Is Laker Booster Club Inc Legit?

Laker Booster Club Inc demonstrates consistent financial health with stable revenue streams and a strong asset base. Over the past five years, revenue has fluctuated but generally remained in the $113,000 - $195,000 range, with the latest reported revenue at $210,216. The organization consistently maintains a healthy reserve, with assets of $337,902 as of the latest filing, and has reported zero liabilities in its most recent filings (2022-2024), indicating strong financial management and solvency. The organization's spending efficiency appears high, as it consistently reports 0% officer compensation, suggesting that its leadership is volunteer-based, which minimizes administrative overhead. While specific program spending percentages are not detailed in the provided data, the absence of officer compensation is a positive indicator for efficient use of funds. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency, allowing public scrutiny of its financial activities. Overall, Laker Booster Club Inc appears to be a well-managed and financially stable organization, effectively utilizing its resources given its consistent revenue and asset growth, and its commitment to transparency through regular filings and zero reported officer compensation.