Is Horseshoe Fish And Game Club Legit?

The Horseshoe Fish And Game Club demonstrates consistent financial stability with a healthy asset base relative to its revenue. In the latest period (201912), the organization reported $147,200 in assets against $42,104 in revenue, indicating a solid financial foundation. While expenses ($43,487) slightly exceeded revenue in 201912, this is not a consistent trend, as seen in prior years like 201712 where revenue ($79,941) significantly outpaced expenses ($37,819). The organization consistently reports zero liabilities, which is a strong indicator of financial health and responsible management, avoiding debt. The absence of officer compensation across all reported periods suggests a volunteer-driven leadership model, which can contribute to lower administrative costs and a higher proportion of funds directed towards programs. The organization's spending efficiency appears strong, particularly given the lack of officer compensation. Without detailed breakdowns of program, administrative, and fundraising expenses, it's challenging to precisely quantify efficiency ratios. However, the consistent reporting of zero liabilities and the generally stable financial position suggest that resources are managed prudently. The club's financial operations appear straightforward, with revenue and expenses fluctuating but generally maintaining a positive asset trend over time, growing from $89,884 in 201112 to $147,200 in 201912. Transparency is good in terms of public filings, with 9 years of IRS 990 data available. The consistent reporting of zero officer compensation is a key transparency point, indicating that leadership is not drawing salaries from the organization's funds. However, without more detailed expense breakdowns within the 990 filings (e.g., specific program service expenses vs. general and administrative), a deeper analysis of spending efficiency and program impact is limited. The overall picture is one of a financially stable, volunteer-led organization with clear financial reporting.