Is Bestself Behavioral Health Inc Legit?

Quick charity verification for Bestself Behavioral Health Inc (EIN: 161004090)

Verdict: Bestself Behavioral Health Inc appears trustworthy

80/100Mission Score
$84.9MRevenue
$110.3MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Bestself Behavioral Health Inc. demonstrates a consistent pattern of high program spending, indicating a strong focus on its mission. For example, in 2023, program service expenses were $63,305,870 out of total expenses of $84,407,826, representing approximately 75% of total expenditures. This efficiency in directing funds towards its core services is a positive indicator of financial health. The organization has also shown significant growth in revenue and assets over the past decade, from $18.6 million in revenue and $5.6 million in assets in 2014 to $83.3 million in revenue and $56.7 million in assets in 2023, suggesting robust operational expansion and financial stability. However, the organization has reported negative net income in several recent years, including 2023 ($83,352,157 revenue vs. $84,407,826 expenses) and 2022 ($84,773,501 revenue vs. $87,999,093 expenses). While not uncommon for growing nonprofits, sustained deficits could warrant closer examination of long-term financial planning. The consistent reporting of 0% officer compensation across all available filings is unusual and may indicate that executive compensation is reported under other expense categories or that the organization's reporting structure for officer compensation is not fully transparent in the provided data, which could be a point of concern for transparency.

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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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