Is Bronx Jewish Community Council Home Attendant Services Inc Legit?

Bronx Jewish Community Council Home Attendant Services Inc has experienced a significant decline in revenue and an increase in liabilities over the past decade. Revenue has fallen from $19,893,756 in 2013 to $7,398,241 in 2022, representing a substantial decrease of over 60%. Concurrently, liabilities have risen from $3,892,401 in 2013 to $5,247,001 in 2022, now exceeding total assets of $2,516,562. This indicates a concerning financial position with negative net assets. The organization consistently reports expenses exceeding revenue in recent years, such as in 2022 where expenses were $8,490,638 against $7,398,241 in revenue, leading to an operating deficit. While the organization reports 0% officer compensation across all available filings, which suggests good stewardship in that area, the overall financial trend of declining revenue and increasing liabilities raises questions about long-term sustainability and operational efficiency. The lack of detailed spending breakdown in the provided data makes it difficult to assess program efficiency directly, but the consistent operating deficits are a major concern. From a transparency perspective, the consistent filing of IRS 990s is positive. However, without a more detailed breakdown of expenses into program, administrative, and fundraising categories, a full assessment of spending efficiency is challenging. The significant decline in financial scale and the negative net asset position are critical areas that would require further investigation to understand the underlying causes and the organization's plans for financial recovery.