Quick charity verification for Colebrook Ski Bees (EIN: 20377627)
Verdict: Colebrook Ski Bees appears trustworthy
85/100Mission Score
$439KRevenue
$707KAssets
1Red Flags
4Strengths
Red Flags
Expenses consistently exceed revenue in reported periods
Strengths
Strong asset growth from $541,180 to $706,950
0% officer compensation reported in both filings
Very low liabilities ($1,231 in 2024, $11,047 in 2023)
Good financial transparency regarding executive pay
AI Transparency Report
The Colebrook Ski Bees demonstrate a generally stable financial position, with assets growing from $541,180 in 2024 to $706,950 currently, indicating good asset management. While expenses have exceeded revenue in both reported periods ($212,329 vs $160,332 in 2024 and $285,350 vs $263,104 in 2023), the organization maintains a healthy asset base. The consistent reporting of 0% officer compensation is a strong indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries. The organization's liabilities are also very low, further supporting its financial stability.