Is Safe Voices Legit?

Safe Voices demonstrates a generally stable financial trajectory, with revenue growing from $1,530,799 in 2014 to $3,103,790 in 2023, indicating increasing capacity to serve its mission. However, the latest filing (202309) shows expenses ($3,531,405) exceeding revenue ($3,103,790), resulting in a deficit for that period. This contrasts with several prior years where revenue outpaced expenses, such as in 202209 ($3,567,614 revenue vs. $3,161,891 expenses) and 202109 ($3,457,654 revenue vs. $2,886,597 expenses). The organization's asset base has shown significant growth, particularly between 202109 ($1,696,537) and 202209 ($3,882,553), and further to $3,984,926 in 202309, suggesting investment in long-term capacity. Liabilities have also increased substantially, from $259,344 in 202109 to $2,569,625 in 202309, which warrants closer examination to understand the nature of these obligations. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards programs and operational needs, and also suggests that executive leadership may be compensated through other means or that the organization relies heavily on volunteer leadership for its highest positions, which is a positive sign for donor confidence. Overall, Safe Voices appears to be a growing organization with a strong program focus, as evidenced by the lack of reported officer compensation. While the recent deficit in 202309 and the increase in liabilities are areas to monitor, the historical trend of revenue growth and asset accumulation suggests a generally healthy and expanding operation. Further detailed analysis of program spending ratios would provide a more complete picture of spending efficiency.