Is Annals Of Family Medicine Inc Legit?

Annals Of Family Medicine Inc demonstrates a generally stable financial position with consistent revenue streams, though expenses have fluctuated. In 2023, the organization reported revenue of $1,089,712 against expenses of $825,398, resulting in a surplus. This positive trend is a recovery from 2020 and 2021 where expenses exceeded revenue. The organization's assets have shown growth, reaching $966,680 in 2023, indicating a healthy balance sheet. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial efficiency and transparency. The organization's spending efficiency appears sound, especially given the absence of reported officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial health, marked by increasing assets and recent surpluses, suggests effective management of resources. The consistent filing of IRS Form 990s over 13 periods also points to a commitment to transparency and accountability, allowing public scrutiny of its financial operations. Overall, Annals Of Family Medicine Inc appears to be a financially responsible organization. Its ability to generate surpluses in recent years, coupled with no reported officer compensation and a history of regular financial disclosures, paints a picture of a well-managed nonprofit focused on its mission. The growth in assets further solidifies its long-term sustainability.