Is Patrons Of Husbandry Maine State Grange Legit?

Patrons Of Husbandry Maine State Grange demonstrates strong financial health with consistently growing assets, reaching $2,413,679 in the latest period. The organization has shown a positive trend in revenue, with the latest reported revenue at $275,515, and expenses that are well-managed relative to income. For instance, in 2023, revenue was $252,265 against expenses of $108,500, indicating a significant surplus. The organization's liabilities remain very low, consistently under $2,000 for most of its history, which is a positive indicator of financial stability. The organization's spending efficiency appears robust, with expenses generally well below revenue in recent years, allowing for asset growth. The absence of reported officer compensation across all available filings suggests a volunteer-driven leadership, which can contribute to lower administrative costs and a higher proportion of funds directed towards the mission. This also points to a high degree of transparency regarding executive remuneration, as there is none to report. Overall, Patrons Of Husbandry Maine State Grange exhibits a healthy financial position, efficient spending practices, and a transparent approach to compensation. The consistent growth in assets, coupled with low liabilities and no reported officer compensation, paints a picture of a well-managed and financially prudent nonprofit.