Is North Stars Youth Hockey Association Inc Legit?

North Stars Youth Hockey Association Inc. demonstrates consistent financial activity, with revenues and expenses fluctuating over the past decade. In the most recent filing (202312), the organization reported revenues of $336,085 against expenses of $343,917, indicating a slight deficit for the period. This trend of expenses sometimes exceeding revenue is also visible in 202212 and 202012. However, the organization maintains a healthy asset base, with $105,912 in assets and no reported liabilities in 202312, suggesting good financial stability despite periodic operational deficits. The absence of officer compensation across all reported periods is a strong indicator of volunteer-driven leadership and efficient use of funds, contributing positively to its financial health and transparency. The organization's spending efficiency appears strong given the lack of officer compensation, implying that a significant portion of funds is directed towards its programs. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the zero officer compensation suggests a lean operational structure. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency, allowing public scrutiny of its financial activities. The organization's ability to maintain assets without incurring liabilities further underscores its prudent financial management.