No red flags identified.
AI Transparency Report
The Shakopee Volleyball Association demonstrates consistent financial activity, with revenues and expenses generally balancing out over the past decade. For the latest reported period (202406), the organization had revenues of $163,437 against expenses of $174,045, indicating a slight operational deficit. However, this is not uncommon for smaller nonprofits and their assets remain stable at $63,527 with no reported liabilities, suggesting good financial management. The organization's consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency, and the absence of officer compensation further reinforces a volunteer-driven model.
Spending efficiency appears to be strong, as the organization consistently spends nearly all its revenue on its programs and operations. The lack of reported officer compensation across all filings suggests that administrative costs are likely kept very low, with resources primarily directed towards its mission. While specific program spending percentages aren't detailed in the provided data, the overall financial picture points to an organization focused on delivering its services without significant overhead.
Overall, the Shakopee Volleyball Association appears to be a financially stable and transparent organization, effectively managing its resources to support its mission. Its consistent financial reporting and lack of liabilities are positive indicators of sound fiscal health.