Is Asheville Buncombe Adult Soccer Association Legit?

Quick charity verification for Asheville Buncombe Adult Soccer Association (EIN: 201798495)

Verdict: Asheville Buncombe Adult Soccer Association appears trustworthy

92/100Mission Score
$345KRevenue
$291KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

The Asheville Buncombe Adult Soccer Association demonstrates consistent financial activity over its filing history, with revenues fluctuating between $260,736 and $362,266. The organization maintains a healthy asset base, growing from $60,832 in 2015 to $291,470 currently, with minimal to no liabilities reported, indicating strong financial solvency. Their expenses generally align closely with revenues, suggesting a lean operational model focused on utilizing funds for current activities rather than accumulating large surpluses. The consistent reporting of 0% officer compensation across all filings is a significant indicator of transparency and a volunteer-driven leadership structure, which is commendable for a nonprofit of this size. The organization's financial health appears stable, with a positive trend in asset growth. The close alignment of expenses to revenue, while not building significant reserves, indicates that the majority of funds are being directly applied to its mission. The absence of reported liabilities further strengthens its financial position. The transparency regarding executive compensation, or lack thereof, is a strong positive, suggesting that resources are not being diverted to high administrative salaries. Overall, the association appears to be a well-managed entity with a clear focus on its program delivery.

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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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