Is American Board For Occupational Health Nurses Inc Legit?

The American Board For Occupational Health Nurses Inc demonstrates consistent financial health, maintaining a stable asset base and generally managing expenses within or close to its revenue. In 2023, the organization reported revenues of $631,469 against expenses of $640,576, indicating a slight deficit, which is a minor concern but not indicative of instability given its substantial assets of $1,277,480. The organization has consistently reported zero officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. Its asset base has grown significantly over the past decade, from $460,463 in 2015 to over $1.2 million in 2023, suggesting sound financial management and accumulation of reserves. The consistent reporting of minimal liabilities further reinforces its strong financial position. The organization's spending efficiency appears robust, particularly given the absence of reported officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall financial picture suggests that resources are managed prudently. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and transparency. The lack of reported officer compensation is a significant positive factor in assessing its financial health and efficiency, as it implies that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which would require further investigation for complete clarity.