Is North East Biosolids And Residuals Association Legit?

Quick charity verification for North East Biosolids And Residuals Association (EIN: 20496366)

Verdict: North East Biosolids And Residuals Association appears trustworthy

85/100Mission Score
$169KRevenue
$52KAssets
1Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The North East Biosolids And Residuals Association (NEBRA) demonstrates consistent financial activity, with revenues fluctuating between approximately $87,000 and $261,000 over the past decade. The organization generally operates near break-even, with expenses closely tracking revenues. For instance, in 2023, revenues were $149,160 against expenses of $119,226, indicating a surplus. However, there have been periods of deficit, such as in 2022 and 2021 where expenses exceeded revenues by $17,764 and $35,505 respectively. This suggests a need for careful financial planning to maintain stability. NEBRA's asset base is relatively modest, peaking at $61,463 in 2020 and currently standing at $38,128 as of 2023. The organization consistently reports zero liabilities in recent years, which is a strong indicator of financial health and low debt burden. This lack of debt contributes positively to its overall financial stability. Regarding transparency and efficiency, the consistent reporting of 0% officer compensation across all available filings is a significant strength, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can be viewed favorably by donors. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging, but the overall operational pattern suggests a lean organization focused on its mission.

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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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