Spirit Soccer Club Of Chester Co
Spirit Soccer Club: Strong Growth, Prudent Spending, and Clear Financials
EIN: 222778767 · Conshohocken, PA · NTEE: N64 · Updated: 2026-04-04
Is Spirit Soccer Club Of Chester Co Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spirit Soccer Club Of Chester Co directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spirit Soccer Club Of Chester Co
Spirit Soccer Club Of Chester Co (EIN: 222778767) is a nonprofit organization based in Conshohocken, PA, classified under NTEE code N64. The organization reported total revenue of $6.7M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spirit Soccer Club Of Chester Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spirit Soccer Club Of Chester Co is a mid-size nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 15.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.3M |
| Total Expenses | $5.5M |
| Surplus / Deficit | +$796K |
| Total Assets | $6.0M |
| Total Liabilities | $2.6M |
| Net Assets | $3.5M |
| Operating Margin | 12.5% |
| Debt-to-Asset Ratio | 42.7% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2023, Spirit Soccer Club Of Chester Co reported a surplus of $796K with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 42.7% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Spirit Soccer Club Of Chester Co's revenue has grown at a compound annual growth rate (CAGR) of 15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.5% | +15.9% | +32.8% |
| 2022 | +23.3% | +19.1% | +22.3% |
| 2021 | +57.4% | +41.4% | +30.4% |
| 2020 | +28.1% | +34.5% | +46.6% |
| 2019 | -44.4% | -44.0% | -20.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Spirit Soccer Club Of Chester Co with a Mission Score of 85 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: 88%
- fundraising: 5%
According to IRS 990 filings, Spirit Soccer Club Of Chester Co allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 $796K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.7%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in the filings suggests no reportable compensation for key employees, which is a positive indicator for a nonprofit of this 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.
Strengths
The following positive indicators were identified for Spirit Soccer Club Of Chester Co:
- Consistent revenue growth from $2.08M in 2019 to $6.34M in 2023, demonstrating increasing community engagement and program success.
- High percentage of expenses dedicated to programs (average 88% over recent years), indicating efficient use of funds towards its mission.
- Healthy asset growth from $1.94M in 2019 to $6.03M in 2023, strengthening the organization's financial foundation.
- Low fundraising costs, suggesting effective and efficient donor acquisition and retention strategies.
- Strong liquidity with current assets consistently exceeding current liabilities, ensuring operational stability.
Frequently Asked Questions about Spirit Soccer Club Of Chester Co
Is Spirit Soccer Club Of Chester Co a legitimate charity?
Based on AI analysis of IRS 990 filings, Spirit Soccer Club Of Chester Co (EIN: 222778767) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Spirit Soccer Club Of Chester Co spend its money?
Spirit Soccer Club Of Chester Co directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spirit Soccer Club Of Chester Co tax-deductible?
Spirit Soccer Club Of Chester Co is registered as a tax-exempt nonprofit (EIN: 222778767). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Spirit Soccer Club Of Chester Co do?
Spirit Soccer Club Of Chester Co is a nonprofit organization in the Recreation & Sports sector, located in Conshohocken, Pennsylvania. It is classified under NTEE code N64.
How much revenue does Spirit Soccer Club Of Chester Co have?
Spirit Soccer Club Of Chester Co reported total revenue of $6,659,080. Based on 14 IRS 990 filings on record.
What are Spirit Soccer Club Of Chester Co's total assets?
Spirit Soccer Club Of Chester Co holds total assets of $7,435,024 as reported in IRS 990 filings.
Where is Spirit Soccer Club Of Chester Co located?
Spirit Soccer Club Of Chester Co is based in Conshohocken, Pennsylvania.
What is Spirit Soccer Club Of Chester Co's EIN?
Spirit Soccer Club Of Chester Co's Employer Identification Number (EIN) is 222778767. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Spirit Soccer Club Of Chester Co?
Spirit Soccer Club Of Chester Co is classified under NTEE code N64 (Recreation & Sports).
Is Spirit Soccer Club Of Chester Co a registered 501(c)(3)?
Yes, Spirit Soccer Club Of Chester Co is recognized as a tax-exempt organization by the IRS. EIN: 222778767.
Does Spirit Soccer Club Of Chester Co file IRS Form 990?
Yes, Spirit Soccer Club Of Chester Co has 14 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Spirit Soccer Club Of Chester Co's revenue in 2023?
In the 202306 filing period, Spirit Soccer Club Of Chester Co reported total revenue of $6,344,272, total expenses of $5,548,598, and net assets of $6,032,755.
Is Spirit Soccer Club Of Chester Co's revenue growing or declining?
Spirit Soccer Club Of Chester Co's revenue is growing. Revenue went from $5,177,203 (202206) to $6,344,272 (202306), a +22.5% change. Based on 14 filings on record.
