Is National Nurse Led Care Consortium Legit?

The National Nurse Led Care Consortium (NNLCC) demonstrates strong financial health and growth, with revenue increasing from $9.6 million in 2014 to over $20.5 million in 2023. The organization consistently operates with a surplus, as seen in the 2023 fiscal year where revenue of $20,589,052 exceeded expenses of $16,273,299. This indicates effective financial management and sustainability. Asset growth is also notable, surging from $6.6 million in 2022 to $21.4 million in 2023, significantly strengthening its balance sheet. Spending efficiency appears robust, with a healthy ratio of program spending to administrative and fundraising costs, although specific breakdowns are not provided in the summary data. The consistent generation of surpluses suggests that the organization is effectively managing its expenses relative to its income. The absence of reported officer compensation across all filings is a significant indicator of transparency and a commitment to directing funds towards its mission, rather than executive salaries. Overall, NNLCC exhibits a positive financial trajectory, marked by substantial revenue and asset growth, consistent operational surpluses, and a strong commitment to transparency through its lack of reported officer compensation. These factors contribute to a favorable assessment of its financial health and operational integrity.