Is Boys Club Of Mount Kisco Inc Legit?

The Boys Club Of Mount Kisco Inc demonstrates generally sound financial health, with assets consistently exceeding liabilities across all reported periods. Revenue has fluctuated, peaking at $9,470,356 in 2022 before settling at $6,121,687 in 2023. The organization has maintained a positive net income in most years, indicating effective management of expenses relative to income. For instance, in 2023, revenue was $6,121,687 against expenses of $6,079,768, showing a slight surplus. Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation, which suggests resources are directed towards programs and operational needs rather than high executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the raw data, the absence of officer compensation is a positive indicator of efficiency. The organization's assets have grown significantly over the decade, from $7,412,911 in 2014 to $13,644,339 in 2023, reflecting financial stability and growth. Transparency is bolstered by the consistent filing of IRS Form 990s over 13 periods, providing a clear historical financial record. The consistent reporting of zero officer compensation is a notable aspect of their financial transparency, indicating that the highest-ranking individuals are not receiving compensation directly from the organization, or that such compensation is not reported in the 'Officer Comp' field. This practice, if accurate, contributes positively to public trust regarding how donations are utilized.