Is Prosper Sports Association Inc Legit?

Prosper Sports Association Inc demonstrates consistent financial growth over the past decade, with revenue increasing from $298,953 in 2014 to $872,790 in 2023. The organization consistently operates with a positive net income, indicating sound financial management and sustainability. For instance, in 2023, revenue exceeded expenses by $86,768 ($872,790 revenue vs. $786,022 expenses). This trend of revenue growth outpacing expense growth in most years suggests a healthy financial trajectory. The organization's spending efficiency appears strong, particularly given its consistent reporting of 0% officer compensation across all available filings. This indicates that leadership is likely volunteer-based or compensated through other means not categorized as officer compensation, which can free up more funds for program delivery. The absence of liabilities in all reported periods is a significant strength, demonstrating excellent fiscal responsibility and a lack of debt burden. In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, providing a comprehensive look at its financial operations over many years. The consistent reporting of zero liabilities and zero officer compensation enhances trust and suggests a lean operational model focused on its mission. The steady growth in assets, reaching $324,428 in 2023, further solidifies its financial stability and capacity.