Is Greely Hockey Boosters Club Legit?

Greely Hockey Boosters Club demonstrates consistent financial health with a stable revenue stream and healthy asset growth over the past several years. The organization consistently operates with a surplus, as seen in the latest filing period (202404) where revenue was $88,861 against expenses of $82,231, leading to an increase in assets to $117,761. Their liabilities consistently remain at $0, indicating strong financial management and no reliance on debt. The organization's spending efficiency appears strong, particularly given that officer compensation is consistently reported as 0% across all available filings. This suggests that the organization is run by volunteers, maximizing the proportion of funds directly supporting its mission. While a detailed breakdown of program vs. administrative vs. fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a significant positive indicator of efficiency. Transparency is high due to consistent IRS 990 filings and the clear reporting of financial metrics. The consistent growth in assets, from $71,957 in 2020 to $117,761 in 2024, further underscores a well-managed and financially stable operation. The organization's focus on its mission is likely strong given the volunteer-led structure.