Usa Track & Field Inc
Usa Track & Field Inc: Mixed Financials, Strong Mission Alignment
EIN: 222998025 · Augusta, ME · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $80K |
| Program Spending | 70% |
| Net Assets | $73K |
| Transparency Score | 75/100 |
Is Usa Track & Field Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Usa Track & Field Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Usa Track & Field Inc
Usa Track & Field Inc (EIN: 222998025) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $74K and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Usa Track & Field Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Usa Track & Field Inc is a micro nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $80K |
| Surplus / Deficit | $-16,659 |
| Total Assets | $73K |
| Net Assets | $73K |
| Operating Margin | -26.1% |
| Months of Reserves | 10.9 months |
Financial Health Grade: B
In 2023, Usa Track & Field Inc reported a deficit of $17K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Usa Track & Field Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.8% | -26.3% | -18.6% |
| 2022 | +189.3% | +214.2% | +0.5% |
| 2021 | +204.8% | +82.9% | +3.7% |
| 2020 | -72.5% | -57.7% | -7.1% |
| 2019 | -18.3% | +9.9% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1983 |
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 Track & Field 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Usa Track & Field 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 deficit of $17K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation data is not available in the provided filings, preventing a specific assessment of its reasonableness relative to the organization's size and mission.
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 Track & Field Inc's IRS 990 filings:
- Significant revenue volatility (e.g., $12,420 in 2020 vs. $109,505 in 2022) could indicate an over-reliance on unpredictable funding sources or event-based income.
- Lack of specific executive compensation details makes it impossible to evaluate financial stewardship in this area.
Strengths
The following positive indicators were identified for Usa Track & Field Inc:
- Consistent asset base (around $80k-$90k) suggests a stable financial foundation despite revenue fluctuations.
- The organization appears to manage expenses in line with revenue, avoiding significant deficits in most years.
Frequently Asked Questions about Usa Track & Field Inc
Is Usa Track & Field Inc a legitimate charity?
Usa Track & Field Inc (EIN: 222998025) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $74K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Usa Track & Field Inc spend its money?
Usa Track & Field Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Usa Track & Field Inc tax-deductible?
Usa Track & Field Inc is registered as a tax-exempt nonprofit (EIN: 222998025). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Usa Track & Field Inc's spending goes to programs?
Usa Track & Field Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Usa Track & Field Inc located?
Usa Track & Field Inc is headquartered in Augusta, Maine and files with the IRS under EIN 222998025.
How many years of IRS 990 filings does Usa Track & Field Inc have?
Usa Track & Field 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 $74K in total revenue.
What does Usa Track & Field Inc do?
Usa Track & Field Inc is a nonprofit organization in the Unknown sector, located in Augusta, Maine. It is classified under NTEE code Unknown.
How much revenue does Usa Track & Field Inc have?
Usa Track & Field Inc reported total revenue of $74,063. Based on 13 IRS 990 filings on record.
What are Usa Track & Field Inc's total assets?
Usa Track & Field Inc holds total assets of $86,308 as reported in IRS 990 filings.
Where is Usa Track & Field Inc located?
Usa Track & Field Inc is based in Augusta, Maine.
What is Usa Track & Field Inc's EIN?
Usa Track & Field Inc's Employer Identification Number (EIN) is 222998025. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Usa Track & Field Inc?
Usa Track & Field Inc is classified under NTEE code Unknown (Unknown).
Is Usa Track & Field Inc a registered 501(c)(3)?
Usa Track & Field Inc appears in IRS records (EIN: 222998025). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Usa Track & Field Inc file IRS Form 990?
Yes, Usa Track & Field Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Usa Track & Field Inc's revenue in 2023?
In the 202312 filing period, Usa Track & Field Inc reported total revenue of $63,714, total expenses of $80,373, and net assets of $73,105.
Is Usa Track & Field Inc's revenue growing or declining?
Usa Track & Field Inc's revenue is declining. Revenue went from $109,505 (202212) to $63,714 (202312), a -41.8% change. Based on 13 filings on record.
What is Usa Track & Field Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Usa Track & Field Inc covers tax period 202312. It shows revenue of $63,714, expenses of $80,373, total assets of $73,105, and liabilities of N/A.
