Is Eastwood Of Ames Inc Legit?

Eastwood Of Ames Inc demonstrates a generally stable financial position with consistent growth in assets and revenue over the past several years. In the latest filing (202312), the organization reported revenue of $4,641,859 against expenses of $3,896,604, indicating a healthy surplus. Their assets have grown significantly, reaching $21,728,547 in 2023 from $6,689,096 in 2017, suggesting strong financial management and potentially significant capital investments. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment. While specific program spending percentages are not provided in the summary data, the consistent surpluses and asset growth suggest efficient use of funds. The absence of officer compensation is a notable strength in terms of financial transparency and accountability. The organization's liabilities have also increased alongside assets, reaching $14,142,647 in 2023, which warrants monitoring but is not necessarily a red flag given the substantial asset base. Overall, Eastwood Of Ames Inc appears to be a financially sound organization with a positive trend in revenue and assets. Their commitment to not compensating officers is a significant positive for transparency and public trust. Further analysis of their functional expense breakdown would provide a more precise understanding of their spending efficiency across programs, administration, and fundraising.