Is Usa Bobsled Skeleton Inc Legit?

Quick charity verification for Usa Bobsled Skeleton Inc (EIN: 161172380)

Verdict: Usa Bobsled Skeleton Inc shows mixed signals

65/100Mission Score
$4.1MRevenue
$6.3MAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Usa Bobsled Skeleton Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $3-4 million over the past decade. The organization consistently reports 0% officer compensation, which is highly unusual for an organization of its size and could indicate that executive compensation is reported under different categories or that key leadership roles are filled by volunteers or individuals compensated by other entities. This lack of direct officer compensation reporting on the 990s raises a transparency concern regarding how leadership is compensated. The organization has maintained a healthy asset base, growing from approximately $3.7 million in 2015 to $6.2 million currently, indicating sound financial management and accumulation of reserves. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a complete assessment of spending efficiency is challenging. While the organization appears to manage its finances prudently, consistently operating with a surplus in most years, the absence of reported officer compensation is a significant data gap for a nonprofit of this scale. For example, in the 202406 period, with revenues of $3,580,293 and expenses of $3,516,238, the organization operated with a surplus. The consistent reporting of '0%' for officer compensation across all available filings is a notable anomaly that warrants further investigation to fully understand the organization's compensation practices and overall financial transparency. This makes it difficult to fully assess the efficiency of its operations and whether resources are being allocated optimally.

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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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