Trumbull United Soccer Club Inc
Trumbull United Soccer Club Inc: Balanced Spending with Room for Improvement
EIN: 223202907 · Trumbull, CT · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $516K |
| Total Expenses | $407K |
| Program Spending | 55% |
| Net Assets | $13K |
| Transparency Score | 75/100 |
Is Trumbull United Soccer Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trumbull United Soccer Club Inc directs 55% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Trumbull United Soccer Club Inc
Trumbull United Soccer Club Inc (EIN: 223202907) is a nonprofit organization based in Trumbull, CT. The organization reported total revenue of $516K and total assets of $313K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trumbull United Soccer Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trumbull United Soccer Club Inc is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $389K |
| Total Expenses | $407K |
| Surplus / Deficit | $-17,897 |
| Total Assets | $217K |
| Total Liabilities | $204K |
| Net Assets | $13K |
| Operating Margin | -4.6% |
| Debt-to-Asset Ratio | 94.0% |
| Months of Reserves | 6.4 months |
Financial Health Grade: C
In 2023, Trumbull United Soccer Club Inc reported a deficit of $18K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 94.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trumbull United Soccer Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.1% | -7.5% | +23.8% |
| 2022 | -10.6% | +32.4% | -33.5% |
| 2021 | +45.4% | +14.1% | +117.7% |
| 2020 | -38.7% | -27.6% | -47.3% |
| 2019 | +3.4% | -4.9% | +15.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Trumbull United Soccer Club Inc 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: 20%
- programs: 55%
- fundraising: 25%
According to IRS 990 filings, Trumbull United Soccer Club Inc allocates its expenses as follows: admin: 20%, programs: 55%, fundraising: 25%. Approximately 55% 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 $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 94.0%.
Executive Compensation Analysis
Executive compensation remains at zero, indicating a commitment to nonprofit principles.
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 Trumbull United Soccer Club Inc's IRS 990 filings:
- The fundraising percentage has increased, which could indicate a shift in strategy or external challenges.
- The program expenses are relatively high, suggesting a strong focus on soccer development but leaving less room for other initiatives.
- Administrative costs are low, which is positive but may limit the organization's ability to invest in infrastructure or technology.
Strengths
The following positive indicators were identified for Trumbull United Soccer Club Inc:
- The organization maintains a strong focus on its core mission of soccer development.
Frequently Asked Questions about Trumbull United Soccer Club Inc
Is Trumbull United Soccer Club Inc a legitimate charity?
Trumbull United Soccer Club Inc (EIN: 223202907) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $516K. 3 red flags identified. 1 strength noted. Financial health grade: C.
How does Trumbull United Soccer Club Inc spend its money?
Trumbull United Soccer Club Inc directs 55% of its spending to programs and services. Fundraising costs 25%. This falls below the 65% benchmark.
Are donations to Trumbull United Soccer Club Inc tax-deductible?
Trumbull United Soccer Club Inc is registered as a tax-exempt nonprofit (EIN: 223202907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trumbull United Soccer Club Inc's spending goes to programs?
Trumbull United Soccer Club Inc directs 55% to programs, 25% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Trumbull United Soccer Club Inc located?
Trumbull United Soccer Club Inc is headquartered in Trumbull, Connecticut and files with the IRS under EIN 223202907.
How many years of IRS 990 filings does Trumbull United Soccer Club Inc have?
Trumbull United Soccer Club Inc 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 $516K in total revenue.
What does Trumbull United Soccer Club Inc do?
Trumbull United Soccer Club Inc is a nonprofit organization in the Unknown sector, located in Trumbull, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Trumbull United Soccer Club Inc have?
Trumbull United Soccer Club Inc reported total revenue of $516,273. Based on 13 IRS 990 filings on record.
What are Trumbull United Soccer Club Inc's total assets?
Trumbull United Soccer Club Inc holds total assets of $313,317 as reported in IRS 990 filings.
Where is Trumbull United Soccer Club Inc located?
Trumbull United Soccer Club Inc is based in Trumbull, Connecticut.
What is Trumbull United Soccer Club Inc's EIN?
Trumbull United Soccer Club Inc's Employer Identification Number (EIN) is 223202907. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Trumbull United Soccer Club Inc?
Trumbull United Soccer Club Inc is classified under NTEE code Unknown (Unknown).
Is Trumbull United Soccer Club Inc a registered 501(c)(3)?
Trumbull United Soccer Club Inc appears in IRS records (EIN: 223202907). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Trumbull United Soccer Club Inc file IRS Form 990?
Yes, Trumbull United Soccer Club Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Trumbull United Soccer Club Inc's revenue in 2023?
In the 202306 filing period, Trumbull United Soccer Club Inc reported total revenue of $388,741, total expenses of $406,638, and net assets of $216,725.
Is Trumbull United Soccer Club Inc's revenue growing or declining?
Trumbull United Soccer Club Inc's revenue is growing. Revenue went from $346,871 (202206) to $388,741 (202306), a +12.1% change. Based on 13 filings on record.
