Is Groundwork Hudson Valley Inc Legit?

Quick charity verification for Groundwork Hudson Valley Inc (EIN: 113579493)

Verdict: Groundwork Hudson Valley Inc appears trustworthy

90/100Mission Score
$1.8MRevenue
$2.0MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Groundwork Hudson Valley Inc. demonstrates a generally stable financial position, with assets consistently exceeding liabilities over the past decade. While the organization experienced a slight deficit in 2023, with expenses of $1,861,469 exceeding revenue of $1,756,596, this follows a period of strong revenue growth in 2021 ($2,122,086) and appears to be a minor fluctuation rather than a systemic issue. The organization's assets have grown significantly over the long term, from $261,781 in 2015 to $1,952,104 in 2023, indicating good financial management and accumulation of resources. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, which is a strong indicator of financial transparency and efficiency.

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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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