Quick charity verification for National Federation Of Music Clubs (EIN: 20737091)
Verdict: National Federation Of Music Clubs appears trustworthy
85/100Mission Score
$52KRevenue
$155KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial stability with assets around $150,000.
Zero reported liabilities across all filings, indicating strong financial health.
0% officer compensation, demonstrating a highly efficient and volunteer-driven leadership.
Stable revenue and expense patterns, suggesting predictable operations.
Long-term asset growth from $99,179 in 2012 to $155,212 currently.
AI Transparency Report
The National Federation Of Music Clubs demonstrates consistent financial stability, maintaining assets around $150,000 with no reported liabilities across its recent filings. Its revenue and expenses have remained relatively stable over the past few years, with the latest period (202406) showing revenue of $47,876 and expenses of $48,665, indicating operations are largely self-sustaining. The organization's transparency is excellent, particularly given its consistent reporting and the absence of officer compensation, which simplifies financial scrutiny and suggests a volunteer-driven leadership model. This approach minimizes administrative overhead, allowing a greater proportion of funds to potentially be directed towards its mission.