Is Liberty Gymnastics Academy Booster Club Legit?

Liberty Gymnastics Academy Booster Club demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, leading to a steady growth in assets. For instance, in 2023, revenue was $134,938 against expenses of $127,108, contributing to assets of $40,343. The organization's financial health appears stable, with no reported liabilities across all available filings, indicating a strong balance sheet. This suggests responsible financial management and a low-risk profile. The organization's spending efficiency is commendable, particularly given its booster club nature. With no officer compensation reported in any of the filings, it implies that administrative costs are likely kept very low, allowing a greater proportion of funds to directly support its programs. This is a strong indicator of a program-focused approach, maximizing the impact of donations. Transparency is high, as evidenced by the consistent filing of IRS Form 990s over many years and the clear reporting of financial data. The absence of liabilities and officer compensation simplifies financial analysis and provides a clear picture of how funds are managed and utilized. This level of transparency builds trust with donors and stakeholders.