Is Elite Soccer League Inc Legit?

Elite Soccer League Inc. demonstrates a consistent pattern of growth in revenue and assets over the past several years, indicating a healthy financial trajectory. For instance, revenue grew from $1,025,716 in 2020 to $3,103,547 in 2023, and assets increased from $142,221 to $577,901 in the same period. The organization consistently spends a high proportion of its expenses on program services, with an average program spending ratio of approximately 85-90% based on available data, suggesting efficient use of funds towards its mission. The organization's liabilities have remained relatively low compared to its assets, indicating good financial stability. For example, in 2023, liabilities were $61,290 against assets of $577,901. A notable aspect is the reported 0% officer compensation across all available filings, which suggests that key leadership may be volunteer-based or compensated through other means not categorized as officer compensation, contributing to lower administrative overhead. This commitment to minimizing administrative costs enhances its spending efficiency and transparency.