Is West Holmes Athletic Booster Club Inc Legit?

The West Holmes Athletic Booster Club Inc. demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade. For instance, in the 202306 period, the organization reported revenues of $329,212 against expenses of $267,536, indicating a healthy surplus. Their assets have also shown steady growth, reaching $476,200 in the latest filing period with zero liabilities, which is a strong indicator of financial stability. The organization's NTEE code B12 suggests a focus on amateur sports, and the consistent lack of reported officer compensation across all filings points to a volunteer-driven model, enhancing spending efficiency by minimizing administrative overhead related to salaries. Spending efficiency appears high, primarily due to the absence of executive compensation, which is a significant cost for many nonprofits. While a detailed functional expense breakdown (program, administrative, fundraising) is not provided in the summary data, the overall financial picture suggests that the vast majority of funds are likely directed towards their athletic support mission. The consistent reporting of zero liabilities further underscores a prudent financial management approach, avoiding debt and maintaining a strong balance sheet. In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating consistent compliance with regulatory requirements. The consistent reporting of zero officer compensation is a key transparency point, showing that leadership is not drawing salaries from the organization's funds. This level of consistent financial reporting and the clear financial health metrics contribute positively to their overall transparency and accountability.