Is Purcellville Teen Centerincorporated Legit?

Purcellville Teen Center Incorporated demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. For instance, in 2023, the organization reported revenues of $325,151 against expenses of $335,114, indicating a slight operational deficit. This trend of expenses often slightly exceeding or closely matching revenues suggests a lean operational model, with the organization spending nearly all it receives on its programs and operations. The organization consistently reports zero liabilities and zero officer compensation across all available filings, which are strong indicators of financial transparency and a commitment to directing funds towards its mission rather than administrative overhead or executive pay. The organization's assets have fluctuated, from a high of $52,319 in 2013 to a low of $7,103 in 2020, and most recently $8,633 in 2023. While the asset base is relatively modest for an organization with annual revenues exceeding $300,000, the absence of liabilities suggests a healthy balance sheet free from debt. The consistent reporting of no officer compensation further reinforces a positive view of its spending efficiency and transparency, as it implies a volunteer-driven or very low-overhead leadership structure. Overall, Purcellville Teen Center Incorporated appears to be a financially stable organization that operates close to its revenue capacity, with a strong emphasis on transparency regarding executive compensation and debt. Its financial health is characterized by consistent operational activity and a clear commitment to its mission, as evidenced by its spending patterns and lack of liabilities.