No red flags identified.
AI Transparency Report
Hickory Ridge Athletic Booster Club demonstrates strong financial health and consistent growth, particularly in recent years. Revenue has surged from $39,725 in 2021 to $292,901 in 2024, indicating robust fundraising and community support. The organization consistently maintains zero liabilities, reflecting sound financial management and a lack of debt. Their asset base has also grown significantly, from $34,291 in 2021 to $107,063 in 2024, providing a healthy reserve.
Spending efficiency appears high, with expenses generally tracking below revenue, allowing for asset accumulation. For instance, in 2024, expenses were $265,479 against $292,901 in revenue. The absence of officer compensation reported across all filings is a significant indicator of volunteer-driven operations, which maximizes funds available for programs. This structure inherently boosts spending efficiency by minimizing administrative overhead related to salaries.
Transparency is excellent, primarily due to the consistent filing of IRS Form 990s and the clear reporting of zero officer compensation. This indicates that the organization is run by volunteers, which is a positive sign for donors. The consistent growth in revenue and assets, coupled with no liabilities and no paid officers, paints a picture of a well-managed, community-focused organization that effectively channels resources towards its mission.