Quick charity verification for Delaware Seaside Railroad Club Inc (EIN: 205762923)
Verdict: Delaware Seaside Railroad Club Inc appears trustworthy
95/100Mission Score
$73KRevenue
$64KAssets
0Red Flags
3Strengths
No red flags identified.
Strengths
Zero officer compensation, indicating high dedication of resources to mission.
Strong financial position with $0 liabilities and $53,945 in assets.
Positive net income in the latest reported period ($61,028 revenue vs. $42,564 expenses).
AI Transparency Report
The Delaware Seaside Railroad Club Inc appears to be in sound financial health, operating with a positive net income in its latest reported period. With revenue of $61,028 and expenses of $42,564 in 2023, the organization is effectively managing its costs relative to its income. Its assets of $53,945 and zero liabilities indicate a strong balance sheet and no apparent financial distress. The club's focus on its mission is further supported by the absence of officer compensation, suggesting that resources are primarily directed towards its programmatic activities rather than executive salaries. This financial structure points to a well-managed and fiscally responsible organization.