Is National Aphasia Association Inc Legit?

The National Aphasia Association Inc. demonstrates a strong financial position in its latest filing (202312), reporting revenue of $461,678 against expenses of $197,305, resulting in a significant surplus. This marks a substantial increase in revenue compared to previous years, such as $177,929 in 202212 and $180,016 in 202112. The organization's assets have also grown considerably, from $157,701 in 202212 to $450,585 in 202312, indicating healthy financial growth and stability. Regarding spending efficiency, the organization's expenses in 202312 were $197,305, which is less than half of its revenue for that period. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall low expense-to-revenue ratio suggests efficient management of resources. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to directing funds towards the mission rather than executive salaries, enhancing its transparency and public trust. Overall, the National Aphasia Association Inc. appears to be in robust financial health, with increasing revenue, growing assets, and a lean operational structure. The absence of officer compensation is a notable positive for transparency and mission focus. Further detailed analysis of program spending would provide a more complete picture of its impact.