Is Bay Rivers Telehealth Alliance Legit?

Bay Rivers Telehealth Alliance demonstrates strong financial health and program focus, particularly in its most recent filing. The organization has shown consistent growth in revenue and assets over the past several years, with revenue increasing from $700,017 in 2021 to $2,141,683 in 2023. This growth is accompanied by efficient spending, as evidenced by expenses closely tracking revenue, indicating that funds are being deployed to support its mission. The organization's assets have also grown significantly, from $299,330 in 2021 to $541,218 in 2023, suggesting a healthy financial position. The organization's transparency is commendable, particularly with 0% officer compensation reported across all available filings. This indicates that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence. The consistent reporting of detailed financial data through 13 filings further enhances its transparency. The NTEE code E60 (Community Health Systems) aligns well with its telehealth mission, suggesting a clear programmatic focus. Overall, Bay Rivers Telehealth Alliance appears to be a well-managed and financially sound nonprofit. Its consistent growth, efficient use of funds (expenses generally align with revenue), and lack of reported officer compensation contribute to a positive assessment of its financial health and commitment to its mission. The organization's ability to scale its operations while maintaining financial stability is a key strength.