Southington Soccer Club
Southington Soccer Club maintains stable finances with volunteer leadership and no liabilities.
EIN: 10861999 · Southington, CT · NTEE: N60 · Updated: 2026-03-27
Is Southington Soccer Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southington Soccer Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southington Soccer Club
Southington Soccer Club (EIN: 10861999) is a nonprofit organization based in Southington, CT, classified under NTEE code N60. The organization reported total revenue of $259K and total assets of $149K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southington Soccer Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southington Soccer Club is a small nonprofit that has been operating for 12 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $222K |
| Total Expenses | $230K |
| Surplus / Deficit | $-8,338 |
| Total Assets | $158K |
| Net Assets | $158K |
| Operating Margin | -3.8% |
| Months of Reserves | 8.2 months |
Financial Health Grade: B
In 2023, Southington Soccer Club reported a deficit of $8K with expenses exceeding revenue, holds 8.2 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Southington Soccer Club's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.6% | +6.3% | -5.0% |
| 2022 | +11.1% | +56.7% | +16.3% |
| 2021 | +238.8% | -6.1% | +119.0% |
| 2020 | -66.4% | -0.6% | -56.1% |
| 2019 | +26.3% | +12.0% | +38.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Southington Soccer Club with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Southington Soccer Club allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 deficit of $8K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all 14 filings, indicating a volunteer-led structure that directs all revenue towards programs and operational costs rather than executive salaries.
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.
Strengths
The following positive indicators were identified for Southington Soccer Club:
- Consistent growth in assets, from $90,661 in 2014 to $157,873 in 2023.
- Zero liabilities reported across all 14 filings, indicating strong financial stability.
- 0% officer compensation, maximizing funds for program delivery.
- Excellent transparency with 14 consistent IRS 990 filings.
- Resilient financial recovery after a dip in revenue during 2020.
Frequently Asked Questions about Southington Soccer Club
Is Southington Soccer Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Southington Soccer Club (EIN: 10861999) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Southington Soccer Club spend its money?
Southington Soccer Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Southington Soccer Club tax-deductible?
Southington Soccer Club is registered as a tax-exempt nonprofit (EIN: 10861999). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Southington Soccer Club a good charity?
Yes, Southington Soccer Club appears to be a very good charity. It operates with no reported officer compensation, maintains zero liabilities, and has a healthy asset base, all while consistently filing its IRS 990s.
How has the organization's financial health changed over time?
The organization has shown consistent growth in assets from $90,661 in 2014 to $157,873 in 2023, indicating improving financial health. While there was a dip in revenue in 2020, it quickly recovered, demonstrating resilience.
What is the impact of the 0% officer compensation?
The 0% officer compensation means that the organization is run by volunteers, which significantly reduces administrative costs and allows a greater proportion of funds to be allocated directly to its soccer programs and activities.
Filing History
IRS 990 filing history for Southington Soccer Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Southington Soccer Club's revenue has grown by 116.5%, moving from $102K to $222K. Total assets increased by 177.1% over the same period, from $57K to $158K. Total functional expenses rose by 167%, from $86K to $230K. In its most recent filing year (2023), Southington Soccer Club reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $222K | $230K | $158K | $0 | — | View 990 |
| 2022 | $240K | $216K | $166K | $0 | — | View 990 |
| 2021 | $216K | $138K | $143K | $0 | — | View 990 |
| 2020 | $64K | $147K | $65K | $0 | — | — |
| 2019 | $189K | $148K | $149K | $0 | — | View 990 |
| 2018 | $150K | $132K | $107K | $0 | — | View 990 |
| 2017 | $157K | $155K | $89K | $0 | — | View 990 |
| 2016 | $164K | $157K | $88K | $0 | — | View 990 |
| 2015 | $152K | $161K | $81K | $0 | — | View 990 |
| 2014 | $145K | $118K | $91K | $0 | — | View 990 |
| 2013 | $138K | $118K | $64K | $0 | — | View 990 |
| 2012 | $93K | $116K | $44K | $0 | — | — |
| 2011 | $107K | $97K | $67K | $0 | — | — |
| 2010 | $102K | $86K | $57K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $222K, expenses of $230K, and assets of $158K (revenue -7.6% year-over-year).
- 2022: Revenue of $240K, expenses of $216K, and assets of $166K (revenue +11.1% year-over-year).
- 2021: Revenue of $216K, expenses of $138K, and assets of $143K (revenue +238.8% year-over-year).
- 2020: Revenue of $64K, expenses of $147K, and assets of $65K (revenue -66.4% year-over-year).
- 2019: Revenue of $189K, expenses of $148K, and assets of $149K (revenue +26.3% year-over-year).
- 2018: Revenue of $150K, expenses of $132K, and assets of $107K (revenue -4.3% year-over-year).
- 2017: Revenue of $157K, expenses of $155K, and assets of $89K (revenue -4.2% year-over-year).
- 2016: Revenue of $164K, expenses of $157K, and assets of $88K (revenue +7.5% year-over-year).
- 2015: Revenue of $152K, expenses of $161K, and assets of $81K (revenue +5.1% year-over-year).
- 2014: Revenue of $145K, expenses of $118K, and assets of $91K (revenue +5.1% year-over-year).
- 2013: Revenue of $138K, expenses of $118K, and assets of $64K (revenue +48.8% year-over-year).
- 2012: Revenue of $93K, expenses of $116K, and assets of $44K (revenue -13.6% year-over-year).
- 2011: Revenue of $107K, expenses of $97K, and assets of $67K (revenue +4.7% year-over-year).
- 2010: Revenue of $102K, expenses of $86K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southington Soccer Club:
Data Sources and Methodology
This transparency report for Southington Soccer Club 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.