Is Friends Of The Good Samaritans Inc Legit?

Friends Of The Good Samaritans Inc demonstrates fluctuating financial health over the past decade. While the organization reported a positive net income in 2022 ($838,621 revenue vs. $639,915 expenses), it has frequently operated at a deficit, such as in 2021 where expenses ($1,218,965) nearly matched revenue ($1,237,859), and in 2020 where expenses ($949,760) exceeded revenue ($936,910). The organization's assets have also varied significantly, from $145,810 in 2022 to $0 in 2020, indicating a lack of consistent financial reserves. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership, which can be a positive for donor confidence regarding administrative costs. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the consistent operation with minimal asset accumulation and frequent deficits suggests that most funds are expended annually, likely on programs given the lack of officer compensation. The organization's ability to maintain operations despite these fluctuations points to a lean operational model. Transparency appears to be good regarding executive compensation, as zero compensation is consistently reported for officers. However, without more granular expense categories, a complete picture of spending efficiency and program impact remains somewhat opaque. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and basic financial transparency.