Is Shelters Of Saratoga Inc Legit?

Shelters Of Saratoga Inc demonstrates a generally healthy financial position with consistent revenue growth over the past decade, culminating in latest reported revenue of $4,899,887 and assets of $7,031,486. The organization consistently operates with a surplus, as seen in the 202406 period where revenue of $2,217,187 exceeded expenses of $1,742,165. This indicates sound financial management and an ability to build reserves. The absence of reported officer compensation across all available filings suggests a strong commitment to directing funds towards its mission, enhancing its spending efficiency and public trust. While specific program spending ratios are not explicitly detailed in the provided data, the consistent operational surpluses and zero officer compensation imply a high likelihood of efficient resource allocation. The organization's assets have also shown significant growth, from $1,366,325 in 201406 to $7,031,486 currently, indicating effective asset management and financial stability. The low liabilities relative to assets further underscore its robust financial health. Transparency appears strong given the consistent filing of IRS Form 990s over 13 periods. The lack of reported officer compensation is a notable positive for transparency and public perception regarding how donor funds are utilized. Overall, Shelters Of Saratoga Inc appears to be a well-managed and financially stable nonprofit.