No red flags identified.
AI Transparency Report
The Lebanon Booster Club demonstrates consistent financial health, particularly in recent years, with a positive net income in most periods. For instance, in the 202306 period, the organization reported revenue of $73,198 against expenses of $47,040, indicating a healthy surplus. Their assets have also shown steady growth, increasing from $5,078 in 201512 to $100,876 in 202306, suggesting good financial management and accumulation of resources. The organization's liabilities have consistently been low or zero, indicating a strong balance sheet and minimal debt burden.
Spending efficiency appears strong, as evidenced by the consistent surpluses and asset growth. While specific program, administrative, and fundraising expense breakdowns are not explicitly detailed in the provided summary, the overall financial performance suggests that the majority of funds are being managed effectively. The absence of reported officer compensation across all filings is a significant indicator of efficiency and a volunteer-driven model, which typically means more funds are directed towards the mission.
Transparency is high given the consistent filing of IRS Form 990s over many years. The lack of officer compensation also contributes to a perception of transparency and dedication to the cause. The organization's financial data, showing consistent growth and responsible management, paints a picture of a well-run and accountable nonprofit.