Is Weathervane Theatre Alumni Association Inc Legit?
Quick charity verification for Weathervane Theatre Alumni Association Inc (EIN: 141828193)
Verdict: Weathervane Theatre Alumni Association Inc shows mixed signals
40/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
Zero reported revenue and assets in latest filing, indicating potential dormancy or severe financial distress.
Operated at a deficit of $20,893 in its 201909 fiscal period (expenses $67,996 vs. revenue $47,103).
Only one historical filing available, limiting long-term financial trend analysis.
Strengths
Reported 0% officer compensation in 2019, indicating no executive salaries.
No reported liabilities in the 201909 filing, suggesting a clean balance sheet at that time.
AI Transparency Report
The Weathervane Theatre Alumni Association Inc appears to be in a nascent or transitional financial state, reporting $0 in both revenue and assets in its latest filing. Its single historical filing from 201909 shows a deficit, with expenses of $67,996 exceeding revenue of $47,103, indicating it spent more than it brought in during that period. While the organization reported $0 in officer compensation, which is positive for efficiency, the lack of current financial activity and the historical operating deficit raise questions about its ongoing sustainability and program delivery capacity. The absence of liabilities in the 201909 filing is a strength, but the overall financial picture suggests a need for significant fundraising or a re-evaluation of its operational model.