Is Arise Child And Family Service Inc Legit?

Quick charity verification for Arise Child And Family Service Inc (EIN: 161186293)

Verdict: Arise Child And Family Service Inc appears trustworthy

70/100Mission Score
$10.6MRevenue
$9.0MAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Arise Child And Family Service Inc demonstrates a generally stable financial position, though recent filings show a decline in revenue and an increase in expenses, leading to a net loss in the 202306 period (Revenue=$19,001,382, Expenses=$19,568,165). This marks a shift from previous years where revenue consistently exceeded expenses. The organization's assets have grown significantly over the past decade, from $5,631,154 in 201406 to $11,231,507 in 202306, indicating a healthy accumulation of resources. However, the liabilities have also seen fluctuations, peaking at $7,606,333 in 202106 before decreasing to $2,909,435 in 202306. Spending efficiency appears to be a point of concern given the recent operating deficit. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall trend of expenses exceeding revenue in the latest period suggests a need for closer examination of cost management. The consistent reporting of 0% for officer compensation across all filings is a positive indicator for transparency regarding executive pay, suggesting either a volunteer board or compensation is categorized differently within overall expenses, which would warrant further investigation into the full 990 forms for clarity. Overall, Arise Child And Family Service Inc has historically managed its finances well, maintaining a positive net income for most of the reported periods. The recent financial dip in 202306, coupled with a significant drop in revenue from $22,925,002 in 202206 to $19,001,382 in 202306, suggests a period of adjustment or increased operational costs that bear watching. The growth in assets over the long term provides a buffer, but sustained deficits could impact future program delivery.

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Disclaimer

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

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