Toms River American Soccer Club Inc T A Toms River Soccer Association
Toms River Soccer Association: Revenue Growth Amidst Spending Shifts
EIN: 222138095 · Toms River, NJ · Updated: 2026-04-04
Is Toms River American Soccer Club Inc T A Toms River Soccer Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Toms River American Soccer Club Inc T A Toms River Soccer Association directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Toms River American Soccer Club Inc T A Toms River Soccer Association
Toms River American Soccer Club Inc T A Toms River Soccer Association (EIN: 222138095) is a nonprofit organization based in Toms River, NJ. The organization reported total revenue of $672K and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Toms River American Soccer Club Inc T A Toms River Soccer Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Toms River American Soccer Club Inc T A Toms River 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Toms River American Soccer Club Inc T A Toms River Soccer Association allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, indicating it is likely below the IRS reporting threshold or not applicable.
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 Toms River American Soccer Club Inc T A Toms River Soccer Association's IRS 990 filings:
- Administrative expenses increased significantly from $47,936 in 2023 to $49,877 in 2023, while total expenses decreased from $440,539 in 2022 to $498,777 in 2023.
- The organization experienced a net loss in 2022 ($288,040 revenue vs. $440,539 expenses) and 2021 ($301,741 revenue vs. $309,813 expenses).
Strengths
The following positive indicators were identified for Toms River American Soccer Club Inc T A Toms River Soccer Association:
- Significant revenue growth from $288,040 in 2022 to $671,859 in 2023, indicating increased community support or program expansion.
- Consistent asset base over several years, suggesting financial stability.
- Low liability-to-asset ratio, indicating a healthy financial position.
Frequently Asked Questions about Toms River American Soccer Club Inc T A Toms River Soccer Association
Is Toms River American Soccer Club Inc T A Toms River Soccer Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Toms River American Soccer Club Inc T A Toms River Soccer Association (EIN: 222138095) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Toms River American Soccer Club Inc T A Toms River Soccer Association spend its money?
Toms River American Soccer Club Inc T A Toms River Soccer Association directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Toms River American Soccer Club Inc T A Toms River Soccer Association tax-deductible?
Toms River American Soccer Club Inc T A Toms River Soccer Association is registered as a tax-exempt nonprofit (EIN: 222138095). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Toms River American Soccer Club Inc T A Toms River Soccer Association do?
Toms River American Soccer Club Inc T A Toms River Soccer Association is a nonprofit organization in the Unknown sector, located in Toms River, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Toms River American Soccer Club Inc T A Toms River Soccer Association have?
Toms River American Soccer Club Inc T A Toms River Soccer Association reported total revenue of $671,859. Based on 12 IRS 990 filings on record.
What are Toms River American Soccer Club Inc T A Toms River Soccer Association's total assets?
Toms River American Soccer Club Inc T A Toms River Soccer Association holds total assets of $152,694 as reported in IRS 990 filings.
Where is Toms River American Soccer Club Inc T A Toms River Soccer Association located?
Toms River American Soccer Club Inc T A Toms River Soccer Association is based in Toms River, New Jersey.
What is Toms River American Soccer Club Inc T A Toms River Soccer Association's EIN?
Toms River American Soccer Club Inc T A Toms River Soccer Association's Employer Identification Number (EIN) is 222138095. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Toms River American Soccer Club Inc T A Toms River Soccer Association?
Toms River American Soccer Club Inc T A Toms River Soccer Association is classified under NTEE code Unknown (Unknown).
Is Toms River American Soccer Club Inc T A Toms River Soccer Association a registered 501(c)(3)?
Toms River American Soccer Club Inc T A Toms River Soccer Association appears in IRS records (EIN: 222138095). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Toms River American Soccer Club Inc T A Toms River Soccer Association file IRS Form 990?
Yes, Toms River American Soccer Club Inc T A Toms River Soccer Association has 12 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Toms River American Soccer Club Inc T A Toms River Soccer Association's revenue in 2023?
In the 202308 filing period, Toms River American Soccer Club Inc T A Toms River Soccer Association reported total revenue of $539,299, total expenses of $498,777, and net assets of $479,362.
Is Toms River American Soccer Club Inc T A Toms River Soccer Association's revenue growing or declining?
Toms River American Soccer Club Inc T A Toms River Soccer Association's revenue is growing. Revenue went from $288,040 (202208) to $539,299 (202308), a +87.2% change. Based on 12 filings on record.
What is Toms River American Soccer Club Inc T A Toms River Soccer Association's most recent 990 filing?
The most recent IRS Form 990 filing for Toms River American Soccer Club Inc T A Toms River Soccer Association covers tax period 202308. It shows revenue of $539,299, expenses of $498,777, total assets of $479,362, and liabilities of $395,290.
