Is Leaders Of Tomorrow Youth Center Inc Legit?

Quick charity verification for Leaders Of Tomorrow Youth Center Inc (EIN: 204398791)

Verdict: Leaders Of Tomorrow Youth Center Inc appears trustworthy

85/100Mission Score
$3.7MRevenue
$692KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Leaders Of Tomorrow Youth Center Inc demonstrates consistent growth in revenue and expenses over the past decade, with latest revenue reported at $3,689,884. The organization generally operates with expenses closely tracking revenue, indicating a focus on utilizing funds for current operations rather than accumulating large surpluses. For instance, in 2023, expenses were $2,739,739 against revenues of $2,713,407, showing a slight deficit. The organization's assets have also shown growth, reaching $724,586 in 2023, though liabilities have also increased significantly in recent years, reaching $602,847 in 2023, which warrants closer examination. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards programmatic activities rather than executive salaries, enhancing its financial health and public trust. However, the increasing liabilities, particularly in the last three years, could indicate reliance on debt or deferred payments, which needs to be monitored.

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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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