Is Ridge Youth Sports Inc Legit?

Quick charity verification for Ridge Youth Sports Inc (EIN: 204167485)

Verdict: Ridge Youth Sports Inc appears trustworthy

95/100Mission Score
$620KRevenue
$246KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Ridge Youth Sports Inc. demonstrates a consistent pattern of financial growth and stability over the past several years, particularly noting a significant increase in revenue from $151,423 in 2020 to $620,081 in 2023. The organization consistently maintains positive net assets, reaching $254,524 in 2023, with zero reported liabilities across all available filings, indicating a very healthy balance sheet and strong financial management. This suggests the organization is not burdened by debt and effectively manages its resources. Regarding spending efficiency, the organization's expenses are consistently lower than its revenues in recent years, allowing for asset growth. For example, in 2023, expenses were $573,843 against revenues of $620,081, resulting in a surplus. The absence of reported officer compensation across all filings is a strong indicator of volunteer-driven leadership, which significantly reduces administrative overhead and maximizes funds available for programs. This commitment to volunteerism enhances the organization's spending efficiency. Transparency is high, as evidenced by the consistent filing of IRS Form 990s over 13 periods and the clear reporting of zero liabilities and officer compensation. The NTEE code N65 (Youth Sports) aligns well with the organization's name, suggesting a clear mission focus. The detailed financial history provided allows for a thorough assessment of its financial health and operational trends, indicating a commitment to public accountability.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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