Is Cambodian Childrens Fund Legit?

Cambodian Childrens Fund demonstrates a generally stable financial position with consistent revenue streams over the past decade, typically ranging from $8 million to $15 million annually. In the latest filing (202312), the organization reported revenues of $11,519,057 against expenses of $12,031,925, indicating a slight operating deficit for that period. However, this is not uncommon for nonprofits and their substantial asset base of $27,191,747 (202312) provides a strong buffer. The organization's assets have shown consistent growth, more than doubling from $11,831,572 in 2014 to over $27 million in 2023, suggesting effective asset management and donor confidence. A notable aspect of Cambodian Childrens Fund's financial management is its reported 0% officer compensation across all available filings. This indicates that the highest-ranking officers either receive no compensation or their compensation is not reported in this specific section of the 990, which could be a point of further inquiry for complete transparency. The organization's liabilities have remained relatively low compared to its assets, with $1,071,623 in liabilities against $27,191,747 in assets in 2023, indicating a healthy balance sheet and low financial risk. Overall, the organization appears financially sound, with a strong asset base and consistent revenue, though the lack of reported officer compensation warrants attention for full transparency.