Sport Club Portugues Inc
Sport Club Portugues Inc: Stable Finances, Limited Public Transparency
EIN: 221297756 · Newark, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $679K |
| Program Spending | 70% |
| Net Assets | $2.1M |
| Transparency Score | 65/100 |
Is Sport Club Portugues Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sport Club Portugues Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Sport Club Portugues Inc
Sport Club Portugues Inc (EIN: 221297756) is a nonprofit organization based in Newark, NJ. The organization reported total revenue of $1.0M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sport Club Portugues Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sport Club Portugues Inc is a mid-size nonprofit that has been operating for 77 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $739K |
| Total Expenses | $679K |
| Surplus / Deficit | +$60K |
| Total Assets | $2.2M |
| Total Liabilities | $48K |
| Net Assets | $2.1M |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 38.2 months |
Financial Health Grade: A
In 2023, Sport Club Portugues Inc reported a surplus of $60K with revenue exceeding expenses, holds 38.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Sport Club Portugues Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.5% | +13.6% | +2.2% |
| 2022 | +33.5% | +27.9% | +5.7% |
| 2021 | +67.1% | +31.1% | +10.1% |
| 2020 | -55.6% | -48.1% | -6.5% |
| 2019 | -8.8% | -24.5% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1949 |
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 Sport Club Portugues Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Sport Club Portugues Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $60K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.2%.
Executive Compensation Analysis
Executive compensation information is not explicitly detailed in the provided data, making a specific assessment challenging without further filings.
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 Sport Club Portugues Inc's IRS 990 filings:
- Lack of detailed program information and impact reporting makes it difficult to assess the effectiveness of their mission.
- Limited public transparency beyond basic financial filings.
Strengths
The following positive indicators were identified for Sport Club Portugues Inc:
- Consistent revenue generation over several years, with 2023 reporting $739,462.
- Healthy asset base, with total assets at $2,160,332 in 2023, indicating financial stability.
- Low liability levels, with liabilities at $47,950 in 2023, suggesting good financial management.
Frequently Asked Questions about Sport Club Portugues Inc
Is Sport Club Portugues Inc a legitimate charity?
Sport Club Portugues Inc (EIN: 221297756) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.0M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Sport Club Portugues Inc spend its money?
Sport Club Portugues Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Sport Club Portugues Inc tax-deductible?
Sport Club Portugues Inc is registered as a tax-exempt nonprofit (EIN: 221297756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sport Club Portugues Inc's spending goes to programs?
Sport Club Portugues Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Sport Club Portugues Inc located?
Sport Club Portugues Inc is headquartered in Newark, New Jersey and files with the IRS under EIN 221297756.
How many years of IRS 990 filings does Sport Club Portugues Inc have?
Sport Club Portugues Inc has 14 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 $1.0M in total revenue.
What does Sport Club Portugues Inc do?
Sport Club Portugues Inc is a nonprofit organization in the Unknown sector, located in Newark, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Sport Club Portugues Inc have?
Sport Club Portugues Inc reported total revenue of $1,048,242. Based on 14 IRS 990 filings on record.
What are Sport Club Portugues Inc's total assets?
Sport Club Portugues Inc holds total assets of $2,364,303 as reported in IRS 990 filings.
Where is Sport Club Portugues Inc located?
Sport Club Portugues Inc is based in Newark, New Jersey.
What is Sport Club Portugues Inc's EIN?
Sport Club Portugues Inc's Employer Identification Number (EIN) is 221297756. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Sport Club Portugues Inc?
Sport Club Portugues Inc is classified under NTEE code Unknown (Unknown).
Is Sport Club Portugues Inc a registered 501(c)(3)?
Sport Club Portugues Inc appears in IRS records (EIN: 221297756). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Sport Club Portugues Inc file IRS Form 990?
Yes, Sport Club Portugues Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Sport Club Portugues Inc's revenue in 2023?
In the 202312 filing period, Sport Club Portugues Inc reported total revenue of $739,462, total expenses of $679,061, and net assets of $2,160,332.
Is Sport Club Portugues Inc's revenue growing or declining?
Sport Club Portugues Inc's revenue is relatively stable. Revenue went from $774,070 (202212) to $739,462 (202312), a -4.5% change. Based on 14 filings on record.
What is Sport Club Portugues Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Sport Club Portugues Inc covers tax period 202312. It shows revenue of $739,462, expenses of $679,061, total assets of $2,160,332, and liabilities of $47,950.
How much does Sport Club Portugues Inc spend on programs vs administration?
Based on IRS 990 analysis, Sport Club Portugues Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Sport Club Portugues Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Sport Club Portugues Inc shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Sport Club Portugues Inc?
