Is Circle Of Friends Animal Societyinc Legit?

Circle Of Friends Animal Societyinc demonstrates a consistent operational pattern, with revenues and expenses generally in close proximity. For instance, in 2023, the organization reported revenues of $172,743 against expenses of $202,641, indicating a slight deficit for the year. This trend of expenses sometimes exceeding revenue is also visible in 2022 ($206,815 revenue vs. $209,040 expenses) and 2019 ($168,138 revenue vs. $182,151 expenses). However, the organization has also shown periods of surplus, such as in 2021 ($275,637 revenue vs. $221,173 expenses) and 2020 ($207,011 revenue vs. $168,836 expenses), which has allowed for asset growth over time, from $26,947 in 2015 to $116,515 in 2023. The consistent reporting of zero liabilities across all available filings suggests a healthy balance sheet and responsible financial management, avoiding debt. The absence of officer compensation further enhances its transparency and commitment to mission-focused spending.