Is Isle Of Springs Tennis Club Legit?

Quick charity verification for Isle Of Springs Tennis Club (EIN: 10346006)

Verdict: Isle Of Springs Tennis Club appears trustworthy

85/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Isle Of Springs Tennis Club appears to be a very small, community-focused organization with minimal financial activity. In its latest reported period (201112), the organization reported $8,937 in revenue and $10,272 in expenses, resulting in a net deficit for that year. Prior to that, in 201012, it had $3,579 in revenue against $3,077 in expenses. The organization consistently reports $0 in assets and liabilities in its most recent filing, which suggests either very limited capital or that its assets are not formally held by the club itself. The lack of officer compensation in both filings indicates a volunteer-driven structure, which is common for small clubs and contributes to efficient use of funds for its stated purpose. Given the extremely low revenue and expense figures, the organization's financial health is stable for its size, as it operates on a very small scale. The absence of officer compensation suggests a high degree of spending efficiency, as all funds are likely directed towards operational costs related to the tennis club. Transparency is adequate for an organization of this size, with public filings available, and the lack of complex financial structures simplifies understanding its operations. However, the 'Unknown' NTEE code and the very limited financial data make a deeper analysis challenging.

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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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