Is Mental Health Assn Of Nassau County Inc Legit?

Quick charity verification for Mental Health Assn Of Nassau County Inc (EIN: 111710983)

Verdict: Mental Health Assn Of Nassau County Inc appears trustworthy

75/100Mission Score
$14.3MRevenue
$17.5MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Mental Health Assn Of Nassau County Inc demonstrates consistent financial operations, with revenues generally exceeding expenses in recent years, contributing to a healthy asset base. For instance, in 2023, revenues were $13,347,144 against expenses of $12,560,015, indicating a surplus. The organization's assets have shown growth, reaching $18,493,787 in 2023, up from $15,543,770 in 2022, suggesting sound financial management and capacity building. However, a notable aspect of their filings is the consistent reporting of 0% for Officer Compensation across all available periods. While this could indicate that officers are not compensated directly through the organization or that compensation is reported differently, it warrants further investigation for complete transparency regarding executive remuneration. Without detailed breakdowns of functional expenses (program, administrative, fundraising), a precise assessment of spending efficiency is challenging. Overall, the organization appears financially stable with a growing asset base. To enhance transparency, providing more granular detail on functional expenses and clarifying the executive compensation structure would be beneficial for stakeholders.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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