Is Arkansas State Usbc Legit?

Arkansas State Usbc demonstrates consistent financial stability with revenues generally exceeding expenses, as seen in the 202307 period where revenue was $201,585 against expenses of $192,438. The organization maintains a healthy asset base, with assets growing from $52,991 in 201207 to $123,508 in 202307, and consistently reports zero liabilities in recent years, indicating strong financial management and low debt risk. The absence of officer compensation reported across all available filings suggests a volunteer-driven leadership structure, which can contribute to lower administrative costs and a higher proportion of funds directed towards programs. The organization's spending efficiency appears strong, particularly given the lack of reported officer compensation. While a detailed functional expense breakdown (program, administrative, fundraising) is not explicitly provided in the summary data, the overall financial health and the absence of executive salaries imply a lean operational model. The consistent filing of IRS Form 990s over a decade indicates a commitment to transparency, allowing public scrutiny of its financial activities. The fluctuation in revenue, such as the peak of $251,850 in 201907 followed by a dip, suggests some variability in funding or activity levels, but the organization has consistently managed to operate within its means. Overall, Arkansas State Usbc appears to be a financially sound and transparent organization. Its ability to maintain a positive net asset position, manage expenses effectively, and operate without executive compensation are significant indicators of good financial health and a strong commitment to its mission. The consistent growth in assets over the long term further reinforces its stability and capacity.