Is City Access New York Legit?

City Access New York demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization has seen its revenue grow from $1.67 million in 2014 to $4.83 million in 2023, indicating strong fundraising or program expansion. Its assets have also steadily increased, reaching $4.42 million in 2023, significantly outpacing liabilities of $1.20 million, which suggests good financial management and solvency. The organization consistently reports 0% officer compensation, which is a notable aspect of its financial transparency and could indicate a volunteer-led executive team or that compensation is reported under other categories, warranting further investigation. Spending efficiency appears strong, with expenses generally lower than revenue, allowing for asset growth. For instance, in 2023, expenses were $4.47 million against $4.83 million in revenue, resulting in a surplus. The absence of reported officer compensation on the 990s is a key point for transparency; while it could be a positive sign of volunteer leadership, it also requires clarification to ensure all executive benefits are fully disclosed. Overall, the financial trends suggest a well-managed organization with a growing capacity to deliver on its mission.