How much does Usa Track & Field Inc spend on programs vs administration?
Based on IRS 990 analysis, Usa Track & Field 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 Usa Track & Field Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Usa Track & Field Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Usa Track & Field Inc?
The following concerns were identified: Significant revenue volatility (e.g., $12,420 in 2020 vs. $109,505 in 2022) could indicate an over-reliance on unpredictable funding sources or event-based income.. Lack of specific executive compensation details makes it impossible to evaluate financial stewardship in this area.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Usa Track & Field Inc's strengths?
Positive indicators for Usa Track & Field Inc include: Consistent asset base (around $80k-$90k) suggests a stable financial foundation despite revenue fluctuations.. The organization appears to manage expenses in line with revenue, avoiding significant deficits in most years.. These findings are derived from AI analysis of the organization's financial filings.
How does Usa Track & Field Inc compensate executives?
Executive compensation data is not available in the provided filings, preventing a specific assessment of its reasonableness relative to the organization's size and mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contribute to the extreme revenue fluctuations observed between 2020 and 2022, and what strategies are in place to stabilize funding?
The data shows a sharp dip in 2020 ($12,420) and a peak in 2022 ($109,505). This could be due to event cancellations/resumptions (e.g., pandemic impact) or major grant cycles. Understanding the specific drivers and diversification efforts is crucial for long-term sustainability.
Filing History
IRS 990 filing history for Usa Track & Field Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Usa Track & Field Inc's revenue has grown by 19.3%, moving from $53K to $64K. Total assets increased by 1004% over the same period, from $7K to $73K. Total functional expenses rose by 51%, from $53K to $80K. In its most recent filing year (2023), Usa Track & Field Inc reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $64K | $80K | $73K | $0 | — | View 990 |
| 2022 | $110K | $109K | $90K | $0 | — | View 990 |
| 2021 | $38K | $35K | $89K | $0 | — | — |
| 2020 | $12K | $19K | $86K | $0 | — | View 990 |
| 2019 | $45K | $45K | $93K | $0 | — | View 990 |
| 2018 | $55K | $41K | $92K | $0 | — | View 990 |
| 2017 | $54K | $35K | $78K | $0 | — | View 990 |
| 2016 | $56K | $45K | $59K | $0 | — | View 990 |
| 2015 | $48K | $42K | $47K | $0 | — | View 990 |
| 2014 | $65K | $37K | $42K | $0 | — | View 990 |
| 2013 | $57K | $56K | $15K | $0 | — | View 990 |
| 2012 | $59K | $51K | $14K | $0 | — | View 990 |
| 2011 | $53K | $53K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $64K, expenses of $80K, and assets of $73K (revenue -41.8% year-over-year).
- 2022: Revenue of $110K, expenses of $109K, and assets of $90K (revenue +189.3% year-over-year).
- 2021: Revenue of $38K, expenses of $35K, and assets of $89K (revenue +204.8% year-over-year).
- 2020: Revenue of $12K, expenses of $19K, and assets of $86K (revenue -72.5% year-over-year).
- 2019: Revenue of $45K, expenses of $45K, and assets of $93K (revenue -18.3% year-over-year).
- 2018: Revenue of $55K, expenses of $41K, and assets of $92K (revenue +2.8% year-over-year).
- 2017: Revenue of $54K, expenses of $35K, and assets of $78K (revenue -4.7% year-over-year).
- 2016: Revenue of $56K, expenses of $45K, and assets of $59K (revenue +17.6% year-over-year).
- 2015: Revenue of $48K, expenses of $42K, and assets of $47K (revenue -25.9% year-over-year).
- 2014: Revenue of $65K, expenses of $37K, and assets of $42K (revenue +14.3% year-over-year).
- 2013: Revenue of $57K, expenses of $56K, and assets of $15K (revenue -3.3% year-over-year).
- 2012: Revenue of $59K, expenses of $51K, and assets of $14K (revenue +9.7% year-over-year).
- 2011: Revenue of $53K, expenses of $53K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Usa Track & Field Inc:
Data Sources and Methodology
This transparency report for Usa Track & Field 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.