Wallingford Youth Soccer League Inc
Wallingford Youth Soccer League: Stable Finances, High Program Spending
EIN: 223067666 · Wallingford, CT · NTEE: N64Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $215K |
| Total Expenses | $174K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $135K |
| Transparency Score | 85/100 |
Is Wallingford Youth Soccer League Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wallingford Youth Soccer League Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wallingford Youth Soccer League Inc
Wallingford Youth Soccer League Inc (EIN: 223067666) is a nonprofit organization based in Wallingford, CT, classified under NTEE code N64Z. The organization reported total revenue of $215K and total assets of $147K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wallingford Youth Soccer League Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wallingford Youth Soccer League Inc is a small nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $169K |
| Total Expenses | $174K |
| Surplus / Deficit | $-5,526 |
| Total Assets | $135K |
| Net Assets | $135K |
| Operating Margin | -3.3% |
| Months of Reserves | 9.3 months |
Financial Health Grade: B
In 2024, Wallingford Youth Soccer League Inc reported a deficit of $6K with expenses exceeding revenue, holds 9.3 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Wallingford Youth Soccer League Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.4% | +10.1% | -1.6% |
| 2023 | +17.6% | +12.2% | -0.9% |
| 2022 | +5.5% | +94.8% | -5.1% |
| 2021 | +11.5% | -50.3% | +68.2% |
| 2020 | -24.1% | -12.0% | -27.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1995 |
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 Wallingford Youth Soccer League Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Wallingford Youth Soccer League Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Executive Compensation Analysis
The provided data does not include specific executive compensation figures, indicating that no officers, directors, trustees, or key employees received more than $100,000 in reportable compensation, or the organization is volunteer-run.
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.
Strengths
The following positive indicators were identified for Wallingford Youth Soccer League Inc:
- Consistent revenue and asset base over several years, indicating financial stability.
- Strong program spending percentage based on available expenditure data.
- Low administrative and fundraising overhead.
- Healthy asset-to-revenue ratio, suggesting good financial management.
Frequently Asked Questions about Wallingford Youth Soccer League Inc
Is Wallingford Youth Soccer League Inc a legitimate charity?
Wallingford Youth Soccer League Inc (EIN: 223067666) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $215K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Wallingford Youth Soccer League Inc spend its money?
Wallingford Youth Soccer League Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Wallingford Youth Soccer League Inc tax-deductible?
Wallingford Youth Soccer League Inc is registered as a tax-exempt nonprofit (EIN: 223067666). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wallingford Youth Soccer League Inc CEO make?
Wallingford Youth Soccer League Inc's highest-compensated officer earns $100,000 annually. The organization reported $215K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Wallingford Youth Soccer League Inc's spending goes to programs?
Wallingford Youth Soccer League Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wallingford Youth Soccer League Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wallingford Youth Soccer League Inc is above average for NTEE category N64Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wallingford Youth Soccer League Inc located?
Wallingford Youth Soccer League Inc is headquartered in Wallingford, Connecticut and files with the IRS under EIN 223067666. It is classified under NTEE code N64Z.
How many years of IRS 990 filings does Wallingford Youth Soccer League Inc have?
Wallingford Youth Soccer League 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 $215K in total revenue.
What does Wallingford Youth Soccer League Inc do?
Wallingford Youth Soccer League Inc is a nonprofit organization in the Recreation & Sports sector, located in Wallingford, Connecticut. It is classified under NTEE code N64Z.
How much revenue does Wallingford Youth Soccer League Inc have?
Wallingford Youth Soccer League Inc reported total revenue of $215,204. Based on 14 IRS 990 filings on record.
What are Wallingford Youth Soccer League Inc's total assets?
Wallingford Youth Soccer League Inc holds total assets of $147,405 as reported in IRS 990 filings.
Where is Wallingford Youth Soccer League Inc located?
Wallingford Youth Soccer League Inc is based in Wallingford, Connecticut.
What is Wallingford Youth Soccer League Inc's EIN?
Wallingford Youth Soccer League Inc's Employer Identification Number (EIN) is 223067666. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Wallingford Youth Soccer League Inc?
Wallingford Youth Soccer League Inc is classified under NTEE code N64Z (Recreation & Sports).
Is Wallingford Youth Soccer League Inc a registered 501(c)(3)?
Yes, Wallingford Youth Soccer League Inc is recognized as a tax-exempt organization by the IRS. EIN: 223067666.
Does Wallingford Youth Soccer League Inc file IRS Form 990?
Yes, Wallingford Youth Soccer League Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202407.
What was Wallingford Youth Soccer League Inc's revenue in 2024?
In the 202407 filing period, Wallingford Youth Soccer League Inc reported total revenue of $168,942, total expenses of $174,468, and net assets of $134,688.
Is Wallingford Youth Soccer League Inc's revenue growing or declining?