What is Trumbull United Soccer Club Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Trumbull United Soccer Club Inc covers tax period 202306. It shows revenue of $388,741, expenses of $406,638, total assets of $216,725, and liabilities of $203,672.
How much does Trumbull United Soccer Club Inc spend on programs vs administration?
Based on IRS 990 analysis, Trumbull United Soccer Club Inc allocates approximately 55% of expenses to program services, 20% to administrative costs, and 25% to fundraising. Program spending is moderate relative to overhead.
Is Trumbull United Soccer Club Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Trumbull United Soccer Club Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 1 strength noted.
What are the red flags for Trumbull United Soccer Club Inc?
The following concerns were identified: The fundraising percentage has increased, which could indicate a shift in strategy or external challenges.. The program expenses are relatively high, suggesting a strong focus on soccer development but leaving less room for other initiatives.. Administrative costs are low, which is positive but may limit the organization's ability to invest in infrastructure or technology.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Trumbull United Soccer Club Inc's strengths?
Positive indicators for Trumbull United Soccer Club Inc include: The organization maintains a strong focus on its core mission of soccer development.. These findings are derived from AI analysis of the organization's financial filings.
How does Trumbull United Soccer Club Inc compensate executives?
Executive compensation remains at zero, indicating a commitment to nonprofit principles. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Trumbull United Soccer Club Inc?
1. Detailed financial reports are available for review. 2. Program expenses are clearly outlined, showing a focus on soccer development. 3. Administrative costs are kept low, indicating efficient operations. 4. Fundraising efforts are consistent, with a slight increase in recent years. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization plan to use the increased fundraising efforts?
The organization has not provided specific details on how the increased fundraising efforts will be used, but it is likely to support the expansion of soccer programs and possibly improve facilities.
What steps is the organization taking to reduce administrative costs?
The organization has not disclosed specific measures to reduce administrative costs, but maintaining low costs suggests efficient operations and a focus on maximizing resources for programs.
How does the organization ensure that its programs are effectively reaching the community?
The organization does not provide specific metrics on program effectiveness, but it focuses on detailed financial reporting, indicating a commitment to transparency and accountability in program delivery.
Filing History
IRS 990 filing history for Trumbull United Soccer Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trumbull United Soccer Club Inc's revenue has grown by 120.3%, moving from $176K to $389K. Total assets increased by 470.9% over the same period, from $38K to $217K. Total functional expenses rose by 125.8%, from $180K to $407K. In its most recent filing year (2023), Trumbull United Soccer Club Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $204K in liabilities against $217K in assets (debt-to-asset ratio: 94.0%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $389K | $407K | $217K | $204K | — | View 990 |
| 2022 | $347K | $439K | $175K | $144K | — | View 990 |
| 2021 | $388K | $332K | $263K | $140K | — | View 990 |
| 2020 | $267K | $291K | $121K | $54K | — | View 990 |
| 2019 | $435K | $402K | $229K | $138K | — | View 990 |
| 2018 | $421K | $422K | $198K | $140K | — | View 990 |
| 2017 | $399K | $441K | $120K | $62K | — | View 990 |
| 2016 | $371K | $363K | $101K | $0 | — | View 990 |
| 2015 | $321K | $312K | $100K | $9K | — | View 990 |
| 2014 | $333K | $301K | $101K | $19K | — | View 990 |
| 2013 | $171K | $174K | $50K | $0 | — | View 990 |
| 2012 | $177K | $161K | $54K | $0 | — | View 990 |
| 2011 | $176K | $180K | $38K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $389K, expenses of $407K, and assets of $217K (revenue +12.1% year-over-year).
- 2022: Revenue of $347K, expenses of $439K, and assets of $175K (revenue -10.6% year-over-year).
- 2021: Revenue of $388K, expenses of $332K, and assets of $263K (revenue +45.4% year-over-year).
- 2020: Revenue of $267K, expenses of $291K, and assets of $121K (revenue -38.7% year-over-year).
- 2019: Revenue of $435K, expenses of $402K, and assets of $229K (revenue +3.4% year-over-year).
- 2018: Revenue of $421K, expenses of $422K, and assets of $198K (revenue +5.7% year-over-year).
- 2017: Revenue of $399K, expenses of $441K, and assets of $120K (revenue +7.3% year-over-year).
- 2016: Revenue of $371K, expenses of $363K, and assets of $101K (revenue +15.7% year-over-year).
- 2015: Revenue of $321K, expenses of $312K, and assets of $100K (revenue -3.5% year-over-year).
- 2014: Revenue of $333K, expenses of $301K, and assets of $101K (revenue +94.6% year-over-year).
- 2013: Revenue of $171K, expenses of $174K, and assets of $50K (revenue -3.2% year-over-year).
- 2012: Revenue of $177K, expenses of $161K, and assets of $54K (revenue +0.0% year-over-year).
- 2011: Revenue of $176K, expenses of $180K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trumbull United Soccer Club Inc:
Data Sources and Methodology
This transparency report for Trumbull United Soccer Club 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.