No red flags identified.
AI Transparency Report
Rockford Parent & Boosterorganizations demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. For instance, in 2023, the organization reported revenues of $887,596 against expenses of $967,826, indicating a slight deficit. While the organization's assets have fluctuated, they remain substantial relative to its liabilities, suggesting a stable financial position. The absence of reported officer compensation across all filings indicates a volunteer-driven leadership, which is a positive sign for donor confidence and efficient use of funds.
The organization's NTEE code N60 (Parent & Booster Organizations) suggests a focus on supporting educational or extracurricular activities, which typically involves direct program spending. The consistent filing of IRS Form 990s over 12 periods demonstrates a commitment to transparency. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging. The overall financial health appears stable, but a deeper dive into expense categories would provide more clarity on how funds are allocated to its mission.