Is Mtn2 Sea Outfitters Inc Legit?

Quick charity verification for Mtn2 Sea Outfitters Inc (EIN: 202447839)

Verdict: Mtn2 Sea Outfitters Inc appears trustworthy

92/100Mission Score
$910KRevenue
$600KAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Mtn2 Sea Outfitters Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past several years, culminating in a latest reported revenue of $910,163 and assets of $599,615. The organization has consistently maintained a positive net income in most recent periods, indicating sound financial management. For instance, in 2023, revenue was $285,346 against expenses of $282,305, showing a small surplus. The spending efficiency appears strong, as evidenced by the consistent surpluses and growth in assets without incurring liabilities. The absence of reported officer compensation across all filings suggests that resources are primarily directed towards programmatic activities or operational needs rather than executive salaries, which is a positive indicator for donor confidence. The organization's transparency is bolstered by its consistent filing history and the clear financial data provided, showing no liabilities in recent years. While specific program spending ratios are not detailed in the provided data, the overall financial health and lack of executive compensation suggest a focus on mission. The organization has grown significantly since its earlier filings, with revenue increasing from $77,676 in 2012 to $285,346 in 2023, indicating successful fundraising and operational expansion.

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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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