Is Vermilion Parish Cattlemensassociation Legit?

Quick charity verification for Vermilion Parish Cattlemensassociation (EIN: 208243212)

Verdict: Vermilion Parish Cattlemensassociation appears trustworthy

85/100Mission Score
$144KRevenue
$26KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Vermilion Parish Cattlemensassociation demonstrates a mixed financial picture. While the organization has shown significant growth in revenue from $16,276 in 2011 to $156,961 in 2023, its latest filing indicates a deficit, with expenses of $187,175 exceeding revenue of $156,961. This trend of spending more than it earns, as seen in 2023, could be a concern if it continues. However, the organization consistently reports 0% officer compensation, which is a positive indicator of efficient use of funds at the leadership level and strong transparency regarding executive pay. The organization's assets have fluctuated, from $13,418 in 2011 to $37,937 in 2022, before dropping to $7,323 in 2023, suggesting potential liquidity challenges or significant asset utilization in the most recent period. Overall, while the growth is commendable, the recent deficit and asset decline warrant closer monitoring.

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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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