Is Combined Coordinating Council Inc Legit?

Combined Coordinating Council Inc. demonstrates consistent operational activity with revenues generally exceeding expenses in recent years, indicating a stable financial position. For instance, in the 202406 period, revenue was $2,175,724 against expenses of $2,042,572, resulting in a surplus. The organization's assets have fluctuated, showing a recent increase from $935,372 in 202206 to $1,144,786 in 202406, suggesting some growth in financial reserves. A notable aspect of their financial reporting is the consistent declaration of 0% officer compensation across all available filings, which points to a strong commitment to directing funds towards the mission rather than executive salaries. This practice significantly enhances their transparency and efficiency profile. However, the consistent reporting of Liabilities equaling Assets across all periods (e.g., $1,144,786 in both for 202406) is unusual for a healthy nonprofit and could indicate a specific accounting method or a reliance on restricted funds that are fully offset by corresponding liabilities. This warrants further investigation to understand the true nature of their financial structure and unrestricted net assets. While the lack of executive compensation is a positive sign for efficiency, the overall financial health would be clearer with a more detailed breakdown of expenses beyond what is provided, particularly regarding program versus administrative costs. Overall, the organization appears to be financially stable with a commendable approach to executive compensation. Their consistent revenue generation and asset growth in recent periods are positive indicators. However, the asset-liability parity across all filings is a unique characteristic that could impact the interpretation of their financial flexibility and should be examined more closely for a complete understanding of their financial health.