Is Friends Of Centennial Hall Inc Legit?

Friends Of Centennial Hall Inc demonstrates a generally stable financial position, with assets consistently over $1 million in recent years, reaching $1,161,326 in 2023. The organization's revenue has fluctuated, with a notable peak of $325,634 in 2019 and a more recent high of $214,887 in 2023. Expenses have also varied, but the organization has often operated with a surplus, such as in 2023 where revenue exceeded expenses by nearly $9,000. A key aspect of their financial health is the absence of reported officer compensation across all available filings, suggesting a volunteer-driven leadership model which can contribute to lower administrative costs. The organization's liabilities have remained relatively low compared to its assets, indicating good financial stability. The NTEE code A80 suggests a focus on historical societies and related activities, aligning with the 'Centennial Hall' name.