Is River Falls Wrestling Boosters Inc Legit?

Quick charity verification for River Falls Wrestling Boosters Inc (EIN: 201236555)

Verdict: River Falls Wrestling Boosters Inc appears trustworthy

95/100Mission Score
$105KRevenue
$82KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

River Falls Wrestling Boosters Inc demonstrates consistent financial health with a strong focus on its program. The organization has shown growth in revenue and assets over the past several years, with the latest revenue at $62,965 and assets at $56,165 in 2023. Their liabilities consistently remain at $0, indicating sound financial management and no reliance on debt. The organization's spending efficiency is excellent, as evidenced by 0% officer compensation across all reported periods, suggesting that all funds are directed towards the organization's mission rather than administrative overhead for executive salaries. This commitment to minimizing administrative costs is a significant strength. The organization's transparency is high, with a clear history of IRS 990 filings available. The consistent reporting of no officer compensation further enhances their transparency and trustworthiness. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the absence of officer compensation strongly implies that the vast majority of expenses are program-related. The growth in assets from $17,758 in 2016 to $56,165 in 2023, alongside fluctuating but generally increasing revenues, indicates a stable and growing financial position, allowing them to continue supporting wrestling programs in River Falls.

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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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