Is Safe Harbor Child Advocacy Center Inc Legit?

Quick charity verification for Safe Harbor Child Advocacy Center Inc (EIN: 203408131)

Verdict: Safe Harbor Child Advocacy Center Inc appears trustworthy

90/100Mission Score
$1.3MRevenue
$976KAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Safe Harbor Child Advocacy Center Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $938,364 in the 2023 fiscal period. The organization consistently spends less than or close to its revenue, indicating sound financial management and avoiding significant deficits. For instance, in 2023, expenses were $847,507 against revenues of $938,364, resulting in a surplus. The organization's assets have also shown growth, reaching $782,686 in 2023, suggesting a stable financial foundation. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a focus on directing funds towards the mission rather than executive salaries. Spending efficiency appears strong, particularly given the absence of reported officer compensation, which implies a high proportion of expenses are directed towards program services and operational needs. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial health and growth suggest effective resource allocation. The organization's consistent filing of IRS Form 990s over 13 periods further enhances its transparency, providing a clear historical record of its financial activities. Overall, Safe Harbor Child Advocacy Center Inc appears to be a well-managed and transparent organization, effectively growing its resources to support its mission. The consistent positive net assets and controlled expenses, coupled with no reported officer compensation, paint a picture of a financially responsible and mission-focused nonprofit.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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