Is American Sports Builders Association Legit?

The American Sports Builders Association (ASBA) demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade. In the latest filing (202309), the organization reported revenues of $1,613,405 against expenses of $1,637,205, indicating a slight operational deficit for that period. However, the organization maintains healthy assets of $1,871,973, which comfortably exceed its liabilities of $1,025,822, suggesting a stable financial position. The consistent reporting of 0% officer compensation across all available filings indicates strong transparency regarding executive pay, as it suggests either no compensation or that it is reported under other expense categories, which would warrant further investigation for complete clarity. While specific program spending ratios are not provided in the summary data, the overall financial trends show a growing organization. The ASBA's assets have grown from $1,116,152 in 2014 to $1,871,973 in 2023, demonstrating prudent financial management and accumulation of resources. The organization's ability to manage increasing expenses alongside rising revenues, while maintaining a positive asset-to-liability ratio, points to a generally sound financial health. Further analysis of the detailed expense breakdown would be necessary to fully assess spending efficiency across programs, administration, and fundraising.