Is Joan Dancy And Pals Inc Legit?

Joan Dancy And Pals Inc demonstrates a generally healthy financial position with consistent revenue generation and a strong asset base. In the latest reported period (202306), the organization reported revenue of $1,208,279 against expenses of $610,309, indicating a significant surplus that contributed to an increase in assets to $1,430,407. This trend of revenue exceeding expenses is a positive indicator of financial stability, especially when compared to earlier periods like 202106 where expenses ($703,839) exceeded revenue ($351,566). The organization's spending efficiency appears robust, particularly given the reported 0% officer compensation across all available filings, suggesting that administrative costs related to executive salaries are non-existent. This allows a greater proportion of funds to be directed towards program services. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the raw data, the absence of officer compensation is a strong positive for efficiency and transparency. The organization's assets have shown growth over time, from $1,003,618 in 201406 to $1,430,407 in 202306, further solidifying its financial foundation.