No red flags identified.
AI Transparency Report
The Centennial High School Football Booster Club demonstrates consistent financial activity, with annual revenues typically ranging from $55,607 to $184,067 over the past decade. The organization's latest reported revenue of $184,067 in 2023 indicates a healthy operational scale for a booster club. Assets have shown growth, reaching $151,130 in 2023, which is a positive indicator of financial stability. The club consistently reports 0% officer compensation, which is a strong sign of volunteer-driven operations and efficient use of funds directly for its mission.
Spending efficiency appears to be well-managed, with expenses generally aligning with or slightly below revenues in most years, such as $135,985 in expenses against $184,067 in revenue in 2023. This suggests a focus on utilizing funds for current activities rather than accumulating excessive reserves, which is typical for a booster club. The consistent reporting of minimal liabilities, such as $2,995 in 2023, further underscores sound financial management.
Transparency is high given the consistent filing of IRS Form 990s over 11 periods and the clear disclosure of 0% officer compensation. This level of detail allows for a clear understanding of the organization's financial operations and commitment to its stated purpose of supporting the football program. The absence of significant liabilities and the steady asset growth further contribute to a positive assessment of its financial health and transparency.