Is Round The Mountain Southwest Virginias Artisan Network Legit?

Quick charity verification for Round The Mountain Southwest Virginias Artisan Network (EIN: 202784463)

Verdict: Round The Mountain Southwest Virginias Artisan Network appears trustworthy

85/100Mission Score
$178KRevenue
$138KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Round The Mountain Southwest Virginias Artisan Network demonstrates a fluctuating financial history, with recent years showing a positive trend in revenue and asset growth. In the latest period (202406), the organization reported revenues of $78,661 against expenses of $71,946, resulting in a surplus. This marks a significant improvement from earlier periods, such as 201706 and 201506, where expenses substantially exceeded revenue, leading to net losses. The organization's assets have also shown consistent growth, reaching $66,218 in 202406 from $32,298 in 202006, indicating a strengthening financial position. The organization appears to maintain strong spending efficiency, particularly given its consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of its expenditures are directed towards its programs and operational costs rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a positive indicator of resource allocation. The organization's consistent filing of IRS 990 forms over 14 periods also points to a commitment to transparency. Overall, Round The Mountain has navigated periods of financial challenge and appears to be on a more stable and growing trajectory. Its commitment to zero officer compensation is a notable strength, suggesting a lean operational model focused on its mission. The growth in assets and recent positive net income further support a positive assessment of its financial health and spending efficiency.

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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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