Is Keyhole To Opportunity Nfp Legit?

Keyhole To Opportunity Nfp demonstrates consistent financial growth and stability over the past decade. Revenue has steadily increased from $497,372 in 2014 to $943,763 in 2023, indicating strong fundraising or program income. The organization consistently operates with a surplus, as seen in the 2023 period where revenue of $943,763 exceeded expenses of $822,489. This surplus contributes to a healthy growth in assets, which have more than doubled from $1,432,315 in 2014 to $2,588,132 in 2023. The organization's liabilities have also increased alongside assets, but the asset-to-liability ratio remains favorable, suggesting good financial management. A notable aspect of their financial structure is the reported 0% officer compensation across all available filings, which could indicate a volunteer-led executive team or that compensation is reported under other expense categories, warranting further investigation for full transparency. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency, but the consistent surpluses are a positive sign. Overall, Keyhole To Opportunity Nfp appears to be in a strong financial position with a clear trend of growth and responsible asset management. The lack of reported officer compensation is a significant point for transparency, as it's unusual for an organization of this size and revenue to have no paid leadership. Further detail on expense allocation would enhance the understanding of their operational efficiency and program impact.