Is Harrison County Alternative Education Center Incorporated Legit?

Harrison County Alternative Education Center Incorporated demonstrates consistent financial operations over the past decade, with revenues and expenses generally in the range of $250,000 to $330,000. The organization maintains a healthy asset base, growing from $123,377 in 2015 to $269,190 in 2023, with minimal to no liabilities reported, indicating strong financial solvency. While the latest filing (2023) shows expenses exceeding revenue by $24,945 ($329,832 vs $304,887), this appears to be an occasional fluctuation rather than a persistent trend, as most prior years show a surplus. The organization's spending efficiency is commendable, particularly given its consistent reporting of 0% officer compensation across all filings, suggesting that resources are primarily directed towards its mission rather than executive salaries. The absence of reported liabilities further enhances its financial stability and transparency. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to regulatory compliance and public transparency. Overall, the organization appears to be financially sound and responsibly managed, with a clear focus on its program activities. Its consistent asset growth and lack of debt are strong indicators of good financial health, despite minor year-to-year fluctuations in revenue and expenses.