Is United States Bowling Congress Inc Legit?

The United States Bowling Congress Inc. (USBC) exhibits fluctuating financial performance over the past decade. In 2022, the organization reported a significant deficit, with expenses of $44,372,934 exceeding revenue of $35,512,399. This contrasts sharply with 2021, where revenue of $68,368,844 far outpaced expenses of $34,446,673, indicating a substantial surplus. The organization's assets have grown considerably, from $40,719,897 in 2012 to $135,975,362 in 2022, though liabilities have also increased, reaching $119,560,323 in 2022. This high level of liabilities relative to assets, particularly in 2022, warrants closer examination. While the provided data does not offer a detailed breakdown of spending efficiency (program vs. administrative vs. fundraising), the consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing executive overhead, or that compensation is structured in a way that isn't reported as 'officer compensation' in the standard 990 summary. The significant swings in revenue and expenses year-over-year, especially the large deficit in 2022 following a large surplus in 2021, suggest potential volatility in funding or operational costs that could impact long-term financial stability. Further detail on the nature of these revenue and expense fluctuations would be beneficial for a complete assessment of financial health. Transparency regarding executive compensation appears high, with no reported officer compensation. However, without a detailed functional expense breakdown, it's challenging to fully assess spending efficiency. The organization's substantial asset base, despite the 2022 deficit, provides some financial cushion, but the growing liabilities are a concern. The NTEE code N70 (Sports, Recreational, & Leisure Activities) aligns with the organization's name, suggesting a clear program focus.