Wilmington Soccer Academy
EIN: 454365069 · Wilmington, NC · NTEE: N64
| Metric | Value |
|---|---|
| Total Revenue | $470K |
| Total Expenses | $397K |
| Net Assets | $76K |
Is Wilmington Soccer Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wilmington Soccer Academy
Wilmington Soccer Academy (EIN: 454365069) is a nonprofit organization based in Wilmington, NC, classified under NTEE code N64. The organization reported total revenue of $470K and total assets of $85K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wilmington Soccer Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wilmington Soccer Academy is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $448K |
| Total Expenses | $397K |
| Surplus / Deficit | +$51K |
| Total Assets | $75K |
| Net Assets | $76K |
| Operating Margin | 11.4% |
| Months of Reserves | 2.3 months |
Financial Health Grade: B
In 2023, Wilmington Soccer Academy reported a surplus of $51K with revenue exceeding expenses, holds 2.3 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2012–2023), Wilmington Soccer Academy's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +94.7% | +43.5% | +193.5% |
| 2022 | +26.8% | +53.2% | -57.7% |
| 2021 | +47.7% | +43.7% | +1.7% |
| 2020 | -30.2% | -27.2% | -4.4% |
| 2019 | +9.7% | +14.7% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wilmington Soccer Academy 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 Wilmington Soccer Academy 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 surplus of $51K, with revenue exceeding expenses.
Frequently Asked Questions about Wilmington Soccer Academy
Is Wilmington Soccer Academy a legitimate charity?
Wilmington Soccer Academy (EIN: 454365069) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $470K. No red flags identified. Financial health grade: A.
How does Wilmington Soccer Academy spend its money?
Wilmington Soccer Academy reported $470K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wilmington Soccer Academy tax-deductible?
Wilmington Soccer Academy is registered as a tax-exempt nonprofit (EIN: 454365069). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wilmington Soccer Academy located?
Wilmington Soccer Academy is headquartered in Wilmington, North Carolina and files with the IRS under EIN 454365069. It is classified under NTEE code N64.
How many years of IRS 990 filings does Wilmington Soccer Academy have?
Wilmington Soccer Academy has 12 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 $470K in total revenue.
Filing History
IRS 990 filing history for Wilmington Soccer Academy showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Wilmington Soccer Academy's revenue has grown by 180.9%, moving from $160K to $448K. Total assets increased by 16.9% over the same period, from $64K to $75K. Total functional expenses rose by 315.3%, from $96K to $397K. In its most recent filing year (2023), Wilmington Soccer Academy reported a surplus of $51K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $448K | $397K | $75K | $-294 | — | — |
| 2022 | $230K | $277K | $26K | $1K | — | View 990 |
| 2021 | $182K | $181K | $61K | $1K | — | View 990 |
| 2020 | $123K | $126K | $60K | $1K | — | — |
| 2019 | $176K | $173K | $62K | $1K | — | View 990 |
| 2018 | $161K | $151K | $58K | $1K | — | View 990 |
| 2017 | $137K | $142K | $49K | $2K | — | View 990 |
| 2016 | $163K | $201K | $48K | $2K | — | View 990 |
| 2015 | $197K | $184K | $87K | $2K | — | View 990 |
| 2014 | $192K | $183K | $76K | $2K | — | View 990 |
| 2013 | $186K | $184K | $68K | $3K | — | View 990 |
| 2012 | $160K | $96K | $64K | $406 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $448K, expenses of $397K, and assets of $75K (revenue +94.7% year-over-year).
- 2022: Revenue of $230K, expenses of $277K, and assets of $26K (revenue +26.8% year-over-year).
- 2021: Revenue of $182K, expenses of $181K, and assets of $61K (revenue +47.7% year-over-year).
- 2020: Revenue of $123K, expenses of $126K, and assets of $60K (revenue -30.2% year-over-year).
- 2019: Revenue of $176K, expenses of $173K, and assets of $62K (revenue +9.7% year-over-year).
- 2018: Revenue of $161K, expenses of $151K, and assets of $58K (revenue +17.0% year-over-year).
- 2017: Revenue of $137K, expenses of $142K, and assets of $49K (revenue -15.5% year-over-year).
- 2016: Revenue of $163K, expenses of $201K, and assets of $48K (revenue -17.3% year-over-year).
- 2015: Revenue of $197K, expenses of $184K, and assets of $87K (revenue +2.6% year-over-year).
- 2014: Revenue of $192K, expenses of $183K, and assets of $76K (revenue +3.3% year-over-year).
- 2013: Revenue of $186K, expenses of $184K, and assets of $68K (revenue +16.3% year-over-year).
- 2012: Revenue of $160K, expenses of $96K, and assets of $64K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wilmington Soccer Academy:
Data Sources and Methodology
This transparency report for Wilmington Soccer Academy 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.