Is Snohomish Shock Legit?

Snohomish Shock demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade, typically between $100,000 and $200,000. The organization has maintained a healthy balance sheet with no reported liabilities across all available filings, indicating sound financial management and a lack of debt burden. While the latest filing (Period 202407) shows expenses exceeding revenue by approximately $31,572 ($198,553 expenses vs. $166,981 revenue), this appears to be an occasional occurrence rather than a persistent trend, as several prior years showed surpluses. The organization's assets have fluctuated but remained positive, with the latest at $22,646. The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all filings. This suggests that a very high proportion of funds are likely directed towards program services, as there are no significant overhead costs associated with executive salaries. The absence of liabilities further reinforces efficient resource management. Transparency is excellent, with a consistent filing history and clear financial reporting indicating no executive compensation. Overall, Snohomish Shock appears to be a financially stable and efficiently run small nonprofit. While the recent deficit in 202407 warrants monitoring, the historical trend of balanced budgets and the complete absence of officer compensation are strong indicators of a well-managed and program-focused organization. Their consistent asset base, despite fluctuations, also points to prudent financial stewardship.