Is Boothbay Harbor One Design Association Legit?

Quick charity verification for Boothbay Harbor One Design Association (EIN: 10543449)

Verdict: Boothbay Harbor One Design Association appears trustworthy

75/100Mission Score
$0Revenue
$0Assets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Boothbay Harbor One Design Association exhibits inconsistent financial activity over the past five years, with revenue fluctuating significantly from a high of $376,271 in 2017 to $0 in the latest period, and expenses showing similar volatility, including a substantial $424,173 in 2018. Despite these fluctuations, the organization consistently reports $0 in liabilities, indicating a healthy balance sheet without debt. Their assets have also varied, peaking at $384,892 in 2017 and currently standing at $0, which suggests a potential winding down or a period of inactivity. The consistent reporting of 0% officer compensation across all filings indicates a volunteer-driven leadership, which is a positive sign for donor confidence regarding executive pay.

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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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