Is Safe Haven Youth Program Inc Legit?

Safe Haven Youth Program Inc demonstrates a mixed financial picture. While the organization has shown significant growth in revenue and assets over the past few years, particularly from $238,411 in revenue in 2020 to $813,834 in 2023, its spending efficiency has fluctuated. In 2023, expenses ($1,031,443) exceeded revenue ($813,834), leading to a deficit, which is a concern for long-term sustainability if it becomes a trend. However, the organization's assets have grown substantially, reaching $1,000,705 in 2023, indicating a stronger financial base than in previous years. The consistent reporting of 0% officer compensation across all filings suggests a commitment to directing funds towards programs rather than executive salaries, which is a positive indicator of transparency and mission focus. The organization's liabilities have remained relatively low in recent years, with $19,061 in 2023, which is a good sign of financial stability. The NTEE code B90 (Youth Development Programs) aligns with their mission, and the growth in financial scale suggests an increasing capacity to serve their target population. However, the deficit in the latest filing period warrants closer monitoring to ensure it's an anomaly rather than a recurring issue. Overall, the organization appears to be growing and generally fiscally responsible, with a strong emphasis on program delivery given the lack of executive compensation.