Westerly Youth Soccer Association Inc
Westerly Youth Soccer Association: Stable Finances, Program-Focused Spending
EIN: 222527003 · Westerly, RI · NTEE: N64Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $78K |
| Total Expenses | $67K |
| Program Spending | 90% |
| Net Assets | $61K |
| Transparency Score | 75/100 |
Is Westerly Youth Soccer Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Westerly Youth Soccer Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Westerly Youth Soccer Association Inc
Westerly Youth Soccer Association Inc (EIN: 222527003) is a nonprofit organization based in Westerly, RI, classified under NTEE code N64Z. The organization reported total revenue of $78K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westerly Youth Soccer Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westerly Youth Soccer Association Inc is a micro nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $67K |
| Surplus / Deficit | +$23K |
| Total Assets | $61K |
| Net Assets | $61K |
| Operating Margin | 25.4% |
| Months of Reserves | 11.0 months |
Financial Health Grade: A
In 2023, Westerly Youth Soccer Association Inc reported a surplus of $23K with revenue exceeding expenses, holds 11.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Westerly Youth Soccer Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.3% | -11.9% | +59.0% |
| 2022 | +23.4% | +58.4% | +1.3% |
| 2021 | +164.8% | +102.0% | +58.0% |
| 2020 | -62.4% | -59.3% | -1.4% |
| 2019 | -18.1% | -26.7% | +18.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Westerly Youth Soccer Association 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Westerly Youth Soccer Association Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not reported in the available filings, indicating that the organization likely operates with volunteer leadership or very minimal paid administrative staff, which is common for smaller local sports associations.
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 Westerly Youth Soccer Association Inc:
- Consistent revenue generation over several years, demonstrating stable community support.
- Strong program spending focus, with a high percentage of expenses directly supporting youth soccer activities.
- Healthy asset growth, increasing from $20,615 in 2018 to $61,188 in 2023, indicating good financial management.
- No reported lobbying expenses or political campaign activities, maintaining a clear focus on its mission.
Frequently Asked Questions about Westerly Youth Soccer Association Inc
Is Westerly Youth Soccer Association Inc a legitimate charity?
Westerly Youth Soccer Association Inc (EIN: 222527003) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $78K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Westerly Youth Soccer Association Inc spend its money?
Westerly Youth Soccer Association Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Westerly Youth Soccer Association Inc tax-deductible?
Westerly Youth Soccer Association Inc is registered as a tax-exempt nonprofit (EIN: 222527003). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Westerly Youth Soccer Association Inc's spending goes to programs?
Westerly Youth Soccer Association Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Westerly Youth Soccer Association Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Westerly Youth Soccer Association 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 Westerly Youth Soccer Association Inc located?
Westerly Youth Soccer Association Inc is headquartered in Westerly, Rhode Island and files with the IRS under EIN 222527003. It is classified under NTEE code N64Z.
How many years of IRS 990 filings does Westerly Youth Soccer Association Inc have?
Westerly Youth Soccer Association 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 $78K in total revenue.
What does Westerly Youth Soccer Association Inc do?
Westerly Youth Soccer Association Inc is a nonprofit organization in the Recreation & Sports sector, located in Westerly, Rhode Island. It is classified under NTEE code N64Z.
How much revenue does Westerly Youth Soccer Association Inc have?
Westerly Youth Soccer Association Inc reported total revenue of $78,101. Based on 13 IRS 990 filings on record.
What are Westerly Youth Soccer Association Inc's total assets?
Westerly Youth Soccer Association Inc holds total assets of $56,157 as reported in IRS 990 filings.
Where is Westerly Youth Soccer Association Inc located?
Westerly Youth Soccer Association Inc is based in Westerly, Rhode Island.
What is Westerly Youth Soccer Association Inc's EIN?
Westerly Youth Soccer Association Inc's Employer Identification Number (EIN) is 222527003. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Westerly Youth Soccer Association Inc?
Westerly Youth Soccer Association Inc is classified under NTEE code N64Z (Recreation & Sports).
Is Westerly Youth Soccer Association Inc a registered 501(c)(3)?
Yes, Westerly Youth Soccer Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 222527003.
Does Westerly Youth Soccer Association Inc file IRS Form 990?
Yes, Westerly Youth Soccer Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Westerly Youth Soccer Association Inc's revenue in 2023?
In the 202312 filing period, Westerly Youth Soccer Association Inc reported total revenue of $89,473, total expenses of $66,779, and net assets of $61,188.
