Is Nami Of Lake County Legit?

Nami Of Lake County demonstrates a generally stable financial trajectory, with consistent revenue growth over the past decade, increasing from $166,141 in 2015 to $363,723 in 2023. The organization has maintained a healthy operating surplus in most recent years, such as in 2023 where revenue of $363,723 exceeded expenses of $319,894, indicating sound financial management. Their asset base has also grown significantly, from $31,114 in 2015 to $193,413 in 2023, providing a stronger financial foundation. The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that resources are primarily directed towards programmatic activities and operational needs rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a positive indicator of efficient resource allocation. The organization's liabilities have fluctuated but remain manageable relative to its assets, with liabilities of $65,623 against assets of $193,413 in 2023. Transparency is high regarding executive compensation, as the 0% reported officer compensation is a clear and consistent data point. The consistent filing of IRS Form 990s over 13 periods further demonstrates a commitment to public accountability. The growth in assets and revenue, coupled with controlled expenses, paints a picture of a financially responsible and growing nonprofit.