Is Moosehead Riders Inc Legit?

Quick charity verification for Moosehead Riders Inc (EIN: 10380746)

Verdict: Moosehead Riders Inc appears trustworthy

85/100Mission Score
$113KRevenue
$155KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Moosehead Riders Inc. demonstrates consistent financial activity, with revenues generally fluctuating around the $100,000 to $150,000 range in recent years, peaking at $251,189 in 2015. The organization has maintained a healthy financial position, with assets growing from $33,801 in 2019 to $127,382 in 2022, and liabilities consistently reported as $0 since 2020, indicating strong financial management and solvency. The organization's expenses have generally been well-managed relative to its revenue, with a positive net income in most recent years, such as in 2022 where revenue was $119,783 against expenses of $86,070. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent reporting of zero officer compensation across all filings suggests a volunteer-driven leadership, which is a positive indicator for minimizing overhead. The organization's NTEE code N68 (Recreational & Sporting Camps) suggests a clear program focus. The absence of liabilities in recent years further enhances its financial stability and transparency. However, without detailed expense categories, a precise assessment of spending efficiency across programs, administration, and fundraising remains limited.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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