My kid did level 1, 2, 3 then scored out of 4 and 5. Everyone in our area does 1 and 2 and yes, they’re a waste of time and money unless your kid loves to compete and is too young for other levels. But my kid also needed more time to mature in body awareness.
I’m gonna be honest and tell you that it is NOT likely she’s going to go from level 2 to level 4. Level 4 has a double back handspring, two kips, jump to high bar, a handstand and cartwheel on beam and most importantly: table vault. That flat back onto a mat stack does not in any way transition to a front hand spring off the table. At least they finally changed the routines so level 3 is a front hand spring over a mat stack and prepares kids. But level 2 literally has nothing that would prepare her for level 4 at all, so don’t get your hopes up that she would skip 3. 3 at least starts introducing elements from level 4 and 5.