Is Cherokee Pregnancy Center Incorp Legit?

Cherokee Pregnancy Center Incorp demonstrates a generally healthy financial position, with consistent revenue growth and a strong asset base. In the latest filing (202312), the organization reported revenue of $303,340 against expenses of $176,236, indicating a significant surplus that contributes to its growing assets, which reached $627,863. This trend of revenue exceeding expenses has been consistent over the past several years, allowing for steady asset accumulation. The organization's liabilities remain very low, consistently under $3,000 in recent years, which is a positive indicator of financial stability and low debt burden. The organization's spending efficiency appears strong, particularly given that 0% of expenses are allocated to officer compensation across all reported periods. This suggests that resources are primarily directed towards program delivery and operational costs rather than executive salaries. While a detailed functional expense breakdown is not provided in the summary data, the absence of officer compensation is a notable positive for efficiency. The consistent growth in assets, from $369,980 in 2017 to $627,863 in 2023, further underscores sound financial management and the ability to build reserves. Transparency is generally good, with a consistent history of filing IRS Form 990s. The lack of officer compensation is a transparent indicator of how leadership is compensated, or rather, not compensated through direct salaries. To further enhance transparency, a more detailed breakdown of program, administrative, and fundraising expenses would be beneficial, though the overall financial health and low liabilities are strong indicators.