Is Kansas State Catbackers Inc Legit?

Kansas State Catbackers Inc demonstrates a generally healthy financial trajectory, particularly in recent years. The organization has shown consistent revenue growth, with a significant jump from $97,273 in 2021 to $279,066 in 2023. This growth has allowed for an increase in assets, reaching $370,722 in 2023, while maintaining zero liabilities across all reported periods, indicating strong financial stability and responsible management of debt. The absence of officer compensation further enhances its transparency and suggests that resources are primarily directed towards its mission. Spending efficiency appears strong, as evidenced by the consistent surplus of revenue over expenses in the most recent filings (e.g., $279,066 revenue vs. $209,402 expenses in 2023). While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall financial health and lack of liabilities are positive indicators. The organization's consistent filing history over 13 periods also points to a commitment to transparency. However, without a specific breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is limited. The organization's financial health is robust, characterized by increasing assets and no liabilities, which are strong indicators of sustainability. The consistent growth in revenue and assets, coupled with zero officer compensation, paints a picture of a well-managed and financially sound nonprofit.