Is Northern Kentucky University Research Foundation Inc Legit?

The Northern Kentucky University Research Foundation Inc. demonstrates a generally stable financial position, with recent revenues closely matching expenses. For the period ending 202406, the organization reported revenues of $3,652,870 against expenses of $3,608,121, indicating efficient management of resources. However, there's significant volatility in revenue and asset figures across different years, notably a peak revenue of $7,339,516 in 202206 and a substantial asset base of $17,172,069 in the same period, which then decreased to $2,034,552 by 202406. This fluctuation warrants further investigation to understand the underlying causes, such as specific grant cycles or project completions. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall close alignment of revenues and expenses suggests a lean operational model. The absence of officer compensation also contributes positively to its transparency and public trust.