Is Gilbert Youth Sports Inc Legit?

Gilbert Youth Sports Inc demonstrates consistent financial health over the past two years, with revenues slightly exceeding expenses in both 2022 and 2023. In 2023, the organization reported revenues of $94,634 against expenses of $93,102, indicating a small surplus. Similarly, in 2022, revenues were $100,235 with expenses of $94,224. The organization maintains a healthy asset base, growing from $68,196 in 2022 to $69,728 in 2023, with no reported liabilities, which is a strong indicator of financial stability. The absence of officer compensation reported in both filings suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead. Regarding spending efficiency, without a detailed breakdown of expenses, it's challenging to precisely determine program versus administrative spending. However, the consistent positive net income suggests prudent financial management. The organization's NTEE code N99 (Not Elsewhere Classified) doesn't provide specific insight into its program area, but its name implies a focus on youth sports. Transparency is good given the availability of 990 filings, and the zero liabilities are a positive sign. Overall, Gilbert Youth Sports Inc appears to be a financially stable and well-managed small nonprofit. Its consistent revenue generation, control over expenses, and lack of debt are commendable. Further detail on program spending would enhance the assessment of its impact efficiency.