Is Legal Services Of The Hudson Valley Legit?

Legal Services Of The Hudson Valley demonstrates strong financial health and efficient spending, particularly in recent years. The organization has shown consistent growth in revenue, increasing from $12,552,488 in 2014 to $32,261,449 in 2023, indicating a growing capacity to serve its mission. Their expenses have generally tracked closely with revenue, suggesting effective management of resources. For instance, in 2023, expenses were $31,742,206 against revenues of $32,261,449, resulting in a modest surplus. The organization maintains a healthy asset base, which has grown significantly from $10,215,457 in 2014 to $18,801,792 in 2023, providing a solid financial foundation. Liabilities have also increased, but remain manageable relative to assets. The consistent reporting of 0% for officer compensation across all available filings suggests that executive compensation is either not reported in this specific field or is covered by other expense categories, which could warrant further investigation for complete transparency. Overall, the financial trends indicate a well-managed and growing nonprofit.