Is Vitesse Soccer Inc Legit?

Vitesse Soccer Inc. demonstrates a consistent commitment to its mission, as evidenced by its financial filings. The organization has maintained a lean operational structure, with no reported officer compensation across all available filings, which is a strong indicator of volunteer-driven leadership and efficient use of donor funds. While the organization has experienced fluctuations in revenue and expenses, it has generally operated with a modest surplus or deficit, indicating careful financial management. For instance, in 2023, expenses slightly exceeded revenue ($127,225 vs. $125,139), but this is not uncommon for a small nonprofit managing program delivery. The organization's assets have grown over time, from $22,777 in 2011 to $60,659 currently, suggesting a degree of financial stability and capacity building. The consistent reporting of liabilities around $16,570 for several years (2019-2022) suggests stable, perhaps long-term, obligations that are being managed.