Is Parents & Teachers Of Thortons Ferry School Legit?

Parents & Teachers Of Thortons Ferry School demonstrates consistent financial health, operating with a positive net income in most recent years. For example, in 2024, they reported $42,033 in revenue against $19,639 in expenses, indicating a healthy surplus. Their asset base has fluctuated but generally remains strong, with $59,357 in assets and $0 liabilities in 2024, suggesting good financial management and solvency. The organization's spending efficiency appears high, as evidenced by the significant difference between revenue and expenses in recent periods, implying that a substantial portion of funds are available for their programs. The organization's transparency is excellent, particularly regarding executive compensation, which consistently reports 0% for officers across all available filings. This indicates that the organization is run by volunteers, which is common for parent-teacher associations and contributes to lower administrative costs. The consistent filing of IRS Form 990s over 14 periods further enhances their transparency, providing a clear historical record of their financial activities. While specific program spending details are not provided in the summary data, the overall financial picture suggests a well-managed and accountable entity focused on its mission.