Is N Y State Assoc Of Nurse Anesthetists Inc Legit?

N Y State Assoc Of Nurse Anesthetists Inc demonstrates consistent financial stability with growing assets over the past several years, reaching $1,319,885 in 2023. The organization's revenue has fluctuated, with a notable increase to $656,197 in 2023, up from $559,968 in 2022. Expenses have generally tracked revenue, indicating a balanced operational approach, though 2023 saw expenses ($667,203) slightly exceed revenue. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for its mission. This suggests a high degree of financial prudence and a focus on programmatic activities rather than executive overhead. The organization's spending efficiency appears strong, particularly given the absence of officer compensation. While specific program spending ratios are not detailed in the provided data, the overall financial picture suggests that the majority of funds are likely directed towards its mission. The consistent growth in assets, from $783,810 in 2015 to over $1.3 million in 2023, further reinforces a healthy financial position. The low liabilities across most years also point to responsible financial management. Transparency is generally good, with consistent IRS 990 filings. The clear reporting of zero officer compensation is a significant positive for transparency, indicating that financial resources are not being diverted to high executive salaries. The consistent filing history provides a clear long-term view of the organization's financial trajectory, allowing for informed analysis of its fiscal health and operational trends.