Is Family Services Of Westchester Inc Legit?

Family Services Of Westchester Inc has demonstrated consistent growth in revenue and assets over the past several years, indicating a healthy financial trajectory. For instance, revenue grew from $22,585,927 in 2020 to $33,048,041 in 2023, and assets nearly doubled from $11,909,133 to $21,260,087 in the same period. The organization generally operates with a surplus, with expenses typically below revenue, such as in 2023 where expenses were $32,858,088 against $33,048,041 in revenue. This suggests sound financial management and an ability to build reserves. Regarding spending efficiency, the provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent operational surpluses suggest that the organization is managing its overall expenditures effectively relative to its income. The significant increase in assets, particularly the growth in net assets (assets minus liabilities), from $627,098 in 2020 to $7,028,771 in 2023, further supports a positive financial outlook and capacity for future programming. Transparency regarding executive compensation is notable, as the 'Officer Comp' is reported as 0% across all provided filings. While this might indicate that compensation is reported under other categories or that the highest-paid individuals are not classified as 'officers' in the context of this specific data point, it warrants further investigation for a complete understanding of executive pay practices. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and public disclosure.