Thibodaux Soccer Association
Thibodaux Soccer Association experiences fluctuating financial performance with recent deficits, relying on volunteer leadership.
EIN: 204843837 · Thibodaux, LA · NTEE: N64 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $124K |
| Total Expenses | $134K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $11K |
| Transparency Score | 75/100 |
Is Thibodaux Soccer Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Thibodaux Soccer Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Thibodaux Soccer Association
Thibodaux Soccer Association (EIN: 204843837) is a nonprofit organization based in Thibodaux, LA, classified under NTEE code N64. The organization reported total revenue of $124K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thibodaux Soccer Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thibodaux Soccer Association is a small nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2013–2019). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $134K |
| Surplus / Deficit | $-10,330 |
| Total Assets | $22K |
| Total Liabilities | $12K |
| Net Assets | $11K |
| Operating Margin | -8.3% |
| Debt-to-Asset Ratio | 52.2% |
| Months of Reserves | 2.0 months |
Financial Health Grade: D
In 2019, Thibodaux Soccer Association reported a deficit of $10K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 52.2% (high leverage).
Financial Trends
Over 7 years of filings (2013–2019), Thibodaux Soccer Association's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +6.8% | +10.6% | -10.7% |
| 2018 | -7.2% | +4.4% | -20.7% |
| 2017 | +0.8% | +4.2% | +51.1% |
| 2016 | +65.4% | +20.8% | +262.6% |
| 2015 | -32.3% | +7.0% | -75.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Thibodaux Soccer Association with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Thibodaux Soccer Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 52.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with revenues around $100,000.
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.
Red Flags
The following concerns were identified during AI analysis of Thibodaux Soccer Association's IRS 990 filings:
- Expenses exceeded revenue in 3 out of 7 reported periods (201904, 201804, 201304), indicating potential financial instability.
- Liabilities increased significantly in the latest period (201904) to $11,603, up from $3,938 in 201804, which could be a concern if not managed.
Strengths
The following positive indicators were identified for Thibodaux Soccer Association:
- Consistent 0% officer compensation across all filings demonstrates a highly efficient, volunteer-driven leadership.
- Clear alignment between the organization's name, NTEE code (N64 - Soccer), and mission.
- Stable revenue generation generally above $100,000 annually, indicating consistent community support.
Frequently Asked Questions about Thibodaux Soccer Association
Is Thibodaux Soccer Association a legitimate charity?
Thibodaux Soccer Association (EIN: 204843837) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 75/100. It has 7 years of IRS 990 filings on record. Total revenue: $124K. 2 red flags identified. 3 strengths noted. Financial health grade: D.
How does Thibodaux Soccer Association spend its money?
Thibodaux Soccer Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Thibodaux Soccer Association tax-deductible?
Thibodaux Soccer Association is registered as a tax-exempt nonprofit (EIN: 204843837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Thibodaux Soccer Association CEO make?
Thibodaux Soccer Association's highest-compensated officer earns $100,000. annually. The organization reported $124K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Thibodaux Soccer Association's spending goes to programs?
Thibodaux Soccer Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Thibodaux Soccer Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), Thibodaux Soccer Association is above average for NTEE category N64 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Thibodaux Soccer Association located?
Thibodaux Soccer Association is headquartered in Thibodaux, Louisiana and files with the IRS under EIN 204843837. It is classified under NTEE code N64.
How many years of IRS 990 filings does Thibodaux Soccer Association have?
Thibodaux Soccer Association 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 $124K in total revenue.
How does Thibodaux Soccer Association cover its operational deficits, such as the $10,330 deficit in 201904?
The organization likely covers deficits through prior year surpluses, drawing down reserves, or through short-term liabilities, as seen with liabilities increasing to $11,603 in 201904.
What is the long-term strategy for financial stability given the recurring instances of expenses exceeding revenue?
The filings do not detail specific strategies, but consistent deficits could lead to asset depletion if not addressed through increased revenue or reduced expenses.
What percentage of total expenses is allocated directly to program services?
While specific program expense breakdowns aren't provided in the summary, the nature of a soccer association and the lack of officer compensation suggest a high proportion of expenses are program-related, estimated at 85%.
Filing History
IRS 990 filing history for Thibodaux Soccer Association showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2013–2019), Thibodaux Soccer Association's revenue has grown by 14.9%, moving from $108K to $124K. Total assets increased by 183.4% over the same period, from $8K to $22K. Total functional expenses rose by 13.1%, from $119K to $134K. In its most recent filing year (2019), Thibodaux Soccer Association reported a deficit of $10K, with expenses exceeding revenue. The organization holds $12K in liabilities against $22K in assets (debt-to-asset ratio: 52.2%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $124K | $134K | $22K | $12K | — | View 990 |
| 2018 | $116K | $122K | $25K | $4K | — | View 990 |
| 2017 | $125K | $116K | $31K | $5K | — | — |
| 2016 | $124K | $112K | $21K | $3K | — | View 990 |
| 2015 | $75K | $93K | $6K | $461 | — | View 990 |
| 2014 | $111K | $86K | $23K | $492 | — | View 990 |
| 2013 | $108K | $119K | $8K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $124K, expenses of $134K, and assets of $22K (revenue +6.8% year-over-year).
- 2018: Revenue of $116K, expenses of $122K, and assets of $25K (revenue -7.2% year-over-year).
- 2017: Revenue of $125K, expenses of $116K, and assets of $31K (revenue +0.8% year-over-year).
- 2016: Revenue of $124K, expenses of $112K, and assets of $21K (revenue +65.4% year-over-year).
- 2015: Revenue of $75K, expenses of $93K, and assets of $6K (revenue -32.3% year-over-year).
- 2014: Revenue of $111K, expenses of $86K, and assets of $23K (revenue +2.8% year-over-year).
- 2013: Revenue of $108K, expenses of $119K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thibodaux Soccer Association:
Data Sources and Methodology
This transparency report for Thibodaux Soccer Association 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.