Is Neshoba Central Band Parents Legit?

Quick charity verification for Neshoba Central Band Parents (EIN: 202024767)

Verdict: Neshoba Central Band Parents appears trustworthy

90/100Mission Score
$213KRevenue
$24KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Neshoba Central Band Parents demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the latest filing period (202406), the organization reported revenues of $268,961 and expenses of $267,519, indicating that nearly all funds are being utilized for its activities. The organization has maintained a healthy financial position with no reported liabilities across all filing periods, suggesting sound financial management. While assets have fluctuated, from a high of $29,801 in 202106 to $4,642 in 202406, this is not necessarily a concern for an organization that expends most of its revenue annually. The consistent reporting of 0% officer compensation across all filings highlights a volunteer-driven model, which is a strong indicator of efficiency and dedication to maximizing funds for program delivery. The organization's financial health appears stable, with revenue growth from $90,383 in 202106 to $268,961 in 202406. This growth, coupled with expenses closely matching revenue, suggests effective resource allocation. The absence of liabilities further strengthens its financial standing. The NTEE code O99 (Other) is broad, but given the name, it's likely supporting school band activities. The lack of officer compensation is a significant positive for spending efficiency, as it means more funds are directly available for the band's needs. Overall, Neshoba Central Band Parents appears to be a well-managed and transparent organization, effectively utilizing its resources to support its stated purpose.

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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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