Is Academy Of Management Inc Legit?

The Academy Of Management Inc demonstrates consistent financial health with a strong asset base and generally positive net income over the past decade. In the latest filing (202312), the organization reported revenues of $15,615,301 against expenses of $14,295,287, indicating a surplus. Its assets have grown significantly from $26,924,210 in 2014 to $55,699,715 in 2023, suggesting sound financial management and accumulation of reserves. The organization's liabilities remain relatively low compared to its assets, further indicating financial stability. Spending efficiency appears reasonable, with expenses consistently below revenues in most years, allowing for asset growth. While specific program spending percentages are not provided in the summary data, the overall financial picture suggests that the organization is managing its resources effectively to support its mission. The consistent growth in assets and revenue over time points to a well-managed and sustainable operation. Transparency regarding executive compensation is high, as the filings consistently report 0% officer compensation, which is a notable positive indicator. This suggests that the organization's leadership is either volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which would warrant further investigation for complete understanding. However, based on the provided data, the absence of reported officer compensation is a strong point for transparency and resource allocation.