What is Spirit Soccer Club Of Chester Co's most recent 990 filing?
The most recent IRS Form 990 filing for Spirit Soccer Club Of Chester Co covers tax period 202306. It shows revenue of $6,344,272, expenses of $5,548,598, total assets of $6,032,755, and liabilities of $2,573,617.
How much does Spirit Soccer Club Of Chester Co spend on programs vs administration?
Based on IRS 990 analysis, Spirit Soccer Club Of Chester Co allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Spirit Soccer Club Of Chester Co a trustworthy charity?
Based on AI analysis of IRS 990 data, Spirit Soccer Club Of Chester Co appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Spirit Soccer Club Of Chester Co's strengths?
Positive indicators for Spirit Soccer Club Of Chester Co include: Consistent revenue growth from $2.08M in 2019 to $6.34M in 2023, demonstrating increasing community engagement and program success.. High percentage of expenses dedicated to programs (average 88% over recent years), indicating efficient use of funds towards its mission.. Healthy asset growth from $1.94M in 2019 to $6.03M in 2023, strengthening the organization's financial foundation.. Low fundraising costs, suggesting effective and efficient donor acquisition and retention strategies.. Strong liquidity with current assets consistently exceeding current liabilities, ensuring operational stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Spirit Soccer Club Of Chester Co compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in the filings suggests no reportable compensation for key employees, which is a positive indicator for a nonprofit of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Spirit Soccer Club managed to achieve such significant revenue growth and asset accumulation while maintaining a low percentage of administrative and fundraising expenses?
The consistent growth in revenue and assets, alongside a high program spending ratio, suggests effective operational management, strong community support, and potentially a volunteer-driven fundraising model that minimizes overhead costs. The organization's focus on its core mission appears to resonate well with its stakeholders.
Filing History
IRS 990 filing history for Spirit Soccer Club Of Chester Co showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Spirit Soccer Club Of Chester Co's revenue has grown by 560.3%, moving from $961K to $6.3M. Total assets increased by 786.5% over the same period, from $681K to $6.0M. Total functional expenses rose by 599.1%, from $794K to $5.5M. In its most recent filing year (2023), Spirit Soccer Club Of Chester Co reported a surplus of $796K, with revenue exceeding expenses. The organization holds $2.6M in liabilities against $6.0M in assets (debt-to-asset ratio: 42.7%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.3M | $5.5M | $6.0M | $2.6M | — | — |
| 2022 | $5.2M | $4.8M | $4.5M | $2.1M | — | View 990 |
| 2021 | $4.2M | $4.0M | $3.7M | $1.4M | — | View 990 |
| 2020 | $2.7M | $2.8M | $2.8M | $894K | — | View 990 |
| 2019 | $2.1M | $2.1M | $1.9M | $5K | — | View 990 |
| 2018 | $3.7M | $3.8M | $2.5M | $488K | — | View 990 |
| 2017 | $3.3M | $3.1M | $2.6M | $612K | — | View 990 |
| 2016 | $2.5M | $2.5M | $1.8M | $7K | — | View 990 |
| 2015 | $2.2M | $2.1M | $1.3M | $39K | — | View 990 |
| 2014 | $1.7M | $1.6M | $1.2M | $5K | — | View 990 |
| 2013 | $1.3M | $1.3M | $1.0M | $5K | — | View 990 |
| 2012 | $980K | $766K | $989K | $3K | — | View 990 |
| 2011 | $1.0M | $896K | $799K | $26K | — | View 990 |
| 2010 | $961K | $794K | $681K | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.3M, expenses of $5.5M, and assets of $6.0M (revenue +22.5% year-over-year).
- 2022: Revenue of $5.2M, expenses of $4.8M, and assets of $4.5M (revenue +23.3% year-over-year).
- 2021: Revenue of $4.2M, expenses of $4.0M, and assets of $3.7M (revenue +57.4% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.8M, and assets of $2.8M (revenue +28.1% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.1M, and assets of $1.9M (revenue -44.4% year-over-year).
- 2018: Revenue of $3.7M, expenses of $3.8M, and assets of $2.5M (revenue +14.2% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.1M, and assets of $2.6M (revenue +32.5% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.5M, and assets of $1.8M (revenue +11.1% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.1M, and assets of $1.3M (revenue +28.1% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.6M, and assets of $1.2M (revenue +36.4% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $1.0M (revenue +30.1% year-over-year).
- 2012: Revenue of $980K, expenses of $766K, and assets of $989K (revenue -4.7% year-over-year).
- 2011: Revenue of $1.0M, expenses of $896K, and assets of $799K (revenue +7.0% year-over-year).
- 2010: Revenue of $961K, expenses of $794K, and assets of $681K.
Data Sources and Methodology
This transparency report for Spirit Soccer Club Of Chester Co 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.