Is District 3 Of The Utah Youth Soccer Association Legit?

District 3 Of The Utah Youth Soccer Association demonstrates consistent operational activity, with revenues and expenses generally in the range of $80,000 to $140,000 over the past decade. The organization has maintained a healthy asset base, though it has seen a gradual decline from a peak of $220,477 in 2015 to $104,173 in 2023. A notable aspect of its financial management is the consistent reporting of zero liabilities across most recent filings, indicating a strong balance sheet and no outstanding debt. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in 8 out of the last 10 reported periods, including the most recent 2023 period where expenses were $135,230 against revenues of $110,239. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, providing a clear historical record of its financial activities. The absence of reported officer compensation across all available filings suggests that leadership may be volunteer-based or compensated through other means not captured in this specific line item, which can be a positive indicator of resource allocation directly to mission. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency between program, administrative, and fundraising costs. The consistent deficits, while not immediately alarming for an organization of this size with substantial assets, warrant attention to ensure long-term sustainability. Overall, District 3 Of The Utah Youth Soccer Association appears to be a stable, albeit often deficit-spending, organization with good financial transparency through its 990 filings and a strong balance sheet with minimal liabilities. The declining asset trend and recurring operational deficits are areas that could impact future financial health if not addressed, but the lack of officer compensation is a positive sign for resource allocation.