Is East Valley Association Of Realtors Legit?

The East Valley Association Of Realtors demonstrates consistent financial stability, with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $1,098,423 against expenses of $1,072,733, indicating a slight surplus. The organization's assets have also shown steady growth, reaching $2,620,107 in 2023 from $1,338,132 in 2014, suggesting good financial management and accumulation of resources. Liabilities remain a relatively small portion of assets, indicating a healthy balance sheet. Spending efficiency appears to be reasonable, though a detailed breakdown of program versus administrative and fundraising expenses is not provided in the summary data. However, the consistent surpluses suggest that the organization is managing its expenditures within its income. The absence of reported officer compensation is a notable aspect, potentially indicating a volunteer-led executive structure or that compensation falls below reporting thresholds, which can be a positive sign for donor confidence regarding overhead. Transparency, based on the provided data, is good in terms of regular IRS 990 filings. The organization has a robust filing history with 13 filings, demonstrating consistent compliance. The lack of reported officer compensation in the provided data, while potentially positive, also means less insight into how leadership is compensated, which could be a point for further inquiry for complete transparency.