Is Pittston Fair Legit?

Pittston Fair demonstrates a consistent financial operation, with revenues generally covering expenses, though there have been periods of deficit spending, such as in 2022 where expenses ($119,483) exceeded revenue ($108,277). The organization maintains a healthy asset base, reported at $726,135 in 2023, with negligible liabilities across most years, indicating strong financial stability and low debt risk. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership, which can be a positive indicator of efficiency and dedication to the mission. The organization's financial health appears stable, with a recent positive net income in 2023 ($156,128 revenue vs. $90,044 expenses). However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The NTEE code N520 (Fairs) suggests a focus on community events, and the consistent revenue generation indicates ongoing public support. Transparency is generally good given the availability of 990 filings. The consistent reporting of zero officer compensation enhances trust. However, a more detailed functional expense breakdown in the 990s would further improve transparency regarding how funds are allocated between direct program activities, administrative overhead, and fundraising efforts.