Is Business Education In Science And Technology For New Americans Inc Legit?
Quick charity verification for Business Education In Science And Technology For New Americans Inc (EIN: 133916822)
Verdict: Business Education In Science And Technology For New Americans Inc appears trustworthy
90/100Mission Score
$5.5MRevenue
$2.4MAssets
1Red Flags
4Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which may warrant further inquiry into leadership compensation structures.
Strengths
Consistent multi-million dollar revenue stream over a decade.
Steady growth in net assets, indicating financial stability and accumulation of resources.
Zero reported officer compensation across all filings, suggesting a strong focus on program spending and potentially volunteer leadership.
Generally tight expense management, with expenses often closely matching or slightly below revenue.
AI Transparency Report
Business Education In Science And Technology For New Americans Inc (BEST) demonstrates generally stable financial health, with revenues consistently in the multi-million dollar range over the past decade. While there have been fluctuations, such as a dip in revenue in 2020 to $2.7 million and a peak in 2021 at $5.45 million, the organization has maintained positive net assets. The latest filing for 2023 shows revenues of $3.9 million and expenses of $3.88 million, indicating a tight operational margin but still a slight surplus. The organization's assets have shown consistent growth, from $1.29 million in 2015 to $2.3 million in 2023, suggesting prudent financial management and asset accumulation. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a focus on mission-related spending, as it suggests that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is unusual for an organization of this size.