Is Westerly Youth Soccer Association Inc's revenue growing or declining?
Westerly Youth Soccer Association Inc's revenue is growing. Revenue went from $76,248 (202212) to $89,473 (202312), a +17.3% change. Based on 13 filings on record.
What is Westerly Youth Soccer Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Westerly Youth Soccer Association Inc covers tax period 202312. It shows revenue of $89,473, expenses of $66,779, total assets of $61,188, and liabilities of N/A.
How much does Westerly Youth Soccer Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Westerly Youth Soccer Association Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Westerly Youth Soccer Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Westerly Youth Soccer Association Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Westerly Youth Soccer Association Inc's strengths?
Positive indicators for Westerly Youth Soccer Association Inc include: Consistent revenue generation over several years, demonstrating stable community support.. Strong program spending focus, with a high percentage of expenses directly supporting youth soccer activities.. Healthy asset growth, increasing from $20,615 in 2018 to $61,188 in 2023, indicating good financial management.. No reported lobbying expenses or political campaign activities, maintaining a clear focus on its mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Westerly Youth Soccer Association Inc compensate executives?
Executive compensation is not reported in the available filings, indicating that the organization likely operates with volunteer leadership or very minimal paid administrative staff, which is common for smaller local sports associations. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization manage to maintain such a high program spending percentage?
The absence of reported executive compensation and minimal administrative expenses suggest a lean operational model, likely relying heavily on volunteers for administrative and fundraising tasks, allowing a greater portion of funds to directly support programs.
What is the trend in net assets over the past five years?
Net assets have shown a positive trend, increasing from $24,412 in 2019 to $61,188 in 2023, indicating financial stability and growth in reserves.
Filing History
IRS 990 filing history for Westerly Youth Soccer Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Westerly Youth Soccer Association Inc's revenue has grown by 128.8%, moving from $39K to $89K. Total assets increased by 3% over the same period, from $59K to $61K. Total functional expenses rose by 70.1%, from $39K to $67K. In its most recent filing year (2023), Westerly Youth Soccer Association Inc reported a surplus of $23K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $67K | $61K | $0 | — | — |
| 2022 | $76K | $76K | $38K | $0 | — | View 990 |
| 2021 | $62K | $48K | $38K | $0 | — | View 990 |
| 2020 | $23K | $24K | $24K | $0 | — | — |
| 2019 | $62K | $58K | $24K | $0 | — | View 990 |
| 2018 | $76K | $79K | $21K | $0 | — | View 990 |
| 2017 | $77K | $88K | $24K | $0 | — | — |
| 2016 | $75K | $63K | $36K | $0 | — | View 990 |
| 2015 | $92K | $111K | $24K | $0 | — | View 990 |
| 2014 | $77K | $79K | $43K | $0 | — | View 990 |
| 2013 | $57K | $57K | $45K | $0 | — | View 990 |
| 2012 | $48K | $63K | $45K | $0 | — | View 990 |
| 2011 | $39K | $39K | $59K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $67K, and assets of $61K (revenue +17.3% year-over-year).
- 2022: Revenue of $76K, expenses of $76K, and assets of $38K (revenue +23.4% year-over-year).
- 2021: Revenue of $62K, expenses of $48K, and assets of $38K (revenue +164.8% year-over-year).
- 2020: Revenue of $23K, expenses of $24K, and assets of $24K (revenue -62.4% year-over-year).
- 2019: Revenue of $62K, expenses of $58K, and assets of $24K (revenue -18.1% year-over-year).
- 2018: Revenue of $76K, expenses of $79K, and assets of $21K (revenue -1.1% year-over-year).
- 2017: Revenue of $77K, expenses of $88K, and assets of $24K (revenue +2.3% year-over-year).
- 2016: Revenue of $75K, expenses of $63K, and assets of $36K (revenue -18.5% year-over-year).
- 2015: Revenue of $92K, expenses of $111K, and assets of $24K (revenue +19.5% year-over-year).
- 2014: Revenue of $77K, expenses of $79K, and assets of $43K (revenue +33.9% year-over-year).
- 2013: Revenue of $57K, expenses of $57K, and assets of $45K (revenue +18.6% year-over-year).
- 2012: Revenue of $48K, expenses of $63K, and assets of $45K (revenue +23.7% year-over-year).
- 2011: Revenue of $39K, expenses of $39K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westerly Youth Soccer Association Inc:
Data Sources and Methodology
This transparency report for Westerly Youth Soccer Association 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.