Is Northeast Regional Law Enforcement Educational Association Inc Legit?

Quick charity verification for Northeast Regional Law Enforcement Educational Association Inc (EIN: 161746604)

Verdict: Northeast Regional Law Enforcement Educational Association Inc appears trustworthy

90/100Mission Score
$295KRevenue
$248KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Northeast Regional Law Enforcement Educational Association Inc (NRLEEA) demonstrates a generally healthy financial position, with consistent revenue generation and a positive trend in asset growth over the past several years. For instance, assets grew from $57,370 in 2016 to $218,045 in 2023. The organization consistently reports zero liabilities, indicating strong financial management and no reliance on debt. Spending efficiency appears robust, as evidenced by the latest filing (2023) where expenses ($234,968) are well within revenue ($253,942), allowing for a surplus that contributes to asset growth. The organization's transparency is high, particularly regarding executive compensation, which is consistently reported as 0% across all available filings. This indicates that no officers or key employees receive compensation, which is a significant positive for a nonprofit. The consistent filing of IRS Form 990s over 14 periods further underscores their commitment to transparency and regulatory compliance. While specific program spending details are not provided in the summary data, the overall financial health and lack of liabilities suggest resources are being managed effectively. Overall, NRLEEA appears to be a financially stable and well-managed organization. Their consistent asset growth, lack of debt, and transparent reporting of zero officer compensation are strong indicators of good financial health and responsible stewardship of funds. The fluctuations in revenue, such as the dip in 2020-2021, are common for many nonprofits and have been successfully navigated, with revenue rebounding strongly in subsequent years.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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