Is All Star Soccer Academy Inc Legit?

All Star Soccer Academy Inc. demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. The organization's assets have fluctuated, peaking around $177,948 in 2018 and currently standing at $115,122. A notable strength is the consistent reporting of zero officer compensation across all available filings, indicating that leadership is likely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence regarding administrative overhead. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in several periods, such as 2021 where expenses were $221,796 against $152,209 in revenue, and 2023 where expenses were $157,098 against $156,383 in revenue. This trend of spending more than it earns could impact long-term financial stability if not addressed. The organization's transparency is high given the consistent filing of IRS Form 990s and the clear reporting of financial figures. The absence of liabilities in recent years (2020-2023) is also a positive indicator of financial management. While specific program spending details are not provided in the summary data, the overall financial health appears stable, albeit with a pattern of minor operational deficits in recent years. The lack of officer compensation suggests a strong focus on directing funds towards the mission rather than executive salaries, which is a key aspect of spending efficiency for a nonprofit of this size. Overall, All Star Soccer Academy Inc. appears to be a transparent organization with a lean operational structure, as evidenced by the lack of officer compensation. However, the recurring operational deficits warrant attention to ensure long-term sustainability and growth. Donors can be confident that their contributions are not being used for executive salaries, but the organization's ability to consistently generate sufficient revenue to cover expenses is an area for potential improvement.