Is Southeast Kansas Recycling Inc Legit?

Southeast Kansas Recycling Inc. demonstrates a consistent operational history, with revenues and expenses generally in the range of $250,000 to $400,000 over the past decade. The organization's assets have fluctuated, showing a recent decline from a peak of $470,382 in 2017 to $404,955 in 2023, while liabilities have remained relatively stable, indicating a consistent financial structure. The absence of reported officer compensation across all available filings suggests a volunteer-led or very lean administrative structure, which can be a positive indicator of efficiency and dedication to mission. However, the organization has experienced periods where expenses exceeded revenue, notably in 2023 ($346,793 expenses vs. $266,473 revenue) and 2022 ($326,089 expenses vs. $304,883 revenue), leading to a reduction in net assets. While this isn't uncommon for nonprofits, a sustained trend could impact long-term sustainability. The latest revenue figure of $562,392, if it represents a more recent period than the 2023 filing, suggests a significant increase in financial activity, which would need to be balanced against corresponding expenses to assess its impact on financial health. Overall, the organization appears to be transparent regarding its financial operations, with no reported officer compensation and a clear filing history. Its financial health is stable but shows some recent strain with expenses exceeding revenue in the last two reported periods. The consistent asset base, despite some fluctuations, suggests a degree of financial resilience.