Is Gang Alternative Inc Legit?

Gang Alternative Inc demonstrates strong financial health and consistent growth over the past decade. The organization has seen its revenue grow from $1.4 million in 2014 to over $10.7 million in 2023, indicating increasing support and capacity. Their asset base has also expanded significantly, from $159,976 in 2014 to $5,544,110 in 2023, suggesting prudent financial management and reinvestment. The organization consistently spends a high proportion of its expenses on program services, as evidenced by the 2023 filing where program service expenses were $7,800,000 out of total expenses of $9,265,692, representing approximately 84.2% of total expenses. This indicates a strong commitment to its mission. Spending efficiency appears robust, with a high percentage of funds directed towards programs. The organization's liabilities have remained manageable relative to its assets, indicating a healthy balance sheet. For instance, in 2023, liabilities were $1,535,459 against assets of $5,544,110. The consistent growth in revenue and assets, coupled with a high program spending ratio, suggests effective use of donor funds. Transparency is a notable strength, as the organization has consistently filed its IRS 990 forms, with 14 filings available. The consistent reporting of 0% officer compensation across all available filings is unusual and warrants further investigation to understand how executive leadership is compensated, if at all, or if this data point is reported differently. This could be a red flag for transparency if compensation is simply not being reported under 'officer compensation' but rather under other categories.