U S Challenge Cup Inc
U.S. Challenge Cup Inc. Shows Consistent Revenue, Minimal Assets
EIN: 223019734 · Riverside, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $494K |
| Total Expenses | $495K |
| Program Spending | 70% |
| Net Assets | $15K |
| Transparency Score | 65/100 |
Is U S Challenge Cup Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
U S Challenge Cup Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About U S Challenge Cup Inc
U S Challenge Cup Inc (EIN: 223019734) is a nonprofit organization based in Riverside, RI. The organization reported total revenue of $494K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of U S Challenge Cup Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
U S Challenge Cup Inc is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $498K |
| Total Expenses | $495K |
| Surplus / Deficit | +$3K |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | 0.5% |
| Months of Reserves | 0.4 months |
Financial Health Grade: A
In 2023, U S Challenge Cup Inc reported a surplus of $3K with revenue exceeding expenses, holds 0.4 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), U S Challenge Cup Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.0% | +-0.0% | +21.5% |
| 2022 | -0.9% | -1.3% | -14.1% |
| 2021 | +4.6% | +8.6% | -21.1% |
| 2020 | +8.5% | +6.3% | +285.5% |
| 2019 | +6.4% | +4.9% | +375.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 U S Challenge Cup 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, U S Challenge Cup Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating no direct compensation to key personnel from the organization's reported expenses.
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 U S Challenge Cup Inc's IRS 990 filings:
- Assets remain very low (e.g., $15,407 in 2023) despite consistent revenue, raising questions about asset utilization or accumulation.
- The consistent 'c0%' for compensation might indicate services are entirely volunteer-based or compensated through other means not reflected in these specific filings, which could be a lack of transparency regarding labor costs.
Strengths
The following positive indicators were identified for U S Challenge Cup Inc:
- Consistent revenue generation over many years demonstrates a stable funding base.
- No reported liabilities ('l0') across all filings indicates strong financial health regarding debt.
- The organization consistently operates with expenses very close to revenue, suggesting efficient use of funds without significant accumulation or deficit.
Frequently Asked Questions about U S Challenge Cup Inc
Is U S Challenge Cup Inc a legitimate charity?
U S Challenge Cup Inc (EIN: 223019734) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $494K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does U S Challenge Cup Inc spend its money?
U S Challenge Cup Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to U S Challenge Cup Inc tax-deductible?
U S Challenge Cup Inc is registered as a tax-exempt nonprofit (EIN: 223019734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of U S Challenge Cup Inc's spending goes to programs?
U S Challenge Cup Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is U S Challenge Cup Inc located?
U S Challenge Cup Inc is headquartered in Riverside, Rhode Island and files with the IRS under EIN 223019734.
How many years of IRS 990 filings does U S Challenge Cup Inc have?
U S Challenge Cup 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 $494K in total revenue.
What does U S Challenge Cup Inc do?
U S Challenge Cup Inc is a nonprofit organization in the Unknown sector, located in Riverside, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does U S Challenge Cup Inc have?
U S Challenge Cup Inc reported total revenue of $493,843. Based on 13 IRS 990 filings on record.
What are U S Challenge Cup Inc's total assets?
U S Challenge Cup Inc holds total assets of $13,327 as reported in IRS 990 filings.
Where is U S Challenge Cup Inc located?
U S Challenge Cup Inc is based in Riverside, Rhode Island.
What is U S Challenge Cup Inc's EIN?
U S Challenge Cup Inc's Employer Identification Number (EIN) is 223019734. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is U S Challenge Cup Inc?
U S Challenge Cup Inc is classified under NTEE code Unknown (Unknown).
Is U S Challenge Cup Inc a registered 501(c)(3)?
U S Challenge Cup Inc appears in IRS records (EIN: 223019734). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does U S Challenge Cup Inc file IRS Form 990?
Yes, U S Challenge Cup Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was U S Challenge Cup Inc's revenue in 2023?
In the 202312 filing period, U S Challenge Cup Inc reported total revenue of $497,644, total expenses of $494,916, and net assets of $15,407.
Is U S Challenge Cup Inc's revenue growing or declining?
U S Challenge Cup Inc's revenue is relatively stable. Revenue went from $492,832 (202212) to $497,644 (202312), a +1.0% change. Based on 13 filings on record.
What is U S Challenge Cup Inc's most recent 990 filing?
The most recent IRS Form 990 filing for U S Challenge Cup Inc covers tax period 202312. It shows revenue of $497,644, expenses of $494,916, total assets of $15,407, and liabilities of N/A.
