Is Granite State Youth Soccer League Legit?

Granite State Youth Soccer League appears to be a dormant or significantly scaled-back organization based on its recent financial filings. For the past five reporting periods (2015-2019), the organization has reported negligible revenue, ranging from $0 to $221, while still incurring expenses, albeit at a much lower level than in earlier years. This trend suggests a significant reduction in operations or a complete cessation of program activities, despite maintaining substantial assets, consistently over $300,000, with no reported liabilities. The spending efficiency is difficult to assess accurately given the minimal activity. In the most recent period (201907), the organization reported $153 in revenue against $8,509 in expenses, indicating a significant deficit. Without detailed expense breakdowns, it's challenging to determine if the expenses are administrative overhead for maintaining the entity or related to any residual program activities. The lack of officer compensation across all reported periods suggests a volunteer-led or inactive board. Transparency is generally good in terms of filing its IRS Form 990s, but the financial data itself raises questions about the organization's current purpose and use of its assets. The consistent reporting of assets without corresponding revenue or significant program expenses warrants further inquiry to understand the organization's long-term plans and how these assets are being managed in the absence of active programming.