AI Transparency Report
Northville Soccer Association demonstrates consistent financial stability with a healthy asset base, reaching $2,166,991 in 2023. The organization consistently operates with zero liabilities, indicating strong financial management and a lack of debt. Revenue has fluctuated over the past decade, peaking around $986,192 in 2016 and showing a recent dip to $737,972 in 2023, but expenses have generally been managed below or near revenue, leading to asset growth. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership structure, which is a positive indicator for donor confidence and efficient use of funds.
The organization's spending efficiency appears strong, particularly given the 0% officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall trend of expenses being less than or equal to revenue, coupled with asset growth, suggests that funds are being managed effectively. The consistent growth in assets from $1,377,650 in 2014 to $2,166,991 in 2023 further supports this.
Transparency is high due to the consistent filing of IRS Form 990s over 13 periods and the clear indication of no officer compensation. This level of detail allows for a good understanding of the organization's financial operations. The consistent reporting of zero liabilities is also a strong sign of financial health and transparency regarding its obligations.