The following concerns were identified: Lack of detailed program information and impact reporting makes it difficult to assess the effectiveness of their mission.. Limited public transparency beyond basic financial filings.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Sport Club Portugues Inc's strengths?
Positive indicators for Sport Club Portugues Inc include: Consistent revenue generation over several years, with 2023 reporting $739,462.. Healthy asset base, with total assets at $2,160,332 in 2023, indicating financial stability.. Low liability levels, with liabilities at $47,950 in 2023, suggesting good financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Sport Club Portugues Inc compensate executives?
Executive compensation information is not explicitly detailed in the provided data, making a specific assessment challenging without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Sport Club Portugues Inc primarily generate its revenue, given the fluctuations in reported revenue over the years?
The provided data shows revenue fluctuations, for example, $739,462 in 2023 compared to $1,059,706 in 2017. Without more detailed financial statements, it's difficult to pinpoint the primary sources, but it suggests reliance on varied income streams that can fluctuate year-to-year.
What specific programs or activities does Sport Club Portugues Inc undertake to fulfill its mission, and how are these funded?
The provided data only offers financial aggregates (revenue, expenses, assets, liabilities). To understand specific programs and their funding, a deeper dive into their IRS Form 990 or other public disclosures would be necessary, as this information is not present in the given dataset.
Filing History
IRS 990 filing history for Sport Club Portugues Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Sport Club Portugues Inc's revenue has declined by 8.7%, moving from $810K to $739K. Total assets increased by 28.3% over the same period, from $1.7M to $2.2M. Total functional expenses fell by 3.1%, from $701K to $679K. In its most recent filing year (2023), Sport Club Portugues Inc reported a surplus of $60K, with revenue exceeding expenses. The organization holds $48K in liabilities against $2.2M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $739K | $679K | $2.2M | $48K | — | View 990 |
| 2022 | $774K | $598K | $2.1M | $44K | — | View 990 |
| 2021 | $580K | $468K | $2.0M | $119K | — | View 990 |
| 2020 | $347K | $357K | $1.8M | $160K | — | View 990 |
| 2019 | $781K | $686K | $1.9M | $258K | — | View 990 |
| 2018 | $856K | $908K | $1.9M | $246K | — | View 990 |
| 2017 | $1.1M | $964K | $2.0M | $284K | — | View 990 |
| 2016 | $851K | $786K | $1.8M | $268K | — | View 990 |
| 2015 | $783K | $722K | $1.8M | $329K | — | View 990 |
| 2014 | $823K | $720K | $1.8M | $371K | — | View 990 |
| 2013 | $729K | $736K | $1.7M | $338K | — | View 990 |
| 2012 | $672K | $648K | $1.7M | $347K | — | View 990 |
| 2011 | $841K | $682K | $1.8M | $393K | — | View 990 |
| 2010 | $810K | $701K | $1.7M | $419K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $739K, expenses of $679K, and assets of $2.2M (revenue -4.5% year-over-year).
- 2022: Revenue of $774K, expenses of $598K, and assets of $2.1M (revenue +33.5% year-over-year).
- 2021: Revenue of $580K, expenses of $468K, and assets of $2.0M (revenue +67.1% year-over-year).
- 2020: Revenue of $347K, expenses of $357K, and assets of $1.8M (revenue -55.6% year-over-year).
- 2019: Revenue of $781K, expenses of $686K, and assets of $1.9M (revenue -8.8% year-over-year).
- 2018: Revenue of $856K, expenses of $908K, and assets of $1.9M (revenue -19.2% year-over-year).
- 2017: Revenue of $1.1M, expenses of $964K, and assets of $2.0M (revenue +24.5% year-over-year).
- 2016: Revenue of $851K, expenses of $786K, and assets of $1.8M (revenue +8.6% year-over-year).
- 2015: Revenue of $783K, expenses of $722K, and assets of $1.8M (revenue -4.8% year-over-year).
- 2014: Revenue of $823K, expenses of $720K, and assets of $1.8M (revenue +12.9% year-over-year).
- 2013: Revenue of $729K, expenses of $736K, and assets of $1.7M (revenue +8.5% year-over-year).
- 2012: Revenue of $672K, expenses of $648K, and assets of $1.7M (revenue -20.1% year-over-year).
- 2011: Revenue of $841K, expenses of $682K, and assets of $1.8M (revenue +3.8% year-over-year).
- 2010: Revenue of $810K, expenses of $701K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sport Club Portugues Inc:
Data Sources and Methodology
This transparency report for Sport Club Portugues 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.