Is Verrado High School Boosterassociation Legit?

Quick charity verification for Verrado High School Boosterassociation (EIN: 208389999)

Verdict: Verrado High School Boosterassociation appears trustworthy

85/100Mission Score
$125KRevenue
$25KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Verrado High School Boosterassociation demonstrates consistent financial health with a positive trend in revenue and assets over the past six years. In the latest filing (201706), the organization reported revenue of $91,202 against expenses of $81,052, resulting in a surplus that contributed to its asset growth to $24,733. The organization maintains a healthy balance sheet with zero liabilities across all reported periods, indicating strong financial management and no reliance on debt. The booster association's spending efficiency appears strong, as evidenced by its consistent ability to generate surpluses and grow assets. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests that the organization effectively manages its funds to support its mission. The absence of officer compensation further indicates that resources are likely directed towards the organization's activities rather than executive salaries. Transparency is high given the availability of six years of IRS 990 filings, showing consistent reporting. The organization's financial stability, growth in assets from $24,679 in 2012 to $24,733 in 2017, and lack of liabilities are positive indicators of a well-managed and transparent operation.

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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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