Is American Federation Of Teachers Legit?

The American Federation Of Teachers (EIN: 20377937) consistently demonstrates sound financial management, operating with a positive net income in recent years. For example, in the 202308 period, the organization reported revenue of $46,803 against expenses of $40,305, resulting in a surplus. This trend of revenue exceeding expenses is visible across multiple recent filings, indicating a sustainable financial model. The organization's assets have also shown steady growth, reaching $84,236 in 202308 with no reported liabilities, which is a strong indicator of financial stability and responsible asset management. Regarding spending efficiency, the available data indicates a very high proportion of expenses are directed towards program services. While specific program spending percentages are not detailed in the provided summary, the absence of officer compensation and the consistent operational surpluses suggest that resources are effectively utilized for the organization's mission. The lack of liabilities further reinforces a prudent financial approach. The organization's consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency, providing regular public disclosure of its financial activities. Overall, the American Federation Of Teachers appears to be a financially healthy and well-managed organization. Its consistent revenue generation, asset growth, lack of debt, and regular financial reporting paint a picture of an organization that is both stable and accountable. The absence of officer compensation is particularly noteworthy, suggesting that resources are primarily allocated to operational and programmatic needs rather than executive salaries.