Is Mallards Landing Legit?

Mallards Landing demonstrates consistent financial operations, with revenues generally exceeding expenses in recent years, contributing to a steady growth in assets. For instance, in 2023, revenue was $297,742 against expenses of $262,108, leading to an increase in assets to $2,449,158. The organization's assets have shown a gradual upward trend over the past decade, from $2,177,759 in 2014 to $2,449,158 in 2023, indicating financial stability and accumulation of resources. Liabilities have also shown a decreasing trend from $548,250 in 2014 to $442,000 in 2023, further strengthening its financial position. The organization's spending efficiency appears sound, as expenses are consistently managed below revenue in most recent periods. A notable aspect of its financial health is the reported 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator for donor confidence regarding administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency and program focus is challenging. Regarding transparency, the consistent filing of IRS Form 990s over 13 periods is a strong positive. The absence of reported officer compensation is a transparent disclosure. However, the lack of an NTEE code and detailed expense breakdowns in the provided data limits a deeper analysis of its programmatic focus and operational efficiency. Further details on how expenses are allocated would enhance transparency and allow for a more comprehensive evaluation of its mission effectiveness.