Is Los Gatos United Soccer League Legit?

Los Gatos United Soccer League demonstrates a consistent pattern of financial growth and strong program focus. Over the past five years, the organization's revenue has significantly increased from $2,285,370 in 2019 to $4,081,454 in 2023, indicating robust community support and effective operations. Expenses have generally tracked revenue, with the organization maintaining a healthy surplus in most recent years, such as the $57,157 surplus in 2023 ($4,081,454 revenue vs. $4,024,297 expenses). This financial stability is further supported by growing assets, which have more than doubled from $603,113 in 2019 to $1,559,673 in 2023. The organization's spending efficiency appears strong, with a clear dedication to its programmatic mission. The absence of reported officer compensation across all available filings suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator of resource allocation directly to services. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall financial health and consistent growth, coupled with zero reported officer compensation, suggest a well-managed and mission-driven entity. The increasing liabilities, from $0 in 2019 to $995,299 in 2023, warrant closer examination to understand their nature and impact on long-term financial health, though current assets comfortably cover them.