Is Ojitos Frios Ranches Homeowners Association Unit 1 Legit?
Quick charity verification for Ojitos Frios Ranches Homeowners Association Unit 1 (EIN: 10848333)
Verdict: Ojitos Frios Ranches Homeowners Association Unit 1 shows mixed signals
65/100Mission Score
$0Revenue
$0Assets
2Red Flags
2Strengths
Red Flags
Significant deficit in the 202005 filing (expenses $26,487 vs. revenue $14,103)
Latest reported revenue and assets are $0, raising questions about current operational status.
Strengths
No reported officer compensation in the 202005 filing, suggesting volunteer leadership.
Low liabilities ($0 in 202005 filing) indicates a lack of debt.
AI Transparency Report
Ojitos Frios Ranches Homeowners Association Unit 1 appears to be a very small organization, as indicated by its latest reported revenue of $0 and assets of $0. The single available filing from the period 202005 shows revenue of $14,103 and expenses of $26,487, suggesting a deficit for that period. Given the nature of a homeowners association, its financial activities are likely focused on maintaining common areas and services for its members. The lack of reported officer compensation in the 202005 filing suggests that leadership may be volunteer-based or compensated through other means not captured in this specific line item, which is common for small, member-driven organizations. The organization's financial health is difficult to fully assess with only one historical filing and current zero revenue/assets, but it appears to operate on a very limited budget.