Is Harlem Dowling Westside Center Children And Family Services Legit?

Harlem Dowling Westside Center Children And Family Services demonstrates consistent operational activity with revenues and expenses generally in close alignment over the past decade. In the latest filing (202306), the organization reported revenues of $4,696,221 against expenses of $4,693,724, indicating a very tight operating margin. While the organization's assets have shown significant growth, particularly from $1,970,300 in 202206 to $6,715,379 in 202306, its liabilities have also increased substantially, reaching $7,900,482 in 202306. This suggests a reliance on debt or other obligations, which warrants closer examination. The organization's financial health appears stable in terms of its ability to cover annual expenses with annual revenues. However, the high liabilities relative to assets, with liabilities exceeding assets in the latest filing by over $1.1 million, raises concerns about long-term financial solvency and asset-liability management. The consistent reporting of 0% officer compensation across all filings suggests either a fully volunteer leadership or that compensation is reported under other expense categories, which could impact transparency regarding executive pay.