No red flags identified.
AI Transparency Report
Brandon Area Soccer Association demonstrates consistent financial activity, with revenues and expenses generally in line with each other over the past decade. For instance, in 2023, the organization reported revenues of $169,831 against expenses of $176,766, indicating a slight operational deficit, which is not uncommon for a small nonprofit. The organization consistently reports zero liabilities and zero officer compensation, which are strong indicators of financial stability and a volunteer-driven model. Their assets have shown steady growth, from $55,214 in 2014 to $123,147 in 2023, suggesting prudent financial management and accumulation of resources.
The organization's financial health appears stable, with a healthy asset base relative to its annual revenue. The absence of officer compensation is a significant positive for spending efficiency, as it means all funds are directed towards programs and administrative overhead. While specific program spending ratios aren't detailed in the provided data, the overall financial picture suggests a lean operation. Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of key financial metrics like zero liabilities and officer compensation.