Sports Plus Group Inc
Sports Plus Group Inc. consistently operates with a surplus and no liabilities, maintaining stable assets.
EIN: 204631768 · Gaithersburg, MD · NTEE: G84 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $135K |
| Total Expenses | $116K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $130,000. |
| Net Assets | $111K |
| Transparency Score | 88/100 |
Is Sports Plus Group Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sports Plus Group Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sports Plus Group Inc
Sports Plus Group Inc (EIN: 204631768) is a nonprofit organization based in Gaithersburg, MD, classified under NTEE code G84. The organization reported total revenue of $135K and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sports Plus Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sports Plus Group Inc is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $129K |
| Total Expenses | $116K |
| Surplus / Deficit | +$12K |
| Total Assets | $111K |
| Net Assets | $111K |
| Operating Margin | 9.7% |
| Months of Reserves | 11.5 months |
Financial Health Grade: A
In 2023, Sports Plus Group Inc reported a surplus of $12K with revenue exceeding expenses, holds 11.5 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Sports Plus Group Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.3% | +13.9% | +12.6% |
| 2022 | +33.9% | +36.1% | +9.7% |
| 2021 | +8.7% | -1.5% | +9.4% |
| 2020 | -50.9% | -53.0% | +-0.0% |
| 2019 | -3.8% | +12.8% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Sports Plus Group Inc with a Mission Score of 88 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, Sports Plus Group 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues around $130,000.
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 Sports Plus Group Inc:
- Consistent operating surpluses (e.g., $12,495 in 2023)
- Zero reported liabilities across all filing periods
- Healthy and growing net assets ($111,316 in 2023)
- 0% officer compensation reported, indicating high efficiency
- Consistent IRS 990 filing history (14 filings) demonstrating transparency
Frequently Asked Questions about Sports Plus Group Inc
Is Sports Plus Group Inc a legitimate charity?
Sports Plus Group Inc (EIN: 204631768) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 88/100. It has 14 years of IRS 990 filings on record. Total revenue: $135K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Sports Plus Group Inc spend its money?
Sports Plus Group Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Sports Plus Group Inc tax-deductible?
Sports Plus Group Inc is registered as a tax-exempt nonprofit (EIN: 204631768). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sports Plus Group Inc CEO make?
Sports Plus Group Inc's highest-compensated officer earns $130,000. annually. The organization reported $135K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sports Plus Group Inc's spending goes to programs?
Sports Plus Group Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sports Plus Group Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Sports Plus Group Inc is above average for NTEE category G84 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sports Plus Group Inc located?
Sports Plus Group Inc is headquartered in Gaithersburg, Maryland and files with the IRS under EIN 204631768. It is classified under NTEE code G84.
How many years of IRS 990 filings does Sports Plus Group Inc have?
Sports Plus Group 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 $135K in total revenue.
Is Sports Plus Group Inc. a good charity?
Based on its financial data, Sports Plus Group Inc. appears to be a well-managed charity. It consistently operates with a surplus, has no reported liabilities, and maintains a healthy asset base. The 0% officer compensation is a significant positive indicator of efficiency and dedication to its mission.
How has Sports Plus Group Inc.'s revenue trended over the last five years?
Sports Plus Group Inc.'s revenue has fluctuated over the last five years. It was $154,624 in 2019, dropped to $75,984 in 2020, and has since recovered to $128,561 in 2023, showing a general upward trend post-2020.
What is the organization's financial stability?
The organization demonstrates strong financial stability. It has consistently reported zero liabilities across all 14 filings and has grown its assets to $111,316 in 2023, up from $82,405 in 2020, indicating a healthy financial position.
Does Sports Plus Group Inc. spend efficiently?
Yes, the organization appears to spend efficiently. With 0% officer compensation and consistent operating surpluses (e.g., $12,495 in 2023), it manages its expenses well relative to its revenue, allowing for asset growth and mission delivery.
Filing History
IRS 990 filing history for Sports Plus Group Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Sports Plus Group Inc's revenue has declined by 6.5%, moving from $138K to $129K. Total assets increased by 112.6% over the same period, from $52K to $111K. Total functional expenses fell by 18.6%, from $143K to $116K. In its most recent filing year (2023), Sports Plus Group Inc reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $129K | $116K | $111K | $0 | — | View 990 |
| 2022 | $111K | $102K | $99K | $0 | — | View 990 |
| 2021 | $83K | $75K | $90K | $0 | — | — |
| 2020 | $76K | $76K | $82K | $0 | — | — |
| 2019 | $155K | $162K | $82K | $0 | — | View 990 |
| 2018 | $161K | $144K | $90K | $0 | — | View 990 |
| 2017 | $139K | $138K | $72K | $0 | — | View 990 |
| 2016 | $158K | $144K | $87K | $0 | — | View 990 |
| 2015 | $147K | $144K | $72K | $0 | — | View 990 |
| 2014 | $164K | $158K | $70K | $0 | — | View 990 |
| 2013 | $171K | $165K | $64K | $0 | — | View 990 |
| 2012 | $170K | $158K | $58K | $0 | — | View 990 |
| 2011 | $141K | $147K | $46K | $0 | — | View 990 |
| 2010 | $138K | $143K | $52K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $129K, expenses of $116K, and assets of $111K (revenue +16.3% year-over-year).
- 2022: Revenue of $111K, expenses of $102K, and assets of $99K (revenue +33.9% year-over-year).
- 2021: Revenue of $83K, expenses of $75K, and assets of $90K (revenue +8.7% year-over-year).
- 2020: Revenue of $76K, expenses of $76K, and assets of $82K (revenue -50.9% year-over-year).
- 2019: Revenue of $155K, expenses of $162K, and assets of $82K (revenue -3.8% year-over-year).
- 2018: Revenue of $161K, expenses of $144K, and assets of $90K (revenue +16.0% year-over-year).
- 2017: Revenue of $139K, expenses of $138K, and assets of $72K (revenue -12.5% year-over-year).
- 2016: Revenue of $158K, expenses of $144K, and assets of $87K (revenue +8.0% year-over-year).
- 2015: Revenue of $147K, expenses of $144K, and assets of $72K (revenue -10.6% year-over-year).
- 2014: Revenue of $164K, expenses of $158K, and assets of $70K (revenue -4.1% year-over-year).
- 2013: Revenue of $171K, expenses of $165K, and assets of $64K (revenue +0.7% year-over-year).
- 2012: Revenue of $170K, expenses of $158K, and assets of $58K (revenue +21.0% year-over-year).
- 2011: Revenue of $141K, expenses of $147K, and assets of $46K (revenue +2.2% year-over-year).
- 2010: Revenue of $138K, expenses of $143K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sports Plus Group Inc:
Data Sources and Methodology
This transparency report for Sports Plus Group 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.