No red flags identified.
AI Transparency Report
Northern Athletics Conference Inc demonstrates consistent financial operations, with revenues generally covering expenses over the past decade. The organization's assets have shown significant growth, increasing from $45,120 in 2014 to $324,967 in 2023, indicating sound financial management and accumulation of reserves. The most recent filing (2023) shows revenue of $470,763 exceeding expenses of $426,594, contributing to a healthy asset base. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, and a clear indication of 0% officer compensation, which suggests resources are directed towards its mission rather than executive salaries.
While specific program spending percentages are not detailed in the provided data, the overall financial health appears stable. The organization has managed to maintain positive net assets and has shown resilience, even experiencing a revenue surge in 2021 to $627,961. The absence of officer compensation is a strong positive indicator for donor confidence regarding executive pay. The relatively low liabilities across most years also point to prudent financial management.
Overall, Northern Athletics Conference Inc appears to be a financially stable and transparent organization. Its consistent growth in assets, ability to manage expenses within revenue, and the clear disclosure of no officer compensation contribute to a positive assessment of its financial health and operational integrity.