Is Sudbury Youth Basketball Legit?

Sudbury Youth Basketball demonstrates a generally stable financial position, with recent revenue growth. In the latest filing (202406), the organization reported revenue of $273,484 against expenses of $278,427, indicating a slight operational deficit for that period. However, the prior year (202306) showed a healthy surplus with $253,493 in revenue against $180,686 in expenses. The organization's assets have shown significant growth, from $61,061 in 2021 to $170,730 in 2024, suggesting effective asset management and accumulation over time. The consistent reporting of zero liabilities across all filings indicates a strong balance sheet and minimal debt burden, which is a positive indicator of financial health. The absence of officer compensation also points to a volunteer-driven model, enhancing efficiency and ensuring more funds are directed towards programs. While specific program spending percentages are not detailed in the provided data, the overall financial health appears sound, supported by growing assets and a history of managing expenses close to revenue. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency. The organization's ability to operate without incurring liabilities and without paid executive compensation suggests a highly efficient operational structure, likely relying heavily on volunteer efforts to deliver its mission.