Is Parent Booster Usa Inc Legit?

Parent Booster Usa Inc. demonstrates a generally stable, albeit small, financial profile. The organization's revenue has fluctuated over the years, with the latest reported revenue at $64,815 for the period ending 202406, a slight increase from the previous period's $63,323. Expenses have also varied, reaching $72,668 in the most recent filing, exceeding revenue for that period. This indicates a slight operating deficit in the latest year, though the organization has maintained positive assets, with $28,492 reported in 202406, and consistently reports zero liabilities, which is a strong indicator of financial stability and low debt burden. The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) in the provided data. However, the consistent reporting of 0% officer compensation across all available filings suggests a lean operational structure and a commitment to directing funds towards its mission rather than executive salaries. The absence of liabilities further reinforces a responsible financial management approach. Transparency is good given the consistent filing of IRS Form 990s, but the lack of NTEE code and detailed expense categories limits a deeper analysis of program effectiveness. Overall, Parent Booster Usa Inc. appears to be a financially responsible small organization, consistently filing its tax forms and maintaining a debt-free status. While the latest period shows expenses exceeding revenue, this is not an uncommon occurrence for small nonprofits and is offset by accumulated assets. The lack of officer compensation is a significant positive indicator of resource allocation.