How much does U S Challenge Cup Inc spend on programs vs administration?
Based on IRS 990 analysis, U S Challenge Cup Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is U S Challenge Cup Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, U S Challenge Cup Inc shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for U S Challenge Cup Inc?
The following concerns were identified: Assets remain very low (e.g., $15,407 in 2023) despite consistent revenue, raising questions about asset utilization or accumulation.. The consistent 'c0%' for compensation might indicate services are entirely volunteer-based or compensated through other means not reflected in these specific filings, which could be a lack of transparency regarding labor costs.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are U S Challenge Cup Inc's strengths?
Positive indicators for U S Challenge Cup Inc include: Consistent revenue generation over many years demonstrates a stable funding base.. No reported liabilities ('l0') across all filings indicates strong financial health regarding debt.. The organization consistently operates with expenses very close to revenue, suggesting efficient use of funds without significant accumulation or deficit.. These findings are derived from AI analysis of the organization's financial filings.
How does U S Challenge Cup Inc compensate executives?
Executive compensation is reported as 0% across all available filings, indicating no direct compensation to key personnel from the organization's reported expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and minimal assets, how does U.S. Challenge Cup Inc. manage its operational needs and program delivery without accumulating significant reserves or fixed assets?
The data suggests a 'pass-through' model where most revenue is expended annually on programs and administrative costs, with little left over for asset accumulation. This could imply a focus on immediate program delivery rather than long-term capital investment.
What is the nature of the 'expenses' reported (e.g., $494,916 in 2023) if there is no reported compensation ('c0%') and minimal assets?
The expenses likely cover direct program costs, event logistics, facility rentals, and other operational overhead that do not involve direct salary payments to key personnel or significant asset purchases. Further detail would require a full IRS Form 990.
Filing History
IRS 990 filing history for U S Challenge Cup Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), U S Challenge Cup Inc's revenue has grown by 8.8%, moving from $457K to $498K. Total assets increased by 83.7% over the same period, from $8K to $15K. Total functional expenses rose by 6.5%, from $465K to $495K. In its most recent filing year (2023), U S Challenge Cup Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $498K | $495K | $15K | $0 | — | — |
| 2022 | $493K | $495K | $13K | $0 | — | View 990 |
| 2021 | $497K | $501K | $15K | $0 | — | View 990 |
| 2020 | $476K | $462K | $19K | $0 | — | View 990 |
| 2019 | $438K | $434K | $5K | $0 | — | View 990 |
| 2018 | $412K | $414K | $1K | $0 | — | View 990 |
| 2017 | $439K | $441K | $3K | $0 | — | View 990 |
| 2016 | $470K | $466K | $5K | $0 | — | View 990 |
| 2015 | $451K | $454K | $2K | $0 | — | View 990 |
| 2014 | $479K | $478K | $5K | $0 | — | View 990 |
| 2013 | $477K | $494K | $4K | $0 | — | View 990 |
| 2012 | $488K | $476K | $21K | $0 | — | View 990 |
| 2011 | $457K | $465K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $498K, expenses of $495K, and assets of $15K (revenue +1.0% year-over-year).
- 2022: Revenue of $493K, expenses of $495K, and assets of $13K (revenue -0.9% year-over-year).
- 2021: Revenue of $497K, expenses of $501K, and assets of $15K (revenue +4.6% year-over-year).
- 2020: Revenue of $476K, expenses of $462K, and assets of $19K (revenue +8.5% year-over-year).
- 2019: Revenue of $438K, expenses of $434K, and assets of $5K (revenue +6.4% year-over-year).
- 2018: Revenue of $412K, expenses of $414K, and assets of $1K (revenue -6.1% year-over-year).
- 2017: Revenue of $439K, expenses of $441K, and assets of $3K (revenue -6.6% year-over-year).
- 2016: Revenue of $470K, expenses of $466K, and assets of $5K (revenue +4.1% year-over-year).
- 2015: Revenue of $451K, expenses of $454K, and assets of $2K (revenue -5.8% year-over-year).
- 2014: Revenue of $479K, expenses of $478K, and assets of $5K (revenue +0.5% year-over-year).
- 2013: Revenue of $477K, expenses of $494K, and assets of $4K (revenue -2.4% year-over-year).
- 2012: Revenue of $488K, expenses of $476K, and assets of $21K (revenue +6.8% year-over-year).
- 2011: Revenue of $457K, expenses of $465K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for U S Challenge Cup Inc:
Data Sources and Methodology
This transparency report for U S Challenge Cup 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.