Is Radiologic Nursing Certification Board Inc Legit?

The Radiologic Nursing Certification Board Inc. demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past decade, assets have steadily grown from $307,805 in 2014 to $393,489 in 2023, indicating sound financial management and accumulation of reserves. The organization's revenue has fluctuated, with a high of $138,798 in 2019 and a low of $59,065 in 2022, but generally remains around the $100,000 mark. Expenses have also varied, occasionally exceeding revenue as seen in 2023 ($113,030 expenses vs. $102,150 revenue) and 2018 ($143,106 expenses vs. $114,877 revenue), suggesting periods of strategic investment or operational adjustments. However, these deficits appear to be covered by existing assets, as liabilities consistently remain at or near zero, indicating a strong balance sheet and no reliance on debt. The organization's transparency is excellent regarding executive compensation, as officer compensation has been reported as 0% across all available filings. This suggests that the organization is either entirely volunteer-run at the executive level or that compensation is structured in a way that doesn't fall under typical officer compensation reporting, which is a positive indicator for a smaller nonprofit. The consistent filing of IRS 990 forms over 12 periods further demonstrates a commitment to regulatory compliance and public transparency. While specific program spending ratios are not detailed in the provided data, the overall financial health and lack of liabilities are strong indicators of responsible stewardship.