Is Fire Wagon Hockey Inc Legit?

Fire Wagon Hockey Inc. demonstrates consistent financial operations, with revenues generally exceeding expenses over the past decade. In 2022, the organization reported revenues of $1,962,679 against expenses of $1,850,665, indicating a healthy surplus. The organization's assets have remained substantial, at $6,996,975 in 2022, though they have seen a slight decrease from a peak of $7,503,090 in 2018. Liabilities have also shown a downward trend, from $5,809,387 in 2014 to $4,284,331 in 2022, which is a positive indicator of financial stability and debt management. The organization's spending efficiency appears strong, as evidenced by the consistent surpluses. A key aspect of their transparency is the reported 0% officer compensation across all available filings, suggesting that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a notable practice for a nonprofit of this size. This practice, combined with consistent filing of IRS Form 990s, points to a commitment to financial accountability. While the provided data doesn't detail the exact breakdown of program, administrative, and fundraising expenses, the overall financial health, consistent revenue generation, and lack of reported officer compensation contribute to a positive view of their financial management and transparency. The organization's ability to maintain significant assets while reducing liabilities further strengthens this assessment.