Is Ultimate Escape Legit?

Quick charity verification for Ultimate Escape (EIN: 202610383)

Verdict: Ultimate Escape appears trustworthy

92/100Mission Score
$155KRevenue
$170KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Ultimate Escape demonstrates consistent financial growth and stability over the past decade, with revenues steadily increasing from $134,481 in 2017 to $187,862 in 2023. The organization consistently operates with a surplus, as evidenced by its 2023 revenue of $187,862 against expenses of $148,431, leading to a healthy increase in assets to $181,960 with zero liabilities. This indicates sound financial management and an ability to build reserves. The organization's spending efficiency appears strong, particularly given the consistent absence of officer compensation, suggesting that resources are primarily directed towards its mission rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health and lack of liabilities are positive indicators. The consistent growth in assets, from $38,066 in 2017 to $181,960 in 2023, further underscores its financial prudence and sustainability. The absence of officer compensation also points to a high degree of transparency regarding how funds are utilized. Ultimate Escape's financial trajectory shows a well-managed nonprofit that is growing its capacity and maintaining a strong balance sheet. The consistent lack of liabilities and the steady accumulation of assets, alongside increasing revenues, paint a picture of a financially responsible and sustainable organization. The absence of officer compensation is a notable strength, indicating a strong commitment to directing funds towards its charitable purpose.

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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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