Is Ken Ton Presbyterian Village Housing Development Fund Co Inc Legit?

Quick charity verification for Ken Ton Presbyterian Village Housing Development Fund Co Inc (EIN: 161127014)

Verdict: Ken Ton Presbyterian Village Housing Development Fund Co Inc appears trustworthy

85/100Mission Score
$2.2MRevenue
$7.8MAssets
1Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Ken Ton Presbyterian Village Housing Development Fund Co Inc appears to be a stable organization focused on its program services, as indicated by its consistent revenue and expense patterns over the past decade. The organization consistently reports 0% officer compensation, which is a strong indicator of efficient use of funds and a volunteer-driven leadership structure. While the organization has experienced fluctuations in its net assets, with a notable decrease from $10,064,244 in 2019 to $8,064,353 in 2023, its liabilities have also decreased from $8,371,810 to $8,272,227 in the same period, suggesting a managed financial position. The consistent reporting of 0% officer compensation across all available filings demonstrates a high level of transparency regarding executive pay and a commitment to directing resources towards its mission.

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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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