Is Mtfc Goodlettsville Soccer Inc Legit?

Mtfc Goodlettsville Soccer Inc demonstrates consistent financial health with a positive net income in most recent years. For the 202405 period, the organization reported revenues of $273,388 against expenses of $220,473, indicating a healthy surplus. This trend of revenue exceeding expenses is generally positive, contributing to a steady growth in assets from $61,755 in 202005 to $169,411 in 202405. The organization's liabilities have consistently been reported as $0 across all available filings, which is a strong indicator of financial stability and responsible management, as it suggests no outstanding debt. The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation, implying that resources are directly allocated to operational costs and programs rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial picture suggests a lean operation. The consistent growth in assets, coupled with no liabilities, points to effective stewardship of funds. In terms of transparency, the organization has a robust filing history with 13 filings, indicating regular compliance with IRS reporting requirements. The consistent reporting of $0 liabilities and 0% officer compensation across multiple years enhances trust and transparency, as it clearly communicates how funds are managed and that executive compensation is not a drain on resources. This level of consistent, clean reporting is a positive sign for potential donors and stakeholders.