Is Long Island Advocacy Center Inc Legit?

The Long Island Advocacy Center Inc demonstrates consistent financial health with stable revenue streams and prudent expense management over the past decade. In the latest filing (202312), the organization reported revenues of $1,803,081 against expenses of $1,771,914, indicating a slight surplus. Its assets have shown steady growth, reaching $1,979,190 in 202312, which provides a solid financial foundation. The organization's liabilities have fluctuated but remain manageable relative to its assets, with $442,344 in liabilities in 202312. Spending efficiency appears strong, as the organization consistently spends a high proportion of its budget on program services. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent surpluses and asset growth suggest effective resource allocation. The absence of reported officer compensation across all filings indicates a commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator for transparency and donor trust. Overall, the Long Island Advocacy Center Inc appears to be a financially stable and efficiently managed nonprofit. Its consistent operational surpluses, growing asset base, and lack of reported officer compensation contribute to a positive assessment of its financial health and transparency. Donors can be reasonably confident that their contributions are being used effectively to support the organization's advocacy mission.