Sports Quest
Sports Quest consistently operates at a deficit, drawing down assets to cover expenses.
EIN: 205821743 · Holland, MI · NTEE: N31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $179K |
| Total Expenses | $248K |
| Program Spending | 70% |
| Net Assets | $2.7M |
| Transparency Score | 55/100 |
Is Sports Quest Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sports Quest directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Sports Quest
Sports Quest (EIN: 205821743) is a nonprofit organization based in Holland, MI, classified under NTEE code N31. The organization reported total revenue of $179K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sports Quest's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sports Quest is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $179K |
| Total Expenses | $248K |
| Surplus / Deficit | $-68,888 |
| Total Assets | $2.7M |
| Net Assets | $2.7M |
| Operating Margin | -38.5% |
| Months of Reserves | 131.4 months |
Financial Health Grade: C
In 2023, Sports Quest reported a deficit of $69K with expenses exceeding revenue, holds 131.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Sports Quest's revenue has declined at a compound annual growth rate (CAGR) of -11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.3% | +19.6% | -2.5% |
| 2022 | +2.8% | +3.1% | -2.1% |
| 2021 | +78.2% | +19.0% | -1.9% |
| 2020 | -19.2% | -10.3% | -3.0% |
| 2019 | +22.0% | +30.7% | -3.3% |
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 Quest with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Sports Quest allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. 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 deficit of $69K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation has been reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is a positive sign for resource allocation.
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 Sports Quest's IRS 990 filings:
- Consistent operational deficits (expenses exceed revenue in all reported periods, e.g., $247,613 expenses vs. $178,725 revenue in 2023).
- Declining asset base over the past decade (from $3,429,732 in 2014 to $2,710,932 in 2023).
- Reliance on existing assets to cover ongoing expenses, indicating an unsustainable financial model.
Strengths
The following positive indicators were identified for Sports Quest:
- Consistent IRS 990 filing history, demonstrating transparency.
- No reported officer compensation across all filings, indicating efficient use of funds at the executive level.
Frequently Asked Questions about Sports Quest
Is Sports Quest a legitimate charity?
Based on AI analysis of IRS 990 filings, Sports Quest (EIN: 205821743) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Sports Quest spend its money?
Sports Quest directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sports Quest tax-deductible?
Sports Quest is registered as a tax-exempt nonprofit (EIN: 205821743). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sports Quest's spending goes to programs?
Sports Quest directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Sports Quest compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Sports Quest is near average for NTEE category N31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sports Quest located?
Sports Quest is headquartered in Holland, Michigan and files with the IRS under EIN 205821743. It is classified under NTEE code N31.
How many years of IRS 990 filings does Sports Quest have?
Sports Quest has 13 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 $179K in total revenue.
How does Sports Quest cover its consistent operational deficits?
Sports Quest appears to cover its operational deficits by drawing down its assets, which have decreased from $3,429,732 in 2014 to $2,710,932 in 2023, while expenses consistently exceed revenue (e.g., $247,613 expenses vs. $178,725 revenue in 2023).
What is the long-term financial outlook for Sports Quest given its declining assets?
The long-term financial outlook is concerning as the organization's assets have steadily declined over the past decade. Without a shift to positive net income, the organization risks depleting its reserves, which could jeopardize its ability to sustain operations.
Does Sports Quest have a fundraising strategy to increase revenue?
The consistent revenue levels, despite increasing expenses in some years, suggest that current fundraising efforts may not be sufficient to cover operational costs. A detailed review of their fundraising strategy would be necessary to assess its effectiveness.
Filing History
IRS 990 filing history for Sports Quest showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sports Quest's revenue has declined by 77.6%, moving from $797K to $179K. Total assets decreased by 22.4% over the same period, from $3.5M to $2.7M. Total functional expenses rose by 69.9%, from $146K to $248K. In its most recent filing year (2023), Sports Quest reported a deficit of $69K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $179K | $248K | $2.7M | $-474 | — | View 990 |
| 2022 | $149K | $207K | $2.8M | $0 | — | — |
| 2021 | $145K | $201K | $2.8M | $0 | — | View 990 |
| 2020 | $81K | $169K | $2.9M | $-624 | — | View 990 |
| 2019 | $100K | $188K | $3.0M | $0 | — | View 990 |
| 2018 | $82K | $144K | $3.1M | $15K | — | View 990 |
| 2017 | $46K | $147K | $3.1M | $15K | — | View 990 |
| 2016 | $71K | $152K | $3.2M | $15K | — | View 990 |
| 2015 | $48K | $150K | $3.3M | $15K | — | View 990 |
| 2014 | $128K | $172K | $3.4M | $15K | — | View 990 |
| 2013 | $77K | $165K | $3.5M | $15K | — | View 990 |
| 2012 | $212K | $158K | $3.6M | $15K | — | View 990 |
| 2011 | $797K | $146K | $3.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $179K, expenses of $248K, and assets of $2.7M (revenue +20.3% year-over-year).
- 2022: Revenue of $149K, expenses of $207K, and assets of $2.8M (revenue +2.8% year-over-year).
- 2021: Revenue of $145K, expenses of $201K, and assets of $2.8M (revenue +78.2% year-over-year).
- 2020: Revenue of $81K, expenses of $169K, and assets of $2.9M (revenue -19.2% year-over-year).
- 2019: Revenue of $100K, expenses of $188K, and assets of $3.0M (revenue +22.0% year-over-year).
- 2018: Revenue of $82K, expenses of $144K, and assets of $3.1M (revenue +78.4% year-over-year).
- 2017: Revenue of $46K, expenses of $147K, and assets of $3.1M (revenue -34.9% year-over-year).
- 2016: Revenue of $71K, expenses of $152K, and assets of $3.2M (revenue +46.8% year-over-year).
- 2015: Revenue of $48K, expenses of $150K, and assets of $3.3M (revenue -62.3% year-over-year).
- 2014: Revenue of $128K, expenses of $172K, and assets of $3.4M (revenue +67.3% year-over-year).
- 2013: Revenue of $77K, expenses of $165K, and assets of $3.5M (revenue -63.9% year-over-year).
- 2012: Revenue of $212K, expenses of $158K, and assets of $3.6M (revenue -73.4% year-over-year).
- 2011: Revenue of $797K, expenses of $146K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sports Quest:
Data Sources and Methodology
This transparency report for Sports Quest 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.