Usa Team Handball
Usa Team Handball frequently operates at a deficit, with declining assets and no reported officer compensation.
EIN: 202179012 · Colorado Springs, CO · NTEE: N60 · Updated: 2026-03-28
Is Usa Team Handball Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Usa Team Handball directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Usa Team Handball
Usa Team Handball (EIN: 202179012) is a nonprofit organization based in Colorado Springs, CO, classified under NTEE code N60. The organization reported total revenue of $535K and total assets of $44K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Usa Team Handball's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Usa Team Handball is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $585K |
| Total Expenses | $729K |
| Surplus / Deficit | $-144,057 |
| Total Assets | $89K |
| Total Liabilities | $28K |
| Net Assets | $62K |
| Operating Margin | -24.6% |
| Debt-to-Asset Ratio | 31.1% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2023, Usa Team Handball reported a deficit of $144K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 31.1% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Usa Team Handball's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.6% | -21.7% | -64.9% |
| 2022 | +19.3% | +46.3% | -16.8% |
| 2021 | +13.1% | +88.6% | +5.4% |
| 2020 | +102.8% | +9.0% | +398.0% |
| 2019 | -40.7% | -40.2% | -28.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Usa Team Handball 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Usa Team Handball allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. 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 deficit of $144K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either volunteer leadership or compensation levels below IRS reporting thresholds. This indicates a very lean approach to executive pay relative to the organization's size and revenue, which is a positive sign 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 Usa Team Handball's IRS 990 filings:
- Frequent operating deficits (e.g., $144,057 in 2023, $99,596 in 2022) indicating spending beyond income.
- Significant decline in assets from $306,350 in 2021 to $43,945 currently, reducing financial cushion.
- Liabilities have sometimes exceeded assets (e.g., 201906, 201606), indicating potential solvency concerns.
- Inconsistent financial performance with high year-to-year variability in revenue and expenses.
Strengths
The following positive indicators were identified for Usa Team Handball:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds regarding executive pay.
- Regular filing of IRS Form 990s, demonstrating transparency in financial reporting.
- Maintained operations over many years despite financial fluctuations, suggesting resilience.
Frequently Asked Questions about Usa Team Handball
Is Usa Team Handball a legitimate charity?
Based on AI analysis of IRS 990 filings, Usa Team Handball (EIN: 202179012) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Usa Team Handball spend its money?
Usa Team Handball directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Usa Team Handball tax-deductible?
Usa Team Handball is registered as a tax-exempt nonprofit (EIN: 202179012). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Usa Team Handball financially stable?
Based on the provided data, Usa Team Handball's financial stability is questionable. They have frequently incurred deficits (expenses exceeding revenue) in recent years, including $144,057 in 2023 and $99,596 in 2022. Assets have also significantly declined from a peak of $306,350 in 2021 to $43,945 currently, while liabilities have fluctuated, sometimes exceeding assets.
How does Usa Team Handball manage its executive compensation?
Usa Team Handball consistently reports 0% officer compensation across all 14 available filings. This suggests that either executive roles are filled by volunteers, or compensation falls below the IRS reporting thresholds, indicating a very low overhead in this area.
What is the trend in Usa Team Handball's revenue and expenses?
Revenue has fluctuated, generally ranging from $300,000 to $800,000 annually. Expenses have often exceeded revenue, leading to deficits in many periods, such as 2023 ($728,857 expenses vs. $584,800 revenue) and 2022 ($930,621 expenses vs. $831,025 revenue). There isn't a clear upward or downward trend, but rather significant year-to-year variability and frequent operating losses.
Are Usa Team Handball's assets sufficient to cover its liabilities?
The organization's ability to cover liabilities with assets has varied. In some periods, like 201906 ($82,084 assets vs. $109,671 liabilities) and 201606 ($77,676 assets vs. $178,322 liabilities), liabilities significantly exceeded assets. While assets were higher than liabilities in 2021 and 2022, the current reported assets of $43,945 are relatively low compared to past liability figures, indicating potential vulnerability.
Filing History
IRS 990 filing history for Usa Team Handball showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Usa Team Handball's revenue has declined by 34.4%, moving from $891K to $585K. Total assets increased by 1027.8% over the same period, from $8K to $89K. Total functional expenses fell by 23%, from $947K to $729K. In its most recent filing year (2023), Usa Team Handball reported a deficit of $144K, with expenses exceeding revenue. The organization holds $28K in liabilities against $89K in assets (debt-to-asset ratio: 31.1%), resulting in net assets of $62K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $585K | $729K | $89K | $28K | — | — |
| 2022 | $831K | $931K | $255K | $49K | — | View 990 |
| 2021 | $696K | $636K | $306K | $1K | — | View 990 |
| 2020 | $616K | $337K | $291K | $46K | — | — |
| 2019 | $304K | $310K | $58K | $92K | — | View 990 |
| 2019 | $513K | $517K | $82K | $110K | — | View 990 |
| 2018 | $602K | $640K | $117K | $139K | — | View 990 |
| 2017 | $587K | $481K | $133K | $128K | — | View 990 |
| 2016 | $348K | $351K | $78K | $178K | — | View 990 |
| 2015 | $625K | $664K | $47K | $145K | — | View 990 |
| 2014 | $556K | $572K | $6K | $65K | — | View 990 |
| 2013 | $561K | $509K | $8K | $51K | — | View 990 |
| 2012 | $512K | $474K | $544 | $60K | — | View 990 |
| 2011 | $891K | $947K | $8K | $106K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $585K, expenses of $729K, and assets of $89K (revenue -29.6% year-over-year).
- 2022: Revenue of $831K, expenses of $931K, and assets of $255K (revenue +19.3% year-over-year).
- 2021: Revenue of $696K, expenses of $636K, and assets of $306K (revenue +13.1% year-over-year).
- 2020: Revenue of $616K, expenses of $337K, and assets of $291K (revenue +102.8% year-over-year).
- 2019: Revenue of $304K, expenses of $310K, and assets of $58K (revenue -40.7% year-over-year).
- 2019: Revenue of $513K, expenses of $517K, and assets of $82K (revenue -14.8% year-over-year).
- 2018: Revenue of $602K, expenses of $640K, and assets of $117K (revenue +2.5% year-over-year).
- 2017: Revenue of $587K, expenses of $481K, and assets of $133K (revenue +68.8% year-over-year).
- 2016: Revenue of $348K, expenses of $351K, and assets of $78K (revenue -44.3% year-over-year).
- 2015: Revenue of $625K, expenses of $664K, and assets of $47K (revenue +12.4% year-over-year).
- 2014: Revenue of $556K, expenses of $572K, and assets of $6K (revenue -0.9% year-over-year).
- 2013: Revenue of $561K, expenses of $509K, and assets of $8K (revenue +9.5% year-over-year).
- 2012: Revenue of $512K, expenses of $474K, and assets of $544 (revenue -42.5% year-over-year).
- 2011: Revenue of $891K, expenses of $947K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Usa Team Handball:
Data Sources and Methodology
This transparency report for Usa Team Handball 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.