Take The Field Inc
Take The Field Inc. faces significant financial instability with highly volatile revenue and consistent operating deficits in recent years.
EIN: 134099560 · Norfolk, CT · NTEE: N30 · Updated: 2026-03-28
Is Take The Field Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Take The Field Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Take The Field Inc
Take The Field Inc (EIN: 134099560) is a nonprofit organization based in Norfolk, CT, classified under NTEE code N30. The organization reported total revenue of $75K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Take The Field Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Take The Field Inc is a micro nonprofit that has been operating for 26 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -24.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10 |
| Total Expenses | $62K |
| Surplus / Deficit | $-61,623 |
| Total Assets | $20K |
| Total Liabilities | $1 |
| Net Assets | $20K |
| Operating Margin | -616230.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.9 months |
Financial Health Grade: B
In 2023, Take The Field Inc reported a deficit of $62K with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Take The Field Inc's revenue has declined at a compound annual growth rate (CAGR) of -24.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -3.8% | -75.3% |
| 2022 | +99.9% | -4.9% | +78.5% |
| 2021 | -33.3% | +2.5% | -27.4% |
| 2020 | +0.0% | +2.1% | +28.0% |
| 2015 | +47.8% | -3.5% | +27.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Take The Field Inc 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, Take The Field Inc 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 $62K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
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-salary means, which is highly efficient for an organization of this size.
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 Take The Field Inc's IRS 990 filings:
- Extreme revenue volatility, particularly the drop to $10 in 2023.
- Consistent operating deficits where expenses frequently exceed revenue.
- Significant decline in assets from $81,786 in 2022 to $20,163 in 2023.
- Lack of detailed expense breakdown to assess program efficiency accurately.
Strengths
The following positive indicators were identified for Take The Field Inc:
- Consistently reports 0% officer compensation, indicating efficient use of funds at the executive level.
- Maintains very low liabilities across all reported periods, suggesting good debt management.
- Long filing history (9 filings) indicates sustained operation over time.
Frequently Asked Questions about Take The Field Inc
Is Take The Field Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Take The Field Inc (EIN: 134099560) some concerns. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.
How does Take The Field Inc spend its money?
Take The Field Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Take The Field Inc tax-deductible?
Take The Field Inc is registered as a tax-exempt nonprofit (EIN: 134099560). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did Take The Field Inc.'s revenue drop from $100,012 in 2022 to $10 in 2023?
The drastic decline in revenue from $100,012 in 2022 to $10 in 2023 is a critical concern that would require further investigation into the organization's funding sources and operational activities for that specific period. It suggests a potential cessation of major funding or a significant change in operations.
How does Take The Field Inc. cover its expenses when revenue is consistently lower?
The organization appears to cover expenses through a combination of prior year surpluses (as seen in asset fluctuations) and potentially drawing down reserves. For example, in 2023, with $10 revenue and $61,633 expenses, the deficit would have been covered by existing assets or other unrecorded income.
What are the specific program activities of Take The Field Inc.?
Based on the NTEE code N30 (Sports, Recreation, Athletics, Camps), Take The Field Inc. likely engages in activities related to sports, recreation, or athletic programs. However, the provided financial data does not detail specific program expenditures.
Filing History
IRS 990 filing history for Take The Field Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Take The Field Inc's revenue has declined by 96.8%, moving from $310 to $10. Total assets decreased by 68.9% over the same period, from $65K to $20K. Total functional expenses fell by 43.5%, from $109K to $62K. In its most recent filing year (2023), Take The Field Inc reported a deficit of $62K, with expenses exceeding revenue. The organization holds $1 in liabilities against $20K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $20K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10 | $62K | $20K | $1 | — | View 990 |
| 2022 | $100K | $64K | $82K | $1 | — | View 990 |
| 2021 | $50K | $67K | $46K | $1 | — | View 990 |
| 2020 | $75K | $66K | $63K | $1 | — | — |
| 2015 | $75K | $64K | $49K | $0 | — | View 990 |
| 2014 | $51K | $67K | $39K | $0 | — | View 990 |
| 2013 | $75K | $80K | $55K | $0 | — | View 990 |
| 2012 | $78K | $84K | $59K | $0 | — | View 990 |
| 2011 | $310 | $109K | $65K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10, expenses of $62K, and assets of $20K (revenue -100.0% year-over-year).
- 2022: Revenue of $100K, expenses of $64K, and assets of $82K (revenue +99.9% year-over-year).
- 2021: Revenue of $50K, expenses of $67K, and assets of $46K (revenue -33.3% year-over-year).
- 2020: Revenue of $75K, expenses of $66K, and assets of $63K (revenue +0.0% year-over-year).
- 2015: Revenue of $75K, expenses of $64K, and assets of $49K (revenue +47.8% year-over-year).
- 2014: Revenue of $51K, expenses of $67K, and assets of $39K (revenue -32.4% year-over-year).
- 2013: Revenue of $75K, expenses of $80K, and assets of $55K (revenue -3.9% year-over-year).
- 2012: Revenue of $78K, expenses of $84K, and assets of $59K (revenue +25072.6% year-over-year).
- 2011: Revenue of $310, expenses of $109K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Take The Field Inc:
Data Sources and Methodology
This transparency report for Take The Field 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.