commitment to transparency.
Frequently Asked Questions about Southern Organized Cheer Support Inc
Is Southern Organized Cheer Support Inc a legitimate charity?
Southern Organized Cheer Support Inc (EIN: 161761113) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $12.5M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Southern Organized Cheer Support Inc spend its money?
Southern Organized Cheer Support Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Southern Organized Cheer Support Inc tax-deductible?
Southern Organized Cheer Support Inc is registered as a tax-exempt nonprofit (EIN: 161761113). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southern Organized Cheer Support Inc's spending goes to programs?
Southern Organized Cheer Support Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southern Organized Cheer Support Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Southern Organized Cheer Support Inc is above average for NTEE category N11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southern Organized Cheer Support Inc located?
Southern Organized Cheer Support Inc is headquartered in Somerset, Kentucky and files with the IRS under EIN 161761113. It is classified under NTEE code N11.
How many years of IRS 990 filings does Southern Organized Cheer Support Inc have?
Southern Organized Cheer Support Inc has 13 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 $12.5M in total revenue.
What caused the significant revenue fluctuations, such as the $3.3 million in 2016 and $1.6 million in 2014, compared to recent years' sub-$500k revenues?
The provided data shows substantial revenue spikes in 2014 ($1,698,974) and 2016 ($3,372,377) that are not present in more recent filings. Understanding the nature of these past revenue sources (e.g., specific grants, large events, or one-time donations) would clarify the organization's historical financial model and current operational scale.
How does Southern Organized Cheer Support Inc. manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation for leadership roles is categorized differently within the 990, such as general salaries, rather than specifically as officer compensation. This practice significantly reduces administrative overhead related to executive pay.
What are the specific program activities funded by Southern Organized Cheer Support Inc.?
While the NTEE code N11 (Youth Sports) gives a general idea, the filings do not detail the specific programs or services provided. Understanding the nature of their cheer support activities would provide insight into their impact and how funds are utilized to achieve their mission.
Filing History
IRS 990 filing history for Southern Organized Cheer Support Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southern Organized Cheer Support Inc's revenue has declined by 75%, moving from $2.0M to $502K. Total assets decreased by 32.7% over the same period, from $397K to $267K. Total functional expenses fell by 81.2%, from $2.0M to $373K. In its most recent filing year (2023), Southern Organized Cheer Support Inc reported a surplus of $129K, with revenue exceeding expenses. The organization holds $108K in liabilities against $267K in assets (debt-to-asset ratio: 40.5%), resulting in net assets of $159K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $502K | $373K | $267K | $108K | — | — |
| 2022 | $394K | $421K | $147K | $118K | — | View 990 |
| 2021 | $356K | $349K | $153K | $96K | — | View 990 |
| 2020 | $87K | $164K | $148K | $99K | — | View 990 |
| 2019 | $274K | $305K | $142K | $98K | — | View 990 |
| 2018 | $334K | $326K | $160K | $95K | — | View 990 |
| 2017 | $316K | $342K | $159K | $102K | — | View 990 |
| 2016 | $3.4M | $3.4M | $164K | $82K | — | View 990 |
| 2015 | $271K | $249K | $177K | $86K | — | View 990 |
| 2014 | $1.7M | $1.7M | $170K | $88K | — | View 990 |
| 2013 | $1.7M | $1.7M | $369K | $74K | — | View 990 |
| 2012 | $1.9M | $1.9M | $381K | $83K | — | View 990 |
| 2011 | $2.0M | $2.0M | $397K | $93K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $502K, expenses of $373K, and assets of $267K (revenue +27.4% year-over-year).
- 2022: Revenue of $394K, expenses of $421K, and assets of $147K (revenue +10.7% year-over-year).
- 2021: Revenue of $356K, expenses of $349K, and assets of $153K (revenue +307.9% year-over-year).
- 2020: Revenue of $87K, expenses of $164K, and assets of $148K (revenue -68.1% year-over-year).
- 2019: Revenue of $274K, expenses of $305K, and assets of $142K (revenue -18.0% year-over-year).
- 2018: Revenue of $334K, expenses of $326K, and assets of $160K (revenue +5.6% year-over-year).
- 2017: Revenue of $316K, expenses of $342K, and assets of $159K (revenue -90.6% year-over-year).
- 2016: Revenue of $3.4M, expenses of $3.4M, and assets of $164K (revenue +1146.0% year-over-year).
- 2015: Revenue of $271K, expenses of $249K, and assets of $177K (revenue -84.1% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $170K (revenue -2.4% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $369K (revenue -9.2% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.9M, and assets of $381K (revenue -4.4% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.0M, and assets of $397K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Organized Cheer Support Inc:
Data Sources and Methodology
This transparency report for Southern Organized Cheer Support 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.