Is Northeast Home Energy Rating System Alliance Inc Legit?

Northeast Home Energy Rating System Alliance Inc. demonstrates consistent financial stability, operating with a lean structure and maintaining positive asset balances over the past decade. The organization's revenue has fluctuated, with a notable increase in the latest reported period (202312) to $170,220, though expenses slightly exceeded revenue in that year. Historically, the organization has managed its finances prudently, often operating with a surplus or a minor deficit, indicating careful stewardship of funds. Their consistent reporting and zero liabilities across all filings suggest a high degree of financial transparency and responsible management. The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation, which indicates that leadership is either volunteer-based or compensated through other means not classified as officer compensation, contributing to lower overhead. While a detailed breakdown of program vs. administrative spending isn't explicitly provided in the summary data, the overall financial picture suggests a focus on mission delivery given the modest operational scale and consistent asset levels. The organization's assets have generally remained stable, fluctuating around the $100,000 mark, which is appropriate for its revenue size. Overall, Northeast Home Energy Rating System Alliance Inc. appears to be a well-managed and transparent organization. Their consistent filing history, lack of liabilities, and absence of officer compensation point to a commitment to maximizing resources for their stated mission. The slight deficit in the most recent two years (202312 and 202212) warrants monitoring but is not a significant concern given the overall financial health and asset base.