Virgina Soccer Alliance Inc
EIN: 521336900 · Charlottesvle, VA · NTEE: N64Z
| Metric | Value |
|---|---|
| Total Revenue | $4.7M |
| Total Expenses | $3.5M |
| Net Assets | $2.4M |
Is Virgina Soccer Alliance Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Virgina Soccer Alliance Inc
Virgina Soccer Alliance Inc (EIN: 521336900) is a nonprofit organization based in Charlottesvle, VA, classified under NTEE code N64Z. The organization reported total revenue of $4.7M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virgina Soccer Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virgina Soccer Alliance Inc is a mid-size nonprofit that has been operating for 42 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-114,089 |
| Total Assets | $6.2M |
| Total Liabilities | $3.8M |
| Net Assets | $2.4M |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 61.1% |
| Months of Reserves | 21.0 months |
Financial Health Grade: C
In 2023, Virgina Soccer Alliance Inc reported a deficit of $114K with expenses exceeding revenue, holds 21.0 months of operating reserves (strong position), has a debt-to-asset ratio of 61.1% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Virgina Soccer Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.2% | +14.6% | -2.3% |
| 2022 | -1.1% | +13.7% | -3.1% |
| 2021 | +22.9% | +32.4% | +4.9% |
| 2020 | -18.1% | -27.4% | +203.4% |
| 2019 | -10.2% | -2.2% | +16.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Virgina Soccer Alliance Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Virgina Soccer Alliance Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $114K, with expenses exceeding revenue.
- Debt-to-asset ratio: 61.1%.
Frequently Asked Questions about Virgina Soccer Alliance Inc
Is Virgina Soccer Alliance Inc a legitimate charity?
Virgina Soccer Alliance Inc (EIN: 521336900) is a registered tax-exempt nonprofit based in Virginia. It has 14 years of IRS 990 filings on record. Total revenue: $4.7M. No red flags identified. Financial health grade: C.
How does Virgina Soccer Alliance Inc spend its money?
Virgina Soccer Alliance Inc reported $4.7M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Virgina Soccer Alliance Inc tax-deductible?
Virgina Soccer Alliance Inc is registered as a tax-exempt nonprofit (EIN: 521336900). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Virgina Soccer Alliance Inc located?
Virgina Soccer Alliance Inc is headquartered in Charlottesvle, Virginia and files with the IRS under EIN 521336900. It is classified under NTEE code N64Z.
How many years of IRS 990 filings does Virgina Soccer Alliance Inc have?
Virgina Soccer Alliance Inc has 14 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 $4.7M in total revenue.
Filing History
IRS 990 filing history for Virgina Soccer Alliance Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Virgina Soccer Alliance Inc's revenue has grown by 108%, moving from $1.6M to $3.4M. Total assets increased by 638.9% over the same period, from $840K to $6.2M. Total functional expenses rose by 120.4%, from $1.6M to $3.5M. In its most recent filing year (2023), Virgina Soccer Alliance Inc reported a deficit of $114K, with expenses exceeding revenue. The organization holds $3.8M in liabilities against $6.2M in assets (debt-to-asset ratio: 61.1%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $3.5M | $6.2M | $3.8M | — | — |
| 2022 | $3.1M | $3.1M | $6.3M | $3.8M | — | — |
| 2021 | $3.1M | $2.7M | $6.6M | $4.0M | — | View 990 |
| 2020 | $2.5M | $2.1M | $6.2M | $4.1M | — | View 990 |
| 2019 | $3.1M | $2.8M | $2.1M | $321K | — | View 990 |
| 2018 | $3.4M | $2.9M | $1.8M | $266K | — | View 990 |
| 2017 | $3.0M | $3.0M | $1.4M | $438K | — | View 990 |
| 2016 | $2.7M | $2.6M | $1.2M | $321K | — | View 990 |
| 2015 | $2.6M | $2.4M | $1.1M | $333K | — | View 990 |
| 2014 | $2.2M | $2.2M | $967K | $392K | — | View 990 |
| 2013 | $1.9M | $2.0M | $934K | $368K | — | View 990 |
| 2012 | $1.8M | $1.7M | $972K | $302K | — | View 990 |
| 2011 | $1.7M | $1.6M | $918K | $298K | — | View 990 |
| 2010 | $1.6M | $1.6M | $840K | $295K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $3.5M, and assets of $6.2M (revenue +12.2% year-over-year).
- 2022: Revenue of $3.1M, expenses of $3.1M, and assets of $6.3M (revenue -1.1% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.7M, and assets of $6.6M (revenue +22.9% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.1M, and assets of $6.2M (revenue -18.1% year-over-year).
- 2019: Revenue of $3.1M, expenses of $2.8M, and assets of $2.1M (revenue -10.2% year-over-year).
- 2018: Revenue of $3.4M, expenses of $2.9M, and assets of $1.8M (revenue +12.3% year-over-year).
- 2017: Revenue of $3.0M, expenses of $3.0M, and assets of $1.4M (revenue +12.3% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.6M, and assets of $1.2M (revenue +3.9% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.4M, and assets of $1.1M (revenue +16.8% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.2M, and assets of $967K (revenue +15.5% year-over-year).
- 2013: Revenue of $1.9M, expenses of $2.0M, and assets of $934K (revenue +8.0% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.7M, and assets of $972K (revenue +4.2% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $918K (revenue +4.3% year-over-year).
- 2010: Revenue of $1.6M, expenses of $1.6M, and assets of $840K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virgina Soccer Alliance Inc:
Data Sources and Methodology
This transparency report for Virgina Soccer Alliance 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.