Is Mental Health Services Erie County Northwest Corporation I Legit?

Quick charity verification for Mental Health Services Erie County Northwest Corporation I (EIN: 161037485)

Verdict: Mental Health Services Erie County Northwest Corporation I appears trustworthy

85/100Mission Score
$2.7MRevenue
$1.4MAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Mental Health Services Erie County Northwest Corporation I demonstrates consistent financial growth and appears to be fiscally responsible. Over the past five years, the organization has seen its revenue increase from $1,623,809 in 2019 to $2,600,197 in 2023, indicating a growing capacity to serve its mission. Expenses have generally tracked revenue, with the organization consistently operating with a surplus in recent years, such as the $200,394 surplus in 2023 ($2,600,197 revenue vs. $2,399,803 expenses). This consistent surplus has contributed to a healthy growth in assets, which have more than doubled from $782,387 in 2019 to $1,464,717 in 2023, while liabilities have remained manageable. The organization's financial health is further supported by its strong asset base relative to its liabilities. In 2023, assets stood at $1,464,717 against liabilities of $756,089, indicating a solid financial position. A key aspect of its spending efficiency is the reported 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, which could be a positive indicator of resource allocation directly to programs. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited. The consistent filing of IRS 990s over 13 periods demonstrates a commitment to regulatory compliance and basic financial transparency.

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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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