Is North Texas State Soccer Association Inc Legit?

The North Texas State Soccer Association Inc. demonstrates a generally healthy financial position with consistent revenue growth over the past four years, increasing from $541,545 in 2021 to $751,866 in 2024. The organization maintains a strong asset base, growing from $780,670 to $1,092,986 in the same period, with zero reported liabilities across all filings, indicating excellent financial stability and low risk. This suggests effective management of resources and a strong balance sheet. Spending efficiency appears reasonable, with expenses consistently lower than revenue, allowing for asset accumulation. The absence of reported officer compensation across all filings is a significant positive indicator of transparency and a focus on mission-related spending rather than executive enrichment. This practice aligns well with good governance and ensures that funds are directed towards the organization's programs. The consistent growth in assets without incurring liabilities further reinforces a picture of prudent financial management. Overall, the organization exhibits strong financial health, good spending efficiency given its asset growth and lack of liabilities, and high transparency regarding executive compensation. The consistent financial performance and lack of debt are commendable, suggesting a well-managed and sustainable operation.