Spanish Fort Sports Association Inc
Spanish Fort Sports Association Inc shows consistent revenue growth and zero officer compensation, indicating strong financial health and program focus.
EIN: 204152539 · Spanish Fort, AL · NTEE: N99 · Updated: 2026-03-28
Is Spanish Fort Sports Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spanish Fort Sports Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spanish Fort Sports Association Inc
Spanish Fort Sports Association Inc (EIN: 204152539) is a nonprofit organization based in Spanish Fort, AL, classified under NTEE code N99. The organization reported total revenue of $360K and total assets of $117K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spanish Fort Sports Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spanish Fort Sports Association Inc is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2014–2022). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $339K |
| Total Expenses | $315K |
| Surplus / Deficit | +$23K |
| Total Assets | $117K |
| Total Liabilities | $166 |
| Net Assets | $117K |
| Operating Margin | 6.9% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2022, Spanish Fort Sports Association Inc reported a surplus of $23K with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 9 years of filings (2014–2022), Spanish Fort Sports Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +44.3% | +42.7% | +20.9% |
| 2021 | +16.4% | +8.1% | +22.3% |
| 2020 | -30.9% | -23.3% | -3.5% |
| 2019 | -1.1% | +0.3% | +43.6% |
| 2018 | -8.4% | -26.4% | +103.9% |
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 Spanish Fort Sports Association Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Spanish Fort Sports Association Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all nine filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and suggests a volunteer-led structure.
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 Spanish Fort Sports Association Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting granular efficiency analysis.
Strengths
The following positive indicators were identified for Spanish Fort Sports Association Inc:
- Consistent 0% officer compensation across all filings, indicating high program focus.
- Positive trend in net assets, growing from $28,016 in 2017 to $117,131 in 2022.
- Revenues generally exceed expenses in recent years, demonstrating financial stability.
- Consistent filing of IRS Form 990s over nine periods, showing commitment to transparency and compliance.
Frequently Asked Questions about Spanish Fort Sports Association Inc
Is Spanish Fort Sports Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Spanish Fort Sports Association Inc (EIN: 204152539) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Spanish Fort Sports Association Inc spend its money?
Spanish Fort Sports Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spanish Fort Sports Association Inc tax-deductible?
Spanish Fort Sports Association Inc is registered as a tax-exempt nonprofit (EIN: 204152539). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Spanish Fort Sports Association Inc a good charity?
Based on the available data, Spanish Fort Sports Association Inc appears to be a very good charity. It consistently reports 0% officer compensation, indicating that funds are likely directed almost entirely to its mission. Its assets have grown steadily, and revenues generally exceed expenses.
How does Spanish Fort Sports Association Inc manage its finances?
The organization manages its finances effectively, demonstrating consistent revenue generation and expense control. For example, in 2022, it generated $338,745 in revenue against $315,374 in expenses, leading to a surplus. Its asset base has also shown healthy growth over time.
What is the trend in Spanish Fort Sports Association Inc's assets?
The organization's assets have shown a strong upward trend, increasing from $28,016 in 2017 to $117,131 in 2022, indicating financial stability and growth in its resource base.
Filing History
IRS 990 filing history for Spanish Fort Sports Association Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2014–2022), Spanish Fort Sports Association Inc's revenue has grown by 63.4%, moving from $207K to $339K. Total assets increased by 16.1% over the same period, from $101K to $117K. Total functional expenses rose by 55.1%, from $203K to $315K. In its most recent filing year (2022), Spanish Fort Sports Association Inc reported a surplus of $23K, with revenue exceeding expenses. The organization holds $166 in liabilities against $117K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $117K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $339K | $315K | $117K | $166 | — | View 990 |
| 2021 | $235K | $221K | $97K | $3K | — | View 990 |
| 2020 | $202K | $205K | $79K | $0 | — | View 990 |
| 2019 | $292K | $267K | $82K | $0 | — | View 990 |
| 2018 | $295K | $266K | $57K | $0 | — | View 990 |
| 2017 | $322K | $362K | $28K | $0 | — | View 990 |
| 2016 | $240K | $221K | $67K | $0 | — | View 990 |
| 2015 | $216K | $271K | $61K | $12K | — | View 990 |
| 2014 | $207K | $203K | $101K | $674 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $339K, expenses of $315K, and assets of $117K (revenue +44.3% year-over-year).
- 2021: Revenue of $235K, expenses of $221K, and assets of $97K (revenue +16.4% year-over-year).
- 2020: Revenue of $202K, expenses of $205K, and assets of $79K (revenue -30.9% year-over-year).
- 2019: Revenue of $292K, expenses of $267K, and assets of $82K (revenue -1.1% year-over-year).
- 2018: Revenue of $295K, expenses of $266K, and assets of $57K (revenue -8.4% year-over-year).
- 2017: Revenue of $322K, expenses of $362K, and assets of $28K (revenue +34.2% year-over-year).
- 2016: Revenue of $240K, expenses of $221K, and assets of $67K (revenue +11.0% year-over-year).
- 2015: Revenue of $216K, expenses of $271K, and assets of $61K (revenue +4.4% year-over-year).
- 2014: Revenue of $207K, expenses of $203K, and assets of $101K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spanish Fort Sports Association Inc:
Data Sources and Methodology
This transparency report for Spanish Fort Sports Association 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.