Is Hillgrove Basketball Booster Club Legit?

Quick charity verification for Hillgrove Basketball Booster Club (EIN: 205633626)

Verdict: Hillgrove Basketball Booster Club appears trustworthy

90/100Mission Score
$200KRevenue
$48KAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

AI Transparency Report

Hillgrove Basketball Booster Club demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. For instance, in the 202306 period, the organization reported revenues of $166,435 against expenses of $172,457, indicating a slight operational deficit. However, this is not uncommon for booster clubs that aim to spend funds raised directly on their programs. The organization consistently reports zero liabilities in recent years, suggesting good financial management and no reliance on debt. Their assets have fluctuated but remain modest, with $39,455 reported in 202306, which is appropriate for an organization of its size and mission. The consistent reporting of 0% officer compensation across all filings indicates a volunteer-driven leadership, enhancing its spending efficiency and transparency regarding administrative costs. The club's financial health appears stable, with a clear focus on supporting its basketball program. The absence of officer compensation is a significant positive indicator of efficiency, as all funds raised can be directed towards the program's needs. While specific program spending ratios are not detailed in the provided summary, the nature of a booster club implies that the vast majority of expenses are program-related. The consistent filing of IRS Form 990s over many years also demonstrates a commitment to transparency and compliance with regulatory requirements.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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