Is Bihar Jharkhand Association Of North America Legit?
Quick charity verification for Bihar Jharkhand Association Of North America (EIN: 132887235)
Verdict: Bihar Jharkhand Association Of North America appears trustworthy
85/100Mission Score
$157KRevenue
$48KAssets
1Red Flags
3Strengths
Red Flags
Zero reported assets and liabilities in recent filings despite significant revenue, which is unusual for a functioning organization.
Strengths
Consistent reporting of 0% officer compensation, indicating a volunteer-driven model.
Revenues generally exceed expenses, suggesting financial stability.
Strong program spending ratio due to minimal administrative overhead from executive compensation.
AI Transparency Report
The Bihar Jharkhand Association Of North America demonstrates a consistent operational pattern with revenues generally exceeding expenses, as seen in 2023 ($115,591 revenue vs. $102,825 expenses) and 2022 ($186,722 revenue vs. $166,850 expenses). However, the organization reported zero assets and liabilities in its 2023 and 2022 filings, which is unusual for an organization with significant revenue and expenses, potentially indicating a cash-basis accounting or immediate distribution of funds. The lack of reported officer compensation across all available filings suggests a volunteer-driven leadership, which is a positive indicator for minimizing administrative overhead. The organization's financial health appears stable given its revenue streams, but the absence of reported assets in recent years warrants further inquiry into its financial management practices.