AI Transparency Report
The Silver Hawks Booster Club demonstrates a consistent commitment to its mission, as evidenced by its historical financial data. The organization has maintained a healthy asset base, with current assets at $109,272, indicating financial stability. While revenue has fluctuated over the years, from a high of $651,894 in 2018 to $160,922 in 2023, the club has generally managed its expenses in line with its income. For instance, in 2023, expenses were $209,733 against revenues of $160,922, showing a deficit for that period, but this is not uncommon for booster clubs with cyclical fundraising. The organization's transparency is strong, with 13 filings available and consistent reporting of zero officer compensation, which is a positive indicator for a volunteer-driven booster club.
The club's spending efficiency appears to be focused on its programmatic goals, given the nature of a booster club supporting school activities. Without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely quantify program spending versus administrative or fundraising costs. However, the absence of officer compensation suggests that a significant portion of funds is likely directed towards supporting the athletic programs and activities it serves. The organization has consistently reported minimal to no liabilities, indicating sound financial management and a low-risk profile.
Overall, the Silver Hawks Booster Club appears to be a well-managed, transparent organization that effectively utilizes its resources to support its mission. The fluctuations in revenue and expenses are typical for organizations reliant on event-based fundraising and community support. Their consistent filing history and lack of executive compensation contribute to a positive assessment of their financial health and transparency.