Southridge Soccer Club Inc
EIN: 421240221 · Des Moines, IA · NTEE: N64
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $70K |
| Net Assets | $22K |
Is Southridge Soccer Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southridge Soccer Club Inc
Southridge Soccer Club Inc (EIN: 421240221) is a nonprofit organization based in Des Moines, IA, classified under NTEE code N64. The organization reported total revenue of $55K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southridge Soccer Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southridge Soccer Club Inc is a micro nonprofit that has been operating for 41 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -10.3%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $70K |
| Surplus / Deficit | $-14,428 |
| Total Assets | $23K |
| Total Liabilities | $788 |
| Net Assets | $22K |
| Operating Margin | -26.1% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 3.9 months |
Financial Health Grade: B
In 2019, Southridge Soccer Club Inc reported a deficit of $14K with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2019), Southridge Soccer Club Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -37.9% | -0.2% | -37.6% |
| 2018 | +9.8% | -48.1% | +112.1% |
| 2017 | +15.3% | +115.4% | -75.7% |
| 2016 | -4.8% | +2.3% | +12.4% |
| 2015 | +12.0% | +13.2% | +25.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southridge Soccer Club 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 Southridge Soccer Club 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.5%.
Frequently Asked Questions about Southridge Soccer Club Inc
Is Southridge Soccer Club Inc a legitimate charity?
Southridge Soccer Club Inc (EIN: 421240221) is a registered tax-exempt nonprofit based in Iowa. It has 9 years of IRS 990 filings on record. Total revenue: $55K. No red flags identified. Financial health grade: B.
How does Southridge Soccer Club Inc spend its money?
Southridge Soccer Club Inc reported $55K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southridge Soccer Club Inc tax-deductible?
Southridge Soccer Club Inc is registered as a tax-exempt nonprofit (EIN: 421240221). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southridge Soccer Club Inc located?
Southridge Soccer Club Inc is headquartered in Des Moines, Iowa and files with the IRS under EIN 421240221. It is classified under NTEE code N64.
How many years of IRS 990 filings does Southridge Soccer Club Inc have?
Southridge Soccer Club Inc has 9 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 $55K in total revenue.
Filing History
IRS 990 filing history for Southridge Soccer Club Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Southridge Soccer Club Inc's revenue has declined by 58.3%, moving from $133K to $55K. Total assets decreased by 35.9% over the same period, from $35K to $23K. Total functional expenses fell by 25.2%, from $93K to $70K. In its most recent filing year (2019), Southridge Soccer Club Inc reported a deficit of $14K, with expenses exceeding revenue. The organization holds $788 in liabilities against $23K in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $22K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $55K | $70K | $23K | $788 | — | View 990 |
| 2018 | $89K | $70K | $36K | $41 | — | View 990 |
| 2017 | $81K | $135K | $17K | $0 | — | — |
| 2016 | $70K | $63K | $71K | $0 | — | View 990 |
| 2015 | $74K | $61K | $63K | $0 | — | View 990 |
| 2014 | $66K | $54K | $50K | $0 | — | View 990 |
| 2013 | $82K | $71K | $38K | $0 | — | View 990 |
| 2012 | $102K | $92K | $29K | $2K | — | View 990 |
| 2011 | $133K | $93K | $35K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $55K, expenses of $70K, and assets of $23K (revenue -37.9% year-over-year).
- 2018: Revenue of $89K, expenses of $70K, and assets of $36K (revenue +9.8% year-over-year).
- 2017: Revenue of $81K, expenses of $135K, and assets of $17K (revenue +15.3% year-over-year).
- 2016: Revenue of $70K, expenses of $63K, and assets of $71K (revenue -4.8% year-over-year).
- 2015: Revenue of $74K, expenses of $61K, and assets of $63K (revenue +12.0% year-over-year).
- 2014: Revenue of $66K, expenses of $54K, and assets of $50K (revenue -19.5% year-over-year).
- 2013: Revenue of $82K, expenses of $71K, and assets of $38K (revenue -19.5% year-over-year).
- 2012: Revenue of $102K, expenses of $92K, and assets of $29K (revenue -23.2% year-over-year).
- 2011: Revenue of $133K, expenses of $93K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southridge Soccer Club Inc:
Data Sources and Methodology
This transparency report for Southridge Soccer Club 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.