Is Soulard Safety Program Inc Legit?

Quick charity verification for Soulard Safety Program Inc (EIN: 202733120)

Verdict: Soulard Safety Program Inc appears trustworthy

92/100Mission Score
$255KRevenue
$151KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Soulard Safety Program Inc demonstrates a commitment to its mission with a strong program spending ratio. In the 2023 fiscal year, the organization reported expenses of $273,077 against revenues of $238,543, indicating a deficit for the period. However, their assets have grown from $104,394 in 2023 to $150,686 currently, suggesting effective asset management despite the operational deficit in the most recent reported year. The organization consistently reports 0% officer compensation, which is a positive indicator of financial stewardship and a focus on directing funds to programs rather than executive salaries. The organization's financial health appears stable, with no reported liabilities in either of the two available filings. While the 2023 deficit is notable, it's important to consider the context of their overall financial position and asset growth. Their consistent lack of officer compensation also contributes significantly to their transparency and efficiency profile, ensuring that donor funds are primarily utilized for their stated safety programs in the Soulard community.

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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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