Is Hands Across Long Island Incorporated Legit?

Hands Across Long Island Incorporated demonstrates consistent financial activity, with revenues and expenses generally increasing over the past few years, reaching $5,265,432 in both revenue and expenses for the 202312 period. The organization maintains a healthy asset base, reported at $8,764,420 in the latest filing, which comfortably exceeds its liabilities of $6,599,514. This indicates a stable financial position, though the organization appears to operate close to break-even in terms of annual revenue and expenses, as seen in the 202312 filing where revenue equaled expenses. The organization's spending efficiency is notable given the consistent reporting of 0% officer compensation across all available filings. This suggests a strong commitment to directing resources towards its mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation is a positive indicator for efficiency. The organization's financial stability, coupled with its consistent operations, suggests a well-managed entity. Transparency is generally good, with 13 filings available, indicating regular reporting to the IRS. The consistent financial reporting and the clear absence of officer compensation contribute to a positive view of its transparency practices. However, without more granular expense data, a full assessment of program spending versus overhead is limited.