Is Junior Achievement Of New York Legit?

Junior Achievement Of New York demonstrates generally sound financial health, with a notable increase in revenue and assets in its latest filing period (202306). Revenue jumped to $6,004,653 from $3,164,952 in the prior year, and assets grew significantly from $3,649,260 to $6,859,813. This growth, coupled with expenses of $3,922,294 in 202306, indicates a healthy surplus for the period. The organization consistently maintains a positive net asset position, with assets substantially exceeding liabilities across all reported periods. Spending efficiency appears strong, particularly in the most recent period where expenses were well below revenue. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial trend suggests effective management of resources. The consistent reporting of 0% officer compensation across all filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances donor confidence and reflects a highly efficient use of resources at the leadership level. Overall, Junior Achievement Of New York exhibits a robust financial standing, marked by growth, responsible spending, and a high degree of transparency regarding executive compensation. The organization's ability to generate significant surpluses and grow its asset base while maintaining zero officer compensation points to a well-managed and mission-focused operation.