Is Home Aides Of Rockland Inc Legit?

Quick charity verification for Home Aides Of Rockland Inc (EIN: 132649430)

Verdict: Home Aides Of Rockland Inc shows mixed signals

55/100Mission Score
$1.9MRevenue
$243KAssets
3Red Flags
1Strengths

Red Flags

Strengths

AI Transparency Report

Home Aides Of Rockland Inc exhibits a concerning trend of declining revenue and increasing deficits over recent years. In 2016, the organization reported revenue of $1,851,134 against expenses of $1,989,940, resulting in a deficit of $138,806. This continues a pattern seen in 2015, where expenses exceeded revenue by $115,001. While the organization's assets of $243,164 in 2016 are greater than its liabilities of $208,952, the consistent operational losses are unsustainable long-term and could erode its financial stability. The lack of reported officer compensation across all filings suggests either a fully volunteer leadership or compensation is reported under other expense categories, which could impact transparency regarding executive pay.

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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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