Tolland Soccer Club
EIN: 61218652 · Tolland, CT · NTEE: N64
Is Tolland Soccer Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tolland Soccer Club
Tolland Soccer Club (EIN: 61218652) is a nonprofit organization based in Tolland, CT, classified under NTEE code N64. The organization reported total revenue of $162K and total assets of $250K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tolland Soccer Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tolland Soccer Club is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $150K |
| Surplus / Deficit | $-2,935 |
| Total Assets | $227K |
| Total Liabilities | $81K |
| Net Assets | $146K |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 35.6% |
| Months of Reserves | 18.1 months |
Financial Health Grade: B
In 2024, Tolland Soccer Club reported a deficit of $3K with expenses exceeding revenue, holds 18.1 months of operating reserves (strong position), has a debt-to-asset ratio of 35.6% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Tolland Soccer Club's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.3% | +1.6% | +4.2% |
| 2023 | +3.7% | +8.1% | +2.2% |
| 2022 | +44.2% | +25.6% | +4.7% |
| 2021 | +11.9% | +12.5% | -9.8% |
| 2020 | -36.5% | -5.5% | +11.4% |
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 Analysis Pending
AI enrichment for Tolland Soccer Club 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 Tolland Soccer Club 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 35.6%.
Frequently Asked Questions about Tolland Soccer Club
Is Tolland Soccer Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Tolland Soccer Club (EIN: 61218652) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tolland Soccer Club spend its money?
Detailed spending breakdown data is not yet available for Tolland Soccer Club. Check back for updated IRS 990 analysis.
Are donations to Tolland Soccer Club tax-deductible?
Tolland Soccer Club is registered as a tax-exempt nonprofit (EIN: 61218652). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Tolland Soccer Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Tolland Soccer Club's revenue has declined by 11.9%, moving from $167K to $147K. Total assets increased by 86.8% over the same period, from $122K to $227K. Total functional expenses fell by 3.5%, from $156K to $150K. In its most recent filing year (2024), Tolland Soccer Club reported a deficit of $3K, with expenses exceeding revenue. The organization holds $81K in liabilities against $227K in assets (debt-to-asset ratio: 35.6%), resulting in net assets of $146K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $147K | $150K | $227K | $81K | — | — |
| 2023 | $151K | $148K | $218K | $69K | — | View 990 |
| 2022 | $145K | $137K | $213K | $67K | — | View 990 |
| 2021 | $101K | $109K | $204K | $66K | — | — |
| 2020 | $90K | $97K | $226K | $80K | — | View 990 |
| 2019 | $142K | $103K | $203K | $50K | — | View 990 |
| 2018 | $120K | $108K | $164K | $50K | — | — |
| 2017 | $135K | $107K | $157K | $55K | — | View 990 |
| 2016 | $118K | $119K | $135K | $61K | — | View 990 |
| 2015 | $112K | $103K | $128K | $54K | — | View 990 |
| 2014 | $135K | $131K | $93K | $27K | — | View 990 |
| 2013 | $114K | $114K | $118K | $57K | — | View 990 |
| 2012 | $130K | $129K | $123K | $62K | — | View 990 |
| 2011 | $167K | $156K | $122K | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $147K, expenses of $150K, and assets of $227K (revenue -2.3% year-over-year).
- 2023: Revenue of $151K, expenses of $148K, and assets of $218K (revenue +3.7% year-over-year).
- 2022: Revenue of $145K, expenses of $137K, and assets of $213K (revenue +44.2% year-over-year).
- 2021: Revenue of $101K, expenses of $109K, and assets of $204K (revenue +11.9% year-over-year).
- 2020: Revenue of $90K, expenses of $97K, and assets of $226K (revenue -36.5% year-over-year).
- 2019: Revenue of $142K, expenses of $103K, and assets of $203K (revenue +18.2% year-over-year).
- 2018: Revenue of $120K, expenses of $108K, and assets of $164K (revenue -11.2% year-over-year).
- 2017: Revenue of $135K, expenses of $107K, and assets of $157K (revenue +14.1% year-over-year).
- 2016: Revenue of $118K, expenses of $119K, and assets of $135K (revenue +5.7% year-over-year).
- 2015: Revenue of $112K, expenses of $103K, and assets of $128K (revenue -17.0% year-over-year).
- 2014: Revenue of $135K, expenses of $131K, and assets of $93K (revenue +18.5% year-over-year).
- 2013: Revenue of $114K, expenses of $114K, and assets of $118K (revenue -12.4% year-over-year).
- 2012: Revenue of $130K, expenses of $129K, and assets of $123K (revenue -22.3% year-over-year).
- 2011: Revenue of $167K, expenses of $156K, and assets of $122K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tolland Soccer Club:
Data Sources and Methodology
This transparency report for Tolland Soccer Club 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.