Is Waukee Athletic Club Inc Legit?

The Waukee Athletic Club Inc demonstrates consistent financial activity, with revenues fluctuating but generally showing an upward trend over the past decade, culminating in a latest reported revenue of $318,205. The organization consistently reports zero liabilities and zero officer compensation, indicating a lean operational structure and a strong financial position with no debt. However, the 202312 filing shows expenses ($223,560) exceeding revenue ($213,349), resulting in a net loss for that period, which warrants monitoring to ensure long-term sustainability. Despite this, the organization's assets have grown significantly from $13,847 in 2020 to $81,588 in 2023, suggesting effective asset management over time. The organization's spending efficiency appears high given the absence of officer compensation, implying that resources are directly allocated to its athletic programs. The consistent reporting of zero liabilities across all filings is a significant strength, indicating sound financial management and a low-risk profile. The NTEE code N63 (Amateur Sports Clubs) aligns with its mission, and the financial data supports a focus on program delivery rather than administrative overhead or executive salaries. Transparency is excellent, as evidenced by the readily available and consistent IRS 990 filings over 13 periods. The detailed breakdown of revenue, expenses, assets, and liabilities, along with the explicit reporting of zero officer compensation, provides a clear picture of the organization's financial operations. This level of detail allows for a thorough assessment of its financial health and commitment to its mission.