Spirit Of Soccer Inc
Spirit Of Soccer Inc consistently operates with tight margins and no reported officer compensation.
EIN: 200252138 · Huntingdon, PA · Updated: 2026-03-28
Is Spirit Of Soccer Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spirit Of Soccer Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spirit Of Soccer Inc
Spirit Of Soccer Inc (EIN: 200252138) is a nonprofit organization based in Huntingdon, PA. The organization reported total revenue of $2.1M and total assets of $459K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spirit Of Soccer Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Spirit Of Soccer Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Spirit Of Soccer Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Spirit Of Soccer Inc consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual and suggests a volunteer-led or extremely lean leadership 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 Spirit Of Soccer Inc's IRS 990 filings:
- Significant increase in liabilities in 2023 ($1,078 from $1,911 in 2022) without clear explanation in summary data.
Strengths
The following positive indicators were identified for Spirit Of Soccer Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Revenues consistently track expenses, suggesting efficient use of funds for program delivery.
- Steady growth in assets over the past decade, from $103,428 in 2014 to $343,997 in 2023.
- Strong program spending ratio, with a significant portion of expenses dedicated to mission-related activities.
Frequently Asked Questions about Spirit Of Soccer Inc
Is Spirit Of Soccer Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Spirit Of Soccer Inc (EIN: 200252138) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Spirit Of Soccer Inc spend its money?
Spirit Of Soccer Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spirit Of Soccer Inc tax-deductible?
Spirit Of Soccer Inc is registered as a tax-exempt nonprofit (EIN: 200252138). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Spirit Of Soccer Inc a good charity?
Based on the financial data, Spirit Of Soccer Inc appears to be a very good charity. It consistently operates with minimal overhead, as evidenced by the tight revenue-to-expense ratio and, most notably, the consistent reporting of 0% officer compensation, meaning funds are directly applied to its mission.
How has Spirit Of Soccer Inc's financial health changed over time?
Spirit Of Soccer Inc has shown consistent revenue generation, generally ranging between $1 million and $2 million annually. Assets have grown steadily from $103,428 in 2014 to $343,997 in 2023, indicating increasing financial capacity. Expenses have closely tracked revenues, suggesting efficient use of funds.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly significant. It indicates that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for transparency and ensures more funds are directed to programs.
What caused the increase in liabilities in 2023?
The liabilities increased from $1,911 in 2022 to $1,078 in 2023. While the specific cause is not detailed in the provided summary, this increase warrants further investigation into the full IRS 990 filing to understand the nature of these liabilities and their potential impact on the organization's financial stability.
Filing History
IRS 990 filing history for Spirit Of Soccer Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Spirit Of Soccer Inc's revenue has grown by 154.9%, moving from $721K to $1.8M. Total assets increased by 288% over the same period, from $89K to $344K. Total functional expenses rose by 169.2%, from $678K to $1.8M. In its most recent filing year (2023), Spirit Of Soccer Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $1K in liabilities against $344K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $343K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.8M | $344K | $1K | — | — |
| 2022 | $2.0M | $1.9M | $332K | $2K | — | View 990 |
| 2021 | $1.4M | $1.4M | $226K | $0 | — | View 990 |
| 2020 | $1.1M | $961K | $260K | $0 | — | — |
| 2019 | $1.7M | $1.7M | $173K | $3K | — | View 990 |
| 2018 | $1.6M | $1.5M | $212K | $176 | — | View 990 |
| 2017 | $1.5M | $1.6M | $130K | $1K | — | — |
| 2016 | $1.7M | $1.7M | $216K | $167 | — | View 990 |
| 2015 | $1.1M | $1.1M | $156K | $11K | — | View 990 |
| 2014 | $1.1M | $1.1M | $103K | $9K | — | View 990 |
| 2013 | $877K | $848K | $133K | $8K | — | View 990 |
| 2012 | $791K | $752K | $107K | $0 | — | View 990 |
| 2011 | $707K | $727K | $68K | $0 | — | View 990 |
| 2010 | $721K | $678K | $89K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.8M, and assets of $344K (revenue -6.0% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.9M, and assets of $332K (revenue +41.3% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $226K (revenue +31.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $961K, and assets of $260K (revenue -37.3% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.7M, and assets of $173K (revenue +6.0% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.5M, and assets of $212K (revenue +5.2% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.6M, and assets of $130K (revenue -14.0% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $216K (revenue +54.5% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $156K (revenue +2.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $103K (revenue +25.6% year-over-year).
- 2013: Revenue of $877K, expenses of $848K, and assets of $133K (revenue +10.9% year-over-year).
- 2012: Revenue of $791K, expenses of $752K, and assets of $107K (revenue +11.8% year-over-year).
- 2011: Revenue of $707K, expenses of $727K, and assets of $68K (revenue -1.9% year-over-year).
- 2010: Revenue of $721K, expenses of $678K, and assets of $89K.
Data Sources and Methodology
This transparency report for Spirit Of Soccer 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.