Is Alcott School Legit?

Alcott School demonstrates consistent operational activity with revenues and expenses generally in the multi-million dollar range. Over the past decade, the organization has experienced fluctuations in its financial health, with several years showing expenses exceeding revenue, such as in 202106 where expenses were $5,819,482 against revenues of $5,353,264. However, more recent filings, like 202306, indicate a positive operating margin with revenues of $6,871,009 exceeding expenses of $6,556,015. The organization's assets have also varied significantly, from a high of $4,009,425 in 201406 to a low of $862,769 in 202206, suggesting potential capital expenditures or divestments. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for transparency and efficiency. While the detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data, the consistent operational scale suggests a significant portion of expenses are likely dedicated to program delivery. The organization's liabilities have also fluctuated, at times exceeding assets (e.g., 202306 with liabilities of $1,352,416 against assets of $1,351,040), which could indicate reliance on short-term financing or deferred revenue. Overall, Alcott School appears to be a financially stable organization, albeit with periods of deficit spending, that prioritizes its mission by not allocating funds to officer compensation.