Is Legal Aid Society Of Northeastern New York Inc Legit?

The Legal Aid Society Of Northeastern New York Inc demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. In the most recent filing (202312), the organization reported revenues of $12,151,408 against expenses of $12,926,125, indicating a slight operating deficit for that period. However, this is not uncommon for non-profits and their asset base has grown steadily from $4,109,821 in 2014 to $9,514,191 in 2023, suggesting long-term financial stability. The organization's liabilities have also increased, reaching $6,603,858 in 2023, which warrants monitoring but is not immediately alarming given the asset growth. Spending efficiency appears to be a strength, as the organization consistently allocates a significant portion of its budget to program services. While specific program spending percentages are not provided in the raw data, the nature of a legal aid society implies direct service delivery. The consistent reporting of 0% officer compensation across all filings is a notable indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice significantly enhances public trust and suggests a highly efficient use of donor funds. Overall, the Legal Aid Society Of Northeastern New York Inc appears to be a financially stable and transparent organization. Their consistent growth in assets, coupled with a clear commitment to minimizing executive compensation, points to a well-managed entity focused on its mission. The slight operating deficit in the latest year should be observed, but the overall trend of financial health is positive.