Tuscaloosa Sports Foundation Inc
Tuscaloosa Sports Foundation Inc. shows highly inconsistent financial activity with significant year-to-year revenue and expense fluctuations.
EIN: 204440080 · Tuscaloosa, AL · NTEE: N70 · Updated: 2026-03-28
Is Tuscaloosa Sports Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tuscaloosa Sports Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tuscaloosa Sports Foundation Inc
Tuscaloosa Sports Foundation Inc (EIN: 204440080) is a nonprofit organization based in Tuscaloosa, AL, classified under NTEE code N70. The organization reported total revenue of $11K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tuscaloosa Sports Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tuscaloosa Sports Foundation Inc is a micro nonprofit that has been operating for 17 years, with 7 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -29.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $24 |
| Surplus / Deficit | +$5K |
| Total Assets | $10K |
| Net Assets | $10K |
| Operating Margin | 99.5% |
| Months of Reserves | 4900.5 months |
Financial Health Grade: A
In 2023, Tuscaloosa Sports Foundation Inc reported a surplus of $5K with revenue exceeding expenses, holds 4900.5 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2015–2023), Tuscaloosa Sports Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -29.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -81.5% | -100.0% | +103.1% |
| 2022 | +465.6% | +3470.4% | -97.5% |
| 2021 | -76.1% | -70.2% | +351.9% |
| 2020 | -97.3% | -83.9% | -93.6% |
| 2018 | +887.0% | +322.4% | +1187.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Tuscaloosa Sports Foundation Inc with a Mission Score of 65 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Tuscaloosa Sports Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all filings, indicating that no salaries or other compensation are paid to officers, which is highly favorable for resource allocation.
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 Tuscaloosa Sports Foundation Inc's IRS 990 filings:
- Highly volatile revenue and expense patterns across years, making financial stability unpredictable.
- Significant deficit in 2022 where expenses ($218,470) far outstripped revenue ($27,000).
- Low current asset base ($5,073) relative to past operational scales.
Strengths
The following positive indicators were identified for Tuscaloosa Sports Foundation Inc:
- Consistently reports 0% officer compensation, indicating efficient use of funds for mission-related activities.
- Low administrative and fundraising costs based on available data, suggesting a focus on program delivery.
- History of generating substantial revenue in certain periods, such as $753,433 in 2018.
Frequently Asked Questions about Tuscaloosa Sports Foundation Inc
Is Tuscaloosa Sports Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tuscaloosa Sports Foundation Inc (EIN: 204440080) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Tuscaloosa Sports Foundation Inc spend its money?
Tuscaloosa Sports Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tuscaloosa Sports Foundation Inc tax-deductible?
Tuscaloosa Sports Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204440080). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant expense spike in 2022 ($218,470) compared to its revenue ($27,000)?
The 2022 filing shows expenses far exceeding revenue, leading to a substantial deficit. Understanding the nature of these expenses is crucial for assessing financial management.
What is the current operational status given the minimal revenue ($5,000) and expenses ($24) in 2023?
The latest filing suggests a very low level of activity, which could indicate a scaling down of operations or a transitional period for the organization.
How does the organization manage its finances given the extreme volatility in revenue and assets over the years?
The financial data shows dramatic swings, from $753,433 in revenue in 2018 to $5,000 in 2023, and assets fluctuating from $196,295 in 2021 to $5,073 currently. This volatility raises questions about financial planning and sustainability.
Filing History
IRS 990 filing history for Tuscaloosa Sports Foundation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2015–2023), Tuscaloosa Sports Foundation Inc's revenue has declined by 93.9%, moving from $82K to $5K. Total assets decreased by 59.1% over the same period, from $24K to $10K. Total functional expenses fell by 100%, from $58K to $24. In its most recent filing year (2023), Tuscaloosa Sports Foundation Inc reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $24 | $10K | $0 | — | View 990 |
| 2022 | $27K | $218K | $5K | $0 | — | View 990 |
| 2021 | $5K | $6K | $196K | $0 | — | View 990 |
| 2020 | $20K | $21K | $43K | $0 | — | View 990 |
| 2018 | $753K | $127K | $678K | $3K | — | View 990 |
| 2017 | $76K | $30K | $53K | $4K | — | View 990 |
| 2015 | $82K | $58K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $24, and assets of $10K (revenue -81.5% year-over-year).
- 2022: Revenue of $27K, expenses of $218K, and assets of $5K (revenue +465.6% year-over-year).
- 2021: Revenue of $5K, expenses of $6K, and assets of $196K (revenue -76.1% year-over-year).
- 2020: Revenue of $20K, expenses of $21K, and assets of $43K (revenue -97.3% year-over-year).
- 2018: Revenue of $753K, expenses of $127K, and assets of $678K (revenue +887.0% year-over-year).
- 2017: Revenue of $76K, expenses of $30K, and assets of $53K (revenue -7.2% year-over-year).
- 2015: Revenue of $82K, expenses of $58K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tuscaloosa Sports Foundation Inc:
Data Sources and Methodology
This transparency report for Tuscaloosa Sports Foundation 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.