Is Hands In 4 Youth Of Ny Inc Legit?

Hands In 4 Youth Of Ny Inc demonstrates a fluctuating financial health over the past decade. While the organization has consistently reported revenues in the hundreds of thousands, there have been periods where expenses exceeded revenue, such as in 201909 ($541,594 expenses vs. $518,529 revenue) and 202009 ($462,066 expenses vs. $454,768 revenue), indicating operational deficits. However, more recent filings show a return to positive net income, with 202309 reporting $331,633 in revenue against $328,645 in expenses. The organization's assets have also seen significant swings, peaking at over $1.5 million in 2014-2016 before dropping substantially to $20,356 in 202009, and then recovering to $130,491 in 202309. This volatility in assets and occasional deficits suggest a need for more stable financial planning. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent reporting of 0% officer compensation across all available filings is a positive indicator of resource allocation towards the organization's mission rather than executive salaries. The organization's NTEE code N20I (Youth Development Programs) suggests a focus on direct services, which typically aligns with higher program spending. The recent trend of revenue exceeding expenses is a good sign for sustainability. In terms of transparency, the availability of 13 years of IRS 990 filings is commendable, providing a comprehensive historical view of the organization's financial activities. The consistent reporting of officer compensation as 0% is a clear and transparent disclosure. However, the lack of detailed expense breakdowns in the provided data limits a deeper analysis of how funds are specifically allocated across programs, administration, and fundraising, which would further enhance transparency.