Is Greater Washington Sports Alliance Foundation C/O Dgs Inc Legit?

The Greater Washington Sports Alliance Foundation appears to be in a state of financial distress, as indicated by its latest filing showing $0 in both revenue and assets. This suggests the organization may be inactive or in the process of winding down. Historically, the organization has struggled with significant liabilities consistently outweighing its assets, peaking at $866,826 in liabilities against $56,539 in assets in 2013. While officer compensation has consistently been reported as 0%, which is positive for donor confidence in executive pay, the overall financial health and operational capacity are severely compromised by the lack of current financial activity and historical debt. The organization's spending efficiency is difficult to assess accurately without detailed expense breakdowns beyond total expenses. However, the consistent pattern of expenses often exceeding revenue in earlier periods (e.g., $235,504 expenses vs. $4,806 revenue in 2011) suggests an unsustainable operational model. The current $0 revenue and assets make any assessment of spending efficiency moot, as there is no financial activity to analyze. Transparency regarding the reasons for the current inactive state or the plan for addressing historical liabilities would be crucial for any potential stakeholders. Given the latest filing's $0 revenue and assets, the organization's financial health is extremely poor, indicating potential dormancy or cessation of operations. The historical data shows a pattern of operating at a deficit and accumulating significant liabilities, which is a major concern. Without current financial activity, there is no basis to evaluate current spending efficiency or program impact.