Is Sakila Sponsorship Program Legit?

Quick charity verification for Sakila Sponsorship Program (EIN: 204259624)

Verdict: Sakila Sponsorship Program appears trustworthy

85/100Mission Score
$271KRevenue
$87KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Sakila Sponsorship Program demonstrates a consistent commitment to its mission, as evidenced by its program spending. While specific breakdowns for administrative and fundraising costs are not provided in the summary data, the organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership and efficient use of donor funds. The organization's assets have fluctuated, from a high of $129,154 in 2018 to $60,209 in 2023, suggesting that it operates with relatively lean reserves, directing most of its revenue towards current year expenses. Its revenue has also shown some variability, peaking at $462,851 in 2022 and dropping to $317,359 in 2023, indicating a need for stable funding streams. The organization's financial health appears stable but not robust, with expenses sometimes exceeding revenue, such as in 2023 where expenses were $357,201 against revenues of $317,359. However, the absence of liabilities across all reported periods is a significant positive, indicating sound financial management and avoidance of debt. The consistent reporting of 0% officer compensation is a key strength in terms of transparency and efficiency, suggesting that a very high proportion of funds are likely directed to programmatic activities rather than executive overhead. Overall, Sakila Sponsorship Program appears to be a financially responsible organization, prioritizing its mission by minimizing overhead related to executive compensation. Its ability to manage without liabilities is commendable, though fluctuations in revenue and occasional expense overruns suggest a need for continued focus on fundraising and financial planning to build more substantial operating reserves.

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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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