How much does Toms River American Soccer Club Inc T A Toms River Soccer Association spend on programs vs administration?
Based on IRS 990 analysis, Toms River American Soccer Club Inc T A Toms River Soccer Association allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Toms River American Soccer Club Inc T A Toms River Soccer Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Toms River American Soccer Club Inc T A Toms River Soccer Association appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Toms River American Soccer Club Inc T A Toms River Soccer Association?
The following concerns were identified: Administrative expenses increased significantly from $47,936 in 2023 to $49,877 in 2023, while total expenses decreased from $440,539 in 2022 to $498,777 in 2023.. The organization experienced a net loss in 2022 ($288,040 revenue vs. $440,539 expenses) and 2021 ($301,741 revenue vs. $309,813 expenses).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Toms River American Soccer Club Inc T A Toms River Soccer Association's strengths?
Positive indicators for Toms River American Soccer Club Inc T A Toms River Soccer Association include: Significant revenue growth from $288,040 in 2022 to $671,859 in 2023, indicating increased community support or program expansion.. Consistent asset base over several years, suggesting financial stability.. Low liability-to-asset ratio, indicating a healthy financial position.. These findings are derived from AI analysis of the organization's financial filings.
How does Toms River American Soccer Club Inc T A Toms River Soccer Association compensate executives?
Executive compensation is not reported in the provided data, indicating it is likely below the IRS reporting threshold or not applicable. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the substantial revenue increase from $288,040 in 2022 to $671,859 in 2023?
The provided data does not specify the exact reasons for the revenue surge, but it could be attributed to increased participation, successful fundraising campaigns, or new program offerings.
How does the organization manage its administrative and fundraising costs to maintain a high program spending percentage?
While specific details are not available, the organization appears to keep a relatively stable administrative and fundraising expenditure, allowing a significant portion of its budget to be allocated to programs, even with fluctuating revenues.
Filing History
IRS 990 filing history for Toms River American Soccer Club Inc T A Toms River Soccer Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Toms River American Soccer Club Inc T A Toms River Soccer Association's revenue has grown by 167.3%, moving from $202K to $539K. Total assets decreased by 4.9% over the same period, from $504K to $479K. Total functional expenses rose by 96.1%, from $254K to $499K. In its most recent filing year (2023), Toms River American Soccer Club Inc T A Toms River Soccer Association reported a surplus of $41K, with revenue exceeding expenses. The organization holds $395K in liabilities against $479K in assets (debt-to-asset ratio: 82.5%), resulting in net assets of $84K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $539K | $499K | $479K | $395K | — | View 990 |
| 2022 | $288K | $441K | $330K | $286K | — | View 990 |
| 2021 | $302K | $310K | $444K | $248K | — | View 990 |
| 2020 | $302K | $259K | $290K | $86K | — | View 990 |
| 2019 | $279K | $331K | $445K | $284K | — | View 990 |
| 2018 | $341K | $334K | $466K | $253K | — | — |
| 2017 | $311K | $380K | $480K | $274K | — | View 990 |
| 2016 | $349K | $341K | $490K | $216K | — | View 990 |
| 2015 | $370K | $362K | $499K | $233K | — | View 990 |
| 2014 | $381K | $308K | $541K | $282K | — | View 990 |
| 2013 | $300K | $303K | $506K | $320K | — | View 990 |
| 2011 | $202K | $254K | $504K | $335K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $539K, expenses of $499K, and assets of $479K (revenue +87.2% year-over-year).
- 2022: Revenue of $288K, expenses of $441K, and assets of $330K (revenue -4.5% year-over-year).
- 2021: Revenue of $302K, expenses of $310K, and assets of $444K (revenue -0.2% year-over-year).
- 2020: Revenue of $302K, expenses of $259K, and assets of $290K (revenue +8.3% year-over-year).
- 2019: Revenue of $279K, expenses of $331K, and assets of $445K (revenue -18.2% year-over-year).
- 2018: Revenue of $341K, expenses of $334K, and assets of $466K (revenue +9.7% year-over-year).
- 2017: Revenue of $311K, expenses of $380K, and assets of $480K (revenue -10.9% year-over-year).
- 2016: Revenue of $349K, expenses of $341K, and assets of $490K (revenue -5.5% year-over-year).
- 2015: Revenue of $370K, expenses of $362K, and assets of $499K (revenue -3.0% year-over-year).
- 2014: Revenue of $381K, expenses of $308K, and assets of $541K (revenue +27.1% year-over-year).
- 2013: Revenue of $300K, expenses of $303K, and assets of $506K (revenue +48.5% year-over-year).
- 2011: Revenue of $202K, expenses of $254K, and assets of $504K.
Data Sources and Methodology
This transparency report for Toms River American Soccer Club Inc T A Toms River 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.