Quick charity verification for Timberlane Music Association (EIN: 20472774)
Verdict: Timberlane Music Association appears trustworthy
80/100Mission Score
$82KRevenue
$42KAssets
2Red Flags
3Strengths
Red Flags
Highly fluctuating annual revenue, indicating potential instability in funding sources.
Lack of detailed expense breakdown in provided data makes granular spending efficiency analysis difficult.
Strengths
Consistent 0% officer compensation, demonstrating volunteer leadership and efficient use of funds.
Generally low liabilities relative to assets, indicating good financial management.
Positive net assets maintained over multiple years, showing financial resilience.
AI Transparency Report
Timberlane Music Association demonstrates a generally stable financial position, with recent revenue in 202308 at $92,757 and expenses at $92,460, indicating a near break-even operation for that period. The organization's assets have fluctuated, reaching a high of $47,072 in 202008 before settling at $28,588 in 202308. Liabilities have remained relatively low, suggesting good financial management. The consistent reporting of 0% officer compensation across all filings indicates a volunteer-driven leadership, which is a positive sign for donor confidence and efficient use of funds. However, the lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging beyond the overall revenue-to-expense ratio.