Is American Academy Of Development Medicine And Dentistry Legit?

Quick charity verification for American Academy Of Development Medicine And Dentistry (EIN: 10751843)

Verdict: American Academy Of Development Medicine And Dentistry appears trustworthy

75/100Mission Score
$751KRevenue
$469KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The American Academy Of Development Medicine And Dentistry demonstrates a generally stable financial trajectory, with recent revenue growth from $542,311 in 2022 to $812,130 in 2023. However, the organization has shown a pattern of operating at a deficit in several recent years, with expenses exceeding revenue in 2023 ($833,591 vs. $812,130), 2022 ($554,130 vs. $542,311), and 2019 ($631,539 vs. $617,923). This consistent spending beyond income could impact long-term sustainability if not addressed. The organization's assets have shown significant growth, increasing from $100,777 in 2014 to $634,079 in 2023, indicating a building of financial reserves over time. Liabilities have remained relatively low for most of its history, though there was a notable increase to $138,159 in 2023, which warrants monitoring. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards the mission rather than executive salaries, enhancing its transparency and public trust. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a strong positive indicator of financial stewardship. The organization's ability to grow its asset base despite periodic operating deficits suggests effective management of its overall financial position, though the recent increase in liabilities and recurring deficits are areas for closer scrutiny regarding spending efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages