Is New England Preparatory School Athletic Council Legit?

The New England Preparatory School Athletic Council (NEPSAC) demonstrates a generally sound financial position, particularly with its recent growth. In the latest filing (202306), the organization reported revenue of $462,462 against expenses of $425,626, resulting in a surplus. This positive trend is a significant improvement from previous years where expenses often exceeded revenue. The organization's assets have also shown substantial growth, reaching $90,474 in 202306, indicating increasing financial stability. NEPSAC's spending efficiency appears strong, especially given that officer compensation has consistently been reported as 0% across all available filings. This suggests that resources are primarily directed towards its mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a positive indicator of efficient resource allocation. Transparency is high, with a consistent history of 10 IRS 990 filings, demonstrating regular reporting. The consistent reporting of 0% officer compensation across all periods is a key transparency strength, clearly indicating that the organization's leadership is not drawing salaries from the nonprofit. This commitment to volunteer leadership enhances trust and suggests a strong dedication to its mission.