Is Roy And Elsie Blythe Foundation Legit?

The Roy And Elsie Blythe Foundation demonstrates consistent financial activity, with revenues and expenses generally in the range of $500,000 to $700,000 annually over the past decade. The organization consistently reports zero officer compensation, which is a strong indicator of volunteer leadership and potentially lower administrative overhead. However, the foundation has experienced a gradual decline in assets, from $3.8 million in 2014 to $3.0 million in 2023, while liabilities have remained relatively low and stable, except for a spike in 2014 and 2015. This trend suggests that the foundation's expenses have frequently exceeded its revenues, leading to a draw-down on its asset base. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of zero officer compensation suggests a lean operational structure. The foundation's transparency appears high regarding executive compensation, as it consistently reports no such payments. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to regulatory compliance and public disclosure. Overall, while the foundation maintains a healthy asset base relative to its annual expenses, the trend of declining assets due to expenses exceeding revenues warrants attention. Its transparency regarding executive compensation is excellent, but a more detailed expense breakdown would further clarify its spending efficiency.