Is New York State Society Of Physicians Assistants Legit?

The New York State Society Of Physicians Assistants demonstrates a consistent pattern of financial growth over the past several years, with revenue increasing from $344,668 in 2014 to $661,106 in 2023. The organization has also significantly grown its assets, from $64,167 in 2014 to $799,638 in 2023, indicating a healthy accumulation of resources. Their liabilities have also increased, reaching $460,417 in 2023, which should be monitored relative to asset growth. Spending efficiency appears reasonable, with expenses generally tracking revenue. For instance, in 2023, expenses were $612,674 against revenues of $661,106, resulting in a surplus. A notable strength is the consistent reporting of 0% officer compensation across all available filings, which suggests a volunteer-driven leadership or that compensation is not reported in this section, enhancing perceived transparency regarding executive pay. However, without a detailed functional expense breakdown (program, administrative, fundraising), a precise assessment of spending efficiency is challenging. Overall, the organization shows positive financial trends with increasing revenue and assets. The lack of reported officer compensation is a positive indicator for transparency. To further enhance transparency, a more detailed breakdown of functional expenses would be beneficial for stakeholders to understand how funds are allocated across programs, administration, and fundraising efforts.