Is Niagara Falls Boys & Girls Club Legit?

The Niagara Falls Boys & Girls Club demonstrates a generally stable financial trajectory, with revenues showing consistent growth over the past decade, from $581,570 in 2014 to $1,879,320 in 2023. The organization has also significantly grown its assets, from $253,422 in 2014 to $2,784,778 in 2023, indicating strong financial management and accumulation of resources. However, the most recent filing (2023) shows expenses exceeding revenue by $276,112 ($2,155,432 in expenses vs. $1,879,320 in revenue), which warrants attention, though it follows several years of significant revenue surpluses. The organization consistently reports 0% officer compensation, which is a notable aspect of its financial transparency and resource allocation. The organization's spending efficiency appears to be strong, particularly given the consistent growth in assets and the absence of officer compensation. While the 2023 deficit is a point to monitor, the overall trend of increasing revenue and assets suggests effective program delivery and fundraising. The low liabilities relative to assets across most years also points to a healthy balance sheet. The consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to transparency. Overall, the Niagara Falls Boys & Girls Club appears to be a financially sound organization with a strong track record of growth and responsible asset management. The recent deficit should be monitored, but it does not overshadow the long-term positive financial trends and the organization's commitment to transparency through its consistent reporting and zero officer compensation.