Quick charity verification for Lake Forest Hockey Association Inc (EIN: 200686571)
Verdict: Lake Forest Hockey Association Inc appears trustworthy
85/100Mission Score
$552KRevenue
$107KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Strong program spending ratio of 75%
Reasonable administrative overhead at 15%
Modest fundraising costs at 10%
Positive asset position relative to revenue ($106,519 in assets for $552,290 revenue)
AI Transparency Report
Lake Forest Hockey Association Inc. appears to be a small, community-focused organization with a relatively healthy financial position given its scale. With total revenue of $552,290 and assets of $106,519, the organization is managing its resources effectively to support its mission. The spending breakdown indicates a strong commitment to its programs, with 75% of expenses directed towards program services, which is a positive indicator of efficiency. Administrative costs are at 15%, and fundraising at 10%, both within reasonable bounds for an organization of this size, suggesting efficient operational management and fundraising efforts. The organization's financial health seems stable, with sufficient assets to cover immediate needs and support ongoing operations.