Is Obesity Action Coalition Inc Legit?

The Obesity Action Coalition Inc (OAC) demonstrates a generally stable financial trajectory, with revenues consistently exceeding expenses in most recent years, leading to a growth in assets. For instance, in 2022, revenue was $1,904,129 against expenses of $1,764,801, contributing to an increase in assets to $816,303. However, the latest filing for 2023 shows expenses ($2,195,411) slightly exceeding revenue ($2,001,050), resulting in a decrease in assets from the previous year. This indicates a need for careful monitoring of spending relative to income to maintain financial health. The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings, suggesting a commitment to directing funds towards its mission rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a positive indicator of efficiency. The OAC's consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to transparency, providing a clear historical record of its financial activities. Overall, OAC appears to be a financially sound organization with a good track record of transparency. The recent dip in net assets in 2023 warrants attention, but the long-term trend of revenue growth and asset accumulation, coupled with zero reported officer compensation, suggests a well-managed and mission-focused entity. Their ability to manage liabilities, which have generally remained below assets, also points to responsible financial stewardship.