Is Maine Avenue Manor Inc Legit?

Maine Avenue Manor Inc demonstrates consistent financial operations, with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $350,121 against expenses of $269,804, resulting in a surplus. The organization's assets have shown a steady increase, growing from $545,038 in 2014 to $781,843 in 2023, indicating financial stability and growth. However, liabilities have remained relatively high, often exceeding assets in earlier years, though they have decreased more recently, suggesting an improving balance sheet. The organization's spending efficiency appears strong, as evidenced by the consistent surplus of revenue over expenses. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely assess the efficiency of program delivery. However, the consistent positive net income suggests effective management of resources. The absence of reported officer compensation across all filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries. Transparency is generally good, with consistent annual filings available. The lack of reported officer compensation is a positive indicator for transparency regarding executive pay. However, the absence of an NTEE code and a detailed functional expense breakdown in the provided data limits a deeper analysis of program focus and administrative overhead. Further details on program activities would enhance the understanding of their impact.