Is Brazilian And American Youth Cultural Exchange Incorporated Legit?

Brazilian And American Youth Cultural Exchange Incorporated demonstrates a consistent commitment to its mission, as evidenced by its program spending. While the organization's revenue has fluctuated over the years, with a notable high of $116,844 in 2015 and a recent low of $33,639 in 2022, its asset base has shown steady growth, reaching $423,288 currently. This indicates sound financial management and an ability to build reserves, even during periods of lower income. The organization's transparency is strong, particularly given its consistent reporting and zero officer compensation, which suggests resources are directed towards its programs rather than executive salaries. The organization's spending efficiency appears robust, with expenses generally well below revenue in most years, allowing for asset accumulation. For instance, in 2022, expenses were $15,094 against $33,639 in revenue, and in 2021, expenses were $12,233 against $41,981 in revenue. However, the most recent filing (202312) shows expenses ($64,944) exceeding revenue ($57,646), resulting in a slight draw on reserves for that period. This is a minor concern but not indicative of a systemic issue given the overall financial history. Overall, the organization exhibits good financial health, characterized by asset growth, generally efficient spending, and a clear dedication to its mission without high administrative overhead. The absence of officer compensation further reinforces its commitment to directing funds to its programs.