Is Saratoga P L A N Inc Legit?

Quick charity verification for Saratoga P L A N Inc (EIN: 141706013)

Verdict: Saratoga P L A N Inc appears trustworthy

90/100Mission Score
$2.6MRevenue
$5.3MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Saratoga P L A N Inc demonstrates generally sound financial health with consistent revenue generation and asset growth over the past decade. In the most recent filing (202312), the organization reported revenues of $3,687,989 against expenses of $3,489,781, indicating a surplus. Their assets have shown significant growth, increasing from $879,932 in 2014 to $4,112,010 in 2023, suggesting effective asset management and financial stability. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. The spending efficiency appears robust, with a high proportion of expenses likely directed towards program services, given the absence of officer compensation and the overall financial health. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the consistent surpluses and asset growth suggest responsible financial stewardship. The organization's consistent filing history over 13 periods further enhances its transparency profile, allowing for public scrutiny of its financial operations. Overall, Saratoga P L A N Inc appears to be a financially healthy and transparent organization, effectively managing its resources to achieve its mission. The consistent growth in assets and the absence of executive compensation are particularly positive indicators of its financial integrity and dedication to its cause.

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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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