Is New Level Sports Legit?

New Level Sports demonstrates a strong and consistent financial trajectory, with revenue growing significantly from $45,720 in 2013 to $2,083,605 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $2,083,605 exceeded expenses of $1,806,318, indicating sound financial management and the ability to build reserves. Their asset base has also grown substantially, reaching $1,793,208 in 2023, which provides a solid foundation for future operations. Spending efficiency appears robust, particularly given the consistent surpluses and the absence of reported officer compensation across all available filings, suggesting that resources are primarily directed towards programmatic activities and operational needs rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial health and growth indicate effective resource utilization. The organization's transparency is commendable through its consistent filing of IRS Form 990s over a long period, providing a clear historical record of its financial activities. However, the increase in liabilities from $0 in 2019 to $247,472 in 2023 warrants attention, though it remains a manageable portion of their total assets. Overall, New Level Sports appears to be a financially healthy and growing organization with a strong commitment to its mission, supported by consistent revenue growth and prudent expense management.