Is Families First In Essex County Inc Legit?

Quick charity verification for Families First In Essex County Inc (EIN: 141763863)

Verdict: Families First In Essex County Inc appears trustworthy

95/100Mission Score
$3.0MRevenue
$2.3MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Families First In Essex County Inc demonstrates consistent financial growth and strong program spending based on its IRS 990 filings. Over the past decade, the organization has seen its revenue grow from $1,149,028 in 2013 to $3,083,057 in 2023, indicating a healthy expansion of its operations and funding base. The organization consistently reports zero officer compensation, which is a significant indicator of transparency and a commitment to directing resources towards its mission rather than executive salaries. This practice, while unusual, suggests a volunteer-led or very lean administrative structure at the top. The organization's financial health appears robust, with assets steadily increasing from $994,788 in 2013 to $2,283,804 in 2023, outpacing liabilities. The consistent surplus of revenue over expenses in most years, such as $101,807 in 2023 ($3,083,057 revenue vs. $2,981,250 expenses), allows for asset accumulation and operational stability. The absence of reported officer compensation further enhances its transparency profile, as it removes a common area of scrutiny for nonprofits. Overall, Families First In Essex County Inc appears to be a financially sound and mission-focused organization.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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