Is Indianola Youth Athletic Association Inc Legit?

The Indianola Youth Athletic Association Inc. appears to be in a state of financial dormancy or decline, as indicated by its latest reported revenue and assets of $0. This is a significant change from previous years where it reported revenues ranging from $26,765 to $90,974. The organization's financial health has been inconsistent, with a notable period of high liabilities, reaching $165,075 in 2011 and $100,075 in 2012, far exceeding its assets in those years. While officer compensation has consistently been reported as 0%, which is positive for donor confidence, the current lack of financial activity raises questions about its operational status and future viability. Spending efficiency is difficult to assess accurately given the current $0 revenue and assets. In prior years, expenses were relatively low compared to revenue, for example, $785 in expenses against $26,765 in revenue in 2014, suggesting a high program spending ratio if those expenses were program-related. However, without a detailed breakdown of expenses in the filings, it's challenging to determine the exact allocation between programs, administration, and fundraising. The organization's transparency is moderate; while it files its 990s, the lack of detailed expense breakdowns and the current dormant financial state limit a comprehensive understanding of its operations. Overall, the organization's financial health is currently very poor, with no reported assets or revenue. Its past financial history shows periods of significant liabilities. While it has maintained 0% officer compensation, the current financial inactivity is a major concern for its ability to fulfill its mission.