Is Plaistow Recreation Friends Of Legit?

Plaistow Recreation Friends Of appears to be a very small, community-focused organization with minimal financial activity. Over the past five years, its revenue has consistently been very low, peaking at $2,666 in 2016 and dropping to $0 in the latest two periods. Similarly, expenses have decreased from $4,655 in 2016 to $0 in 2020, suggesting a period of dormancy or very limited operations. The organization's assets have also steadily declined from $5,824 in 2016 to $2,938 in 2019 and 2020, indicating a gradual depletion of resources without significant new income. Given the reported $0 revenue and $0 expenses in the latest filing (202012), it's difficult to assess current spending efficiency or program focus. The consistent reporting of $0 officer compensation across all filings suggests a volunteer-driven model, which is positive for minimizing administrative overhead. However, the lack of financial activity raises questions about the organization's current operational status and its ability to fulfill its mission. Transparency is generally good, as the organization has consistently filed its IRS Form 990s. However, the minimal financial data provides little insight into how any funds, when present, were allocated between programs, administration, or fundraising. The declining asset base and lack of recent revenue suggest a need for renewed fundraising efforts or a re-evaluation of its operational model.