Is Epic Long Island Inc Legit?

Epic Long Island Inc. demonstrates a consistent operational history with revenues generally exceeding expenses in recent years, indicating sound financial management. For instance, in 2023, revenue was $34,727,619 against expenses of $33,808,846, resulting in a surplus. The organization's assets have shown growth, reaching $17,332,989 in 2023, up from $17,013,561 in 2022, suggesting a stable financial position. However, the consistent reporting of 0% for officer compensation across all available filings raises questions about the transparency of executive remuneration, as it's highly unusual for an organization of this size (latest revenue $39,046,829) to have no compensated officers. This lack of detail could be a red flag for transparency. The organization's spending efficiency appears reasonable given the NTEE code G54 (Residential Care & Adult Day Programs), which often involves significant operational costs. While specific program spending percentages are not provided in the raw data, the overall financial health seems stable with consistent revenue streams. The growth in revenue from $23,482,280 in 2014 to $39,046,829 currently indicates a growing organization. The liabilities have also fluctuated but remain manageable relative to assets, with a liability-to-asset ratio of approximately 0.65 in 2023 ($11,249,743 / $17,332,989). Overall, Epic Long Island Inc. appears to be a financially stable organization with a growing revenue base. The primary area for improvement in transparency lies in providing clearer information regarding executive compensation, as the repeated 0% reporting is atypical for an organization of its scale and could obscure a complete understanding of its financial practices.