Is Changing Tide Legit?

Changing Tide demonstrates strong financial health and efficient spending, particularly in its most recent filing. In 2023, the organization reported revenue of $103,896 against expenses of $23,012, indicating a significant surplus that contributed to asset growth. Over the past decade, assets have consistently grown from $155,424 in 2012 to $380,452 in 2023, with no reported liabilities, which is a strong indicator of financial stability. The organization's consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership, enhancing its spending efficiency and transparency regarding executive pay. While specific program spending details are not provided in the summary data, the low overall expenses relative to revenue, coupled with asset growth and no liabilities, points to a well-managed and financially sound operation. The organization's NTEE code P20 (Recreational, Sports, Leisure, Athletics, Camps) suggests a focus on community programs. The consistent growth in assets and the absence of liabilities over an extended period are positive indicators of long-term sustainability. The latest revenue of $67,195, while lower than the 2023 peak, is still substantial for an organization of its size. The lack of officer compensation further reinforces a commitment to directing resources towards its mission rather than administrative overhead. Overall, Changing Tide appears to be a financially prudent and transparent nonprofit.