Is St Patricks Day Parade Of Lawrence Kansas Inc Legit?

St Patricks Day Parade Of Lawrence Kansas Inc demonstrates consistent financial activity, with revenues and expenses generally fluctuating between $50,000 and $110,000 over the past decade. The organization's assets are modest, typically ranging from $13,000 to $25,000, indicating a lean operational structure. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, suggesting a volunteer-driven leadership model which contributes to lower administrative overhead. While specific program spending ratios are not explicitly detailed in the provided summary, the absence of officer compensation implies a strong potential for a high percentage of funds to be directed towards its mission. The organization's liabilities have consistently been very low, often zero, which is a positive indicator of financial stability and responsible management. However, the organization has frequently operated with expenses exceeding revenue, as seen in 2023 ($104,287 expenses vs. $100,716 revenue) and 2020 ($111,962 expenses vs. $105,151 revenue), which could lead to a gradual depletion of assets if not managed carefully. Overall, the organization appears to be transparent regarding its financial operations, particularly with the clear disclosure of no executive compensation. Its financial health is stable but not robust, with a consistent pattern of managing annual events within a relatively tight budget. The primary area for potential improvement would be to consistently generate a surplus to build reserves, rather than frequently operating at a slight deficit.