Is Greater Derry Oral Health Collaborative Corporation Legit?

The Greater Derry Oral Health Collaborative Corporation demonstrates consistent financial health and a strong commitment to its program services. Over the past decade, the organization has maintained stable revenue streams, averaging around $160,000 annually, with expenses generally tracking closely to revenue, indicating responsible financial management. For the most recent period (202406), the organization reported revenues of $171,668 against expenses of $150,879, resulting in a surplus that has contributed to a steady growth in assets, reaching $159,549. This growth in assets, coupled with very low liabilities ($1,562 in 202406), suggests a healthy balance sheet and financial stability. The organization's spending efficiency appears high, particularly given that officer compensation has consistently been reported as 0% across all available filings. This indicates that leadership is likely volunteer-based or compensated through other means not categorized as officer compensation, which can significantly reduce administrative overhead. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the absence of officer compensation is a positive indicator for efficient use of funds. The consistent growth in assets also suggests that the organization is not overspending and is building reserves. In terms of transparency, the consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to public disclosure. The readily available financial data allows for a clear understanding of the organization's financial activities. The lack of officer compensation is a key transparency point, showing that the organization's resources are directed towards its mission rather than high executive salaries. Overall, the financial data points to a well-managed and transparent nonprofit.