Is Farmington Valley Mudhogs Inc Legit?

Farmington Valley Mudhogs Inc demonstrates consistent financial health, with a notable increase in revenue and assets over the past few years. In the latest filing (202303), the organization reported revenues of $127,177 against expenses of $109,385, resulting in a surplus that contributed to an increase in assets to $77,721. This trend of revenue exceeding expenses is generally positive, indicating sound financial management and sustainability. The organization has consistently reported zero liabilities across all available filings, which is a strong indicator of financial stability and low risk. The organization's spending efficiency appears strong, particularly given the consistent absence of officer compensation reported across all filings. This suggests that resources are primarily directed towards its mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial picture suggests a lean operational model. The significant growth in revenue from $24,243 in 202103 to $127,177 in 202303, alongside increasing assets, points to effective fundraising and program delivery. Transparency is high, as evidenced by the consistent filing of IRS Form 990s and the clear reporting of key financial metrics. The absence of liabilities and officer compensation further enhances trust. The organization's financial trajectory, especially the recent growth, suggests a well-managed entity focused on its stated purpose.