Is Preservation Chicago Nfp Legit?

Preservation Chicago Nfp demonstrates a strong financial position, particularly in its most recent filing period (202312) where revenue significantly outpaced expenses ($1,617,322 vs. $471,921). This resulted in a substantial increase in assets to $1,393,136, indicating effective financial management and growth. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. The organization's spending efficiency appears robust, especially in the latest period where expenses were less than a third of revenue. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial health suggests a well-managed operation. The consistent growth in revenue and assets over the past few years, culminating in the latest period's strong performance, points to increasing support and capacity for its mission.