Is Stafford Aquatics Team Inc Legit?

Stafford Aquatics Team Inc demonstrates consistent operational activity, with revenues and expenses generally in the range of $200,000 to $400,000 over the past decade. The organization's financial health appears stable, though it has experienced periods where expenses exceeded revenue, such as in 202212 where expenses were $273,215 against revenues of $244,436, and in 201912 with expenses of $339,935 against revenues of $314,800. However, the most recent filing (202312) shows a positive net income with revenues of $274,054 exceeding expenses of $265,822, indicating a return to a healthier financial position. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operation and the absence of officer compensation suggest a lean operational structure. The organization's assets have fluctuated, reaching a high of $143,315 in 201512 and currently standing at $68,603 in 202312, indicating a moderate level of reserves. Liabilities have also varied, with a notable increase in recent years compared to earlier filings (e.g., $32,080 in 202312 vs. $2,100 in 201912). Transparency is generally good given the availability of 13 years of IRS 990 filings. The consistent reporting of zero officer compensation is a positive indicator of resource allocation towards the organization's mission rather than executive salaries. While specific program impact metrics are not available from this data, the financial stability and consistent operations suggest a well-managed entity within its operational scope.