Is Anderson Elementary Pto Legit?

Quick charity verification for Anderson Elementary Pto (EIN: 205813519)

Verdict: Anderson Elementary Pto appears trustworthy

92/100Mission Score
$68KRevenue
$31KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Anderson Elementary PTO demonstrates consistent financial activity typical of a parent-teacher organization, with revenues and expenses fluctuating based on annual fundraising and school support initiatives. For example, in 2024, the organization reported revenues of $56,138 against expenses of $70,598, indicating a year where expenses exceeded income, potentially due to significant program spending or timing of revenue recognition. Conversely, in 2023, revenues of $62,705 significantly outpaced expenses of $47,312, allowing for asset growth. The organization consistently reports zero liabilities and zero officer compensation, which are strong indicators of financial health and a volunteer-driven model. The PTO's financial health appears stable, with assets generally growing over time, reaching $63,163 in 2024 from $33,547 in 2015. The absence of officer compensation is a key strength, ensuring that all funds raised are directed towards the organization's mission. While there are periods where expenses exceed revenue (e.g., 2024, 2021, 2017, 2015), these are often balanced by years of surplus, suggesting a strategic approach to funding school projects and activities rather than chronic overspending. The organization's consistent filing of IRS Form 990-EZ indicates a commitment to transparency for its size and operational scope. Spending efficiency is high given the volunteer nature and zero officer compensation. The fluctuations in revenue and expenses are expected for a PTO, reflecting varying levels of fundraising success and the needs of the school community in any given year. The organization's consistent reporting of zero liabilities further underscores a prudent financial management approach, avoiding debt and maintaining a healthy balance sheet. Overall, Anderson Elementary PTO appears to be a well-managed, transparent, and efficient organization for its size and purpose.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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