Is Mexican Haas Avocado Importers Association Legit?

The Mexican Haas Avocado Importers Association demonstrates consistent financial activity, with revenues and expenses typically in the range of $30-50 million annually. In the latest filing (202306), the organization reported revenues of $51,709,910 against expenses of $49,065,897, indicating a surplus for the period. Over the past several years, the organization has generally managed to keep expenses below or close to revenue, though there was a notable deficit in 202206 where expenses ($48,352,376) exceeded revenue ($43,648,629). The organization's assets have shown growth, reaching $13,664,843 in 202306, up from $10,238,623 in 202206, suggesting a healthy financial position. Liabilities remain relatively low compared to assets, indicating good financial stability. Regarding spending efficiency, without a detailed functional expense breakdown (program, administrative, fundraising), it's challenging to precisely assess efficiency. However, the consistent operational scale and the general trend of managing expenses relative to revenue suggest a degree of operational control. A significant positive indicator for transparency and efficiency is the reported 0% officer compensation across all available filings. This suggests that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is unusual for an organization of this size and could warrant further investigation into how leadership is supported or if key personnel are compensated as contractors or through related entities. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory transparency.