No red flags identified.
AI Transparency Report
Lake Havasu High School Athleticbooster Club Inc demonstrates consistent financial activity supporting high school athletics. Over the past decade, the organization has shown fluctuating but generally increasing revenue, peaking at $329,181 in 2023. Expenses have largely tracked revenue, indicating that most funds are spent in the year they are received, which is typical for a booster club directly supporting ongoing activities. The organization consistently reports zero liabilities and zero officer compensation, which are strong indicators of financial health and a volunteer-driven model. Their assets have grown steadily, reaching $174,587 in the latest filing, providing a modest reserve. The lack of officer compensation also suggests a high degree of transparency and a focus on directing funds to the mission rather than administrative overhead.
The organization's spending efficiency appears high given the consistent reporting of zero officer compensation and no liabilities. While specific program spending percentages aren't detailed in the provided data, the nature of a booster club implies that the vast majority of expenses would be directly related to supporting athletic programs. The consistent growth in assets, even with fluctuating annual revenues and expenses, suggests prudent financial management. The absence of reported liabilities further reinforces a healthy financial position, indicating that the organization is not operating with debt.
Transparency is excellent, primarily due to the consistent reporting of zero officer compensation and zero liabilities across all available filings. This indicates that the organization is run by volunteers and that financial resources are directly applied to its stated purpose. The regular filing of IRS Form 990s over 13 periods also demonstrates a commitment to public accountability. The financial data suggests a well-managed, community-focused entity with a clear dedication to its mission.