Is Silverton High School Alumni Association Legit?

The Silverton High School Alumni Association demonstrates a consistent commitment to its mission, as evidenced by its stable asset base and generally low expense structure. While revenue has fluctuated significantly, notably a spike to $561,642 in 202106, the organization has maintained a healthy asset-to-liability ratio, indicating good financial stewardship. The absence of officer compensation across all reported periods is a strong indicator of volunteer-driven leadership and efficient use of funds, contributing positively to its transparency and public trust. However, recent periods (202306 and 202406) show expenses slightly exceeding revenue, which, if sustained, could impact long-term financial health, though the substantial asset base of over $2 million provides a significant buffer. The organization's financial health appears robust, supported by its substantial assets of $2,526,066 against its latest reported revenue of $415,337. The consistent reporting of zero officer compensation across all filings highlights a highly efficient operational model, likely relying heavily on volunteer efforts. This practice significantly reduces administrative overhead, allowing a greater proportion of funds to be directed towards its programmatic goals. The transparency is further enhanced by its consistent filing history, providing a clear financial trajectory over more than a decade.