Quick charity verification for Friends Of Newmarket Recreation Inc (EIN: 20447834)
Verdict: Friends Of Newmarket Recreation Inc shows mixed signals
50/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
No recent financial filings available
Latest reported revenue and assets are $0, indicating potential inactivity
Expenses ($9,704) significantly exceeded revenue ($3,140) in the last active period (2013)
Strengths
No officer compensation reported in 2013, indicating efficient use of funds for leadership
No liabilities reported in 2013, suggesting good financial management at that time
AI Transparency Report
Friends Of Newmarket Recreation Inc appears to be a very small, community-focused organization. Based on the single available filing from 2013, the organization had minimal revenue of $3,140 and expenses of $9,704, indicating it spent more than it brought in during that period. Its assets were $23,368 with no liabilities, suggesting a healthy balance sheet at that time. However, the latest data shows $0 in both revenue and assets, which could indicate inactivity or a significant change in operations since the 2013 filing. The lack of recent financial activity makes a current assessment of financial health challenging, and the absence of more recent filings limits transparency.