Is Perham Area Youth Hockeyassociation Legit?

Perham Area Youth Hockeyassociation demonstrates a strong commitment to its program services, as evidenced by its consistent financial filings. The organization has shown significant growth in revenue and assets over the past few years, with the latest reported revenue at $428,373 and assets at $244,720 in 2023. This growth indicates increasing community support and operational capacity. The organization's financial health appears stable, with a healthy asset base relative to its liabilities, which were $22,095 in 2023. Spending efficiency is a notable strength, particularly given that officer compensation has consistently been reported as 0% across all available filings. This suggests that the organization is primarily volunteer-driven at the executive level, allowing a greater proportion of funds to be directed towards its mission. While specific breakdowns of program, administrative, and fundraising expenses are not explicitly detailed in the provided summary, the absence of officer compensation is a strong indicator of efficient resource allocation. Transparency is generally good, with a consistent history of filing IRS Form 990s. The consistent reporting of 0% officer compensation across all periods is a clear and positive indicator of financial transparency regarding executive pay. To further enhance transparency, more detailed breakdowns of functional expenses would be beneficial, but the overall picture suggests a well-managed and mission-focused organization.