Springfield Area Soccer Assoc
EIN: 371258186 · Springfield, IL · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $929K |
| Net Assets | $304K |
Is Springfield Area Soccer Assoc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Springfield Area Soccer Assoc
Springfield Area Soccer Assoc (EIN: 371258186) is a nonprofit organization based in Springfield, IL, classified under NTEE code N60. The organization reported total revenue of $1.0M and total assets of $768K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Springfield Area Soccer Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Springfield Area Soccer Assoc is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $922K |
| Total Expenses | $929K |
| Surplus / Deficit | $-7,383 |
| Total Assets | $649K |
| Total Liabilities | $345K |
| Net Assets | $304K |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 53.1% |
| Months of Reserves | 8.4 months |
Financial Health Grade: C
In 2023, Springfield Area Soccer Assoc reported a deficit of $7K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 53.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Springfield Area Soccer Assoc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.0% | +4.2% | +15.9% |
| 2022 | +14.2% | +31.9% | +33.1% |
| 2021 | +62.7% | +38.1% | +74.7% |
| 2020 | -35.6% | -33.0% | -2.6% |
| 2019 | +31.8% | +11.4% | +9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Springfield Area Soccer Assoc 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 Springfield Area Soccer Assoc 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 deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 53.1%.
Frequently Asked Questions about Springfield Area Soccer Assoc
Is Springfield Area Soccer Assoc a legitimate charity?
Springfield Area Soccer Assoc (EIN: 371258186) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: C.
How does Springfield Area Soccer Assoc spend its money?
Springfield Area Soccer Assoc reported $1.0M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Springfield Area Soccer Assoc tax-deductible?
Springfield Area Soccer Assoc is registered as a tax-exempt nonprofit (EIN: 371258186). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Springfield Area Soccer Assoc located?
Springfield Area Soccer Assoc is headquartered in Springfield, Illinois and files with the IRS under EIN 371258186. It is classified under NTEE code N60.
How many years of IRS 990 filings does Springfield Area Soccer Assoc have?
Springfield Area Soccer Assoc 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Springfield Area Soccer Assoc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Springfield Area Soccer Assoc's revenue has grown by 245%, moving from $267K to $922K. Total assets increased by 388.9% over the same period, from $133K to $649K. Total functional expenses rose by 348.5%, from $207K to $929K. In its most recent filing year (2023), Springfield Area Soccer Assoc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $345K in liabilities against $649K in assets (debt-to-asset ratio: 53.1%), resulting in net assets of $304K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $922K | $929K | $649K | $345K | — | — |
| 2022 | $941K | $892K | $560K | $248K | — | View 990 |
| 2021 | $824K | $676K | $421K | $158K | — | View 990 |
| 2020 | $506K | $490K | $241K | $126K | — | — |
| 2019 | $786K | $731K | $247K | $149K | — | View 990 |
| 2018 | $596K | $656K | $226K | $183K | — | View 990 |
| 2017 | $486K | $497K | $195K | $0 | — | — |
| 2016 | $449K | $417K | $206K | $0 | — | View 990 |
| 2015 | $299K | $301K | $161K | $0 | — | View 990 |
| 2014 | $342K | $337K | $163K | $0 | — | View 990 |
| 2013 | $334K | $308K | $160K | $1K | — | View 990 |
| 2012 | $194K | $194K | $133K | $0 | — | View 990 |
| 2011 | $267K | $207K | $133K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $922K, expenses of $929K, and assets of $649K (revenue -2.0% year-over-year).
- 2022: Revenue of $941K, expenses of $892K, and assets of $560K (revenue +14.2% year-over-year).
- 2021: Revenue of $824K, expenses of $676K, and assets of $421K (revenue +62.7% year-over-year).
- 2020: Revenue of $506K, expenses of $490K, and assets of $241K (revenue -35.6% year-over-year).
- 2019: Revenue of $786K, expenses of $731K, and assets of $247K (revenue +31.8% year-over-year).
- 2018: Revenue of $596K, expenses of $656K, and assets of $226K (revenue +22.7% year-over-year).
- 2017: Revenue of $486K, expenses of $497K, and assets of $195K (revenue +8.4% year-over-year).
- 2016: Revenue of $449K, expenses of $417K, and assets of $206K (revenue +50.2% year-over-year).
- 2015: Revenue of $299K, expenses of $301K, and assets of $161K (revenue -12.5% year-over-year).
- 2014: Revenue of $342K, expenses of $337K, and assets of $163K (revenue +2.2% year-over-year).
- 2013: Revenue of $334K, expenses of $308K, and assets of $160K (revenue +72.1% year-over-year).
- 2012: Revenue of $194K, expenses of $194K, and assets of $133K (revenue -27.4% year-over-year).
- 2011: Revenue of $267K, expenses of $207K, and assets of $133K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Springfield Area Soccer Assoc:
Data Sources and Methodology
This transparency report for Springfield Area Soccer Assoc 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.