No red flags identified.
AI Transparency Report
Milton Legacy Baseball Inc demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade. For instance, in 2022, revenue was $176,856 against expenses of $120,228, indicating a healthy surplus. The organization maintains a strong asset base, growing from $535,506 in 2013 to $652,936 in 2022, while effectively eliminating liabilities, which stood at $142,961 in 2013 and were $0 in 2022. This suggests sound financial management and a focus on long-term stability.
The organization's spending efficiency appears robust, particularly given the consistent lack of officer compensation reported across all filings, indicating that leadership is likely volunteer-based. This significantly reduces administrative overhead, allowing a greater proportion of funds to be directed towards its mission. The elimination of liabilities further underscores efficient resource allocation and responsible financial stewardship.
Transparency is high, as evidenced by the consistent filing of IRS Form 990s over 12 periods and the clear reporting of zero officer compensation. The consistent growth in assets and reduction in liabilities, all publicly available, contribute to a strong perception of accountability and good governance. The NTEE code N60 (Recreational, Sports, Leisure, & Athletics) aligns well with the organization's name, suggesting a clear programmatic focus.