Is National Archery Buyers Association Inc Legit?

The National Archery Buyers Association Inc. demonstrates a mixed financial picture. While the organization has maintained consistent revenue streams, typically in the $200,000-$300,000 range, it has experienced periods of significant net losses, such as in 2023 ($35,728 loss) and 2022 ($84,580 loss), indicating that expenses sometimes outpace income. However, there was a substantial surplus in 2021 ($144,989 gain), which helped bolster assets. The organization's assets have fluctuated, reaching a high of $461,554 in 2021 but declining to $203,787 by 2023. Liabilities have also varied, peaking at $130,339 in 2021, suggesting some financial instability in certain periods. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings is a positive indicator for resource allocation, suggesting that all revenue is directed towards operational costs and mission-related activities rather than executive salaries. This lack of executive compensation also contributes positively to transparency. Overall, the organization appears to be transparent regarding executive compensation, or lack thereof. The fluctuations in net income and asset levels suggest a need for careful financial management to ensure long-term sustainability. While the organization has shown resilience over many years, the recent trend of expenses exceeding revenue in 2022 and 2023 warrants closer examination of spending practices.