Sports Industry Credit Association United States Inc
EIN: 815334090 · Burlington, VT
| Metric | Value |
|---|---|
| Total Revenue | $338K |
| Total Expenses | $272K |
| Net Assets | $-157,058 |
Is Sports Industry Credit Association United States Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sports Industry Credit Association United States Inc
Sports Industry Credit Association United States Inc (EIN: 815334090) is a nonprofit organization based in Burlington, VT. The organization reported total revenue of $338K and total assets of $126K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sports Industry Credit Association United States Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sports Industry Credit Association United States Inc is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $306K |
| Total Expenses | $272K |
| Surplus / Deficit | +$33K |
| Total Assets | $53K |
| Total Liabilities | $210K |
| Net Assets | $-157,058 |
| Operating Margin | 10.9% |
| Debt-to-Asset Ratio | 395.5% |
| Months of Reserves | 2.3 months |
Financial Health Grade: B
In 2023, Sports Industry Credit Association United States Inc reported a surplus of $33K with revenue exceeding expenses, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 395.5% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.0% | -4.9% | +2.5% |
| 2022 | +4.5% | +1.5% | +25.6% |
| 2021 | +3.3% | +5.9% | +58.2% |
| 2020 | +8.5% | +13.1% | -85.0% |
| 2019 | +34.7% | -37.7% | +592.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sports Industry Credit Association United States 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 Sports Industry Credit Association United States 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 395.5%.
Frequently Asked Questions about Sports Industry Credit Association United States Inc
Is Sports Industry Credit Association United States Inc a legitimate charity?
Sports Industry Credit Association United States Inc (EIN: 815334090) is a registered tax-exempt nonprofit based in Vermont. It has 7 years of IRS 990 filings on record. Total revenue: $338K. No red flags identified. Financial health grade: B.
How does Sports Industry Credit Association United States Inc spend its money?
Sports Industry Credit Association United States Inc reported $338K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sports Industry Credit Association United States Inc tax-deductible?
Sports Industry Credit Association United States Inc is registered as a tax-exempt nonprofit (EIN: 815334090). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sports Industry Credit Association United States Inc located?
Sports Industry Credit Association United States Inc is headquartered in Burlington, Vermont and files with the IRS under EIN 815334090.
How many years of IRS 990 filings does Sports Industry Credit Association United States Inc have?
Sports Industry Credit Association United States Inc has 7 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 $338K in total revenue.
Filing History
IRS 990 filing history for Sports Industry Credit Association United States Inc showing financial trends over 7 years of public records:
Total assets increased by 5315000% over the same period, from $1 to $53K. In its most recent filing year (2023), Sports Industry Credit Association United States Inc reported a surplus of $33K, with revenue exceeding expenses. The organization holds $210K in liabilities against $53K in assets (debt-to-asset ratio: 395.5%), resulting in net assets of $-157,058.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $306K | $272K | $53K | $210K | — | View 990 |
| 2022 | $288K | $286K | $52K | $254K | — | View 990 |
| 2021 | $276K | $282K | $41K | $245K | — | — |
| 2020 | $267K | $266K | $26K | $224K | — | — |
| 2019 | $246K | $236K | $174K | $372K | — | View 990 |
| 2018 | $183K | $378K | $25K | $235K | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $306K, expenses of $272K, and assets of $53K (revenue +6.0% year-over-year).
- 2022: Revenue of $288K, expenses of $286K, and assets of $52K (revenue +4.5% year-over-year).
- 2021: Revenue of $276K, expenses of $282K, and assets of $41K (revenue +3.3% year-over-year).
- 2020: Revenue of $267K, expenses of $266K, and assets of $26K (revenue +8.5% year-over-year).
- 2019: Revenue of $246K, expenses of $236K, and assets of $174K (revenue +34.7% year-over-year).
- 2018: Revenue of $183K, expenses of $378K, and assets of $25K.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sports Industry Credit Association United States Inc:
Data Sources and Methodology
This transparency report for Sports Industry Credit Association United States 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.