Wallingford Youth Soccer League Inc's revenue is growing. Revenue went from $157,266 (202307) to $168,942 (202407), a +7.4% change. Based on 14 filings on record.
What is Wallingford Youth Soccer League Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Wallingford Youth Soccer League Inc covers tax period 202407. It shows revenue of $168,942, expenses of $174,468, total assets of $134,688, and liabilities of N/A.
How much does Wallingford Youth Soccer League Inc spend on programs vs administration?
Based on IRS 990 analysis, Wallingford Youth Soccer League Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Wallingford Youth Soccer League Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Wallingford Youth Soccer League Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Wallingford Youth Soccer League Inc's strengths?
Positive indicators for Wallingford Youth Soccer League Inc include: Consistent revenue and asset base over several years, indicating financial stability.. Strong program spending percentage based on available expenditure data.. Low administrative and fundraising overhead.. Healthy asset-to-revenue ratio, suggesting good financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Wallingford Youth Soccer League Inc compensate executives?
The provided data does not include specific executive compensation figures, indicating that no officers, directors, trustees, or key employees received more than $100,000 in reportable compensation, or the organization is volunteer-run. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Wallingford Youth Soccer League Inc?
• Form 990s are publicly available and easily accessible. • Financial data is consistently reported across years. • No specific program details or impact metrics are readily available in the provided data. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization maintain such a high program spending percentage?
The high program spending percentage (estimated at 85%) suggests a lean operational model, likely relying heavily on volunteers for administrative and fundraising tasks, allowing the majority of funds to directly support youth soccer programs.
What is the trend in net assets over the past few years?
Net assets have shown some fluctuation but generally remained stable, ranging from $118,717 in 2019 to $147,405 in 2024, indicating the organization is maintaining its financial reserves.
Filing History
IRS 990 filing history for Wallingford Youth Soccer League Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Wallingford Youth Soccer League Inc's revenue has declined by 18.5%, moving from $207K to $169K. Total assets increased by 17.5% over the same period, from $115K to $135K. Total functional expenses fell by 21.6%, from $222K to $174K. In its most recent filing year (2024), Wallingford Youth Soccer League Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $169K | $174K | $135K | $0 | — | — |
| 2023 | $157K | $158K | $137K | $0 | — | — |
| 2022 | $134K | $141K | $138K | $0 | — | View 990 |
| 2021 | $127K | $72K | $145K | $0 | — | View 990 |
| 2020 | $114K | $146K | $86K | $0 | — | View 990 |
| 2019 | $150K | $166K | $119K | $0 | — | View 990 |
| 2018 | $182K | $168K | $135K | $0 | — | View 990 |
| 2017 | $189K | $220K | $120K | $0 | — | View 990 |
| 2016 | $184K | $201K | $151K | $0 | — | View 990 |
| 2015 | $253K | $228K | $168K | $0 | — | View 990 |
| 2014 | $285K | $278K | $143K | $0 | — | View 990 |
| 2013 | $229K | $228K | $136K | $0 | — | View 990 |
| 2012 | $236K | $215K | $135K | $0 | — | View 990 |
| 2011 | $207K | $222K | $115K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $169K, expenses of $174K, and assets of $135K (revenue +7.4% year-over-year).
- 2023: Revenue of $157K, expenses of $158K, and assets of $137K (revenue +17.6% year-over-year).
- 2022: Revenue of $134K, expenses of $141K, and assets of $138K (revenue +5.5% year-over-year).
- 2021: Revenue of $127K, expenses of $72K, and assets of $145K (revenue +11.5% year-over-year).
- 2020: Revenue of $114K, expenses of $146K, and assets of $86K (revenue -24.1% year-over-year).
- 2019: Revenue of $150K, expenses of $166K, and assets of $119K (revenue -17.9% year-over-year).
- 2018: Revenue of $182K, expenses of $168K, and assets of $135K (revenue -3.6% year-over-year).
- 2017: Revenue of $189K, expenses of $220K, and assets of $120K (revenue +3.0% year-over-year).
- 2016: Revenue of $184K, expenses of $201K, and assets of $151K (revenue -27.3% year-over-year).
- 2015: Revenue of $253K, expenses of $228K, and assets of $168K (revenue -11.4% year-over-year).
- 2014: Revenue of $285K, expenses of $278K, and assets of $143K (revenue +24.6% year-over-year).
- 2013: Revenue of $229K, expenses of $228K, and assets of $136K (revenue -2.9% year-over-year).
- 2012: Revenue of $236K, expenses of $215K, and assets of $135K (revenue +13.7% year-over-year).
- 2011: Revenue of $207K, expenses of $222K, and assets of $115K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wallingford Youth Soccer League Inc:
Data Sources and Methodology
This transparency report for Wallingford Youth Soccer League 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.