Is Silver Falls Soccer Club Legit?

Silver Falls Soccer Club demonstrates consistent financial stability and growth, particularly in recent years. In 2023, the organization reported revenue of $70,720 against expenses of $65,820, resulting in a positive net income. Their assets have steadily increased, reaching $38,348 in 2023 with no reported liabilities, indicating a healthy balance sheet. The club's commitment to transparency is evident through its consistent filing of IRS Form 990, and the absence of officer compensation across all reported periods suggests that leadership is volunteer-based, which is common for smaller, community-focused organizations. This structure helps maximize funds available for program delivery. The organization's spending efficiency appears strong, especially given its small scale. With no officer compensation, a significant portion of its revenue is likely directed towards its programmatic activities, such as youth soccer programs. 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 focused on its mission. The consistent growth in revenue and assets over the past decade, from $51,534 in 2011 to $70,720 in 2023, further underscores its sustainable financial management. Overall, Silver Falls Soccer Club appears to be a well-managed and transparent organization. Its financial health is robust, with growing assets and no liabilities, and its operational model, characterized by volunteer leadership, contributes to efficient resource allocation. The consistent filing of financial documents and the clear financial trajectory indicate a commitment to accountability and effective stewardship of donor funds.