Is Queens College Student Services Corporation Legit?

Queens College Student Services Corporation demonstrates a generally stable financial position, with assets consistently exceeding liabilities over the past decade. In the latest filing (202306), the organization reported assets of $4,407,171 against liabilities of $338,288, indicating strong financial solvency. Revenue and expenses have fluctuated, with a notable surplus in 202106 ($3,791,160 revenue vs. $2,381,896 expenses) and a smaller surplus in 202306 ($2,916,364 revenue vs. $2,793,132 expenses). The organization's NTEE code B80Z suggests a focus on student services, which aligns with its name. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust. Spending efficiency appears to be strong, particularly given the absence of officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the consistent surpluses in recent years (202306, 202206, 202106) suggest effective management of resources. The organization's financial health is robust, with a healthy asset base and manageable liabilities. The consistent filing of IRS 990s over 13 periods further demonstrates a commitment to transparency and accountability. Overall, Queens College Student Services Corporation appears to be a financially sound and well-managed organization. Its consistent surpluses, strong asset-to-liability ratio, and zero reported officer compensation are positive indicators of its financial health and dedication to its mission. The fluctuations in revenue and expenses are typical for organizations of this type and do not suggest any significant financial distress.