Is Shield Of David Inc Dba The Shield Institute Legit?

Shield Of David Inc Dba The Shield Institute demonstrates consistent financial activity with annual revenues generally exceeding expenses, indicating a stable operational model. For instance, in 2023, revenue was $30,168,904 against expenses of $29,877,561, resulting in a surplus. The organization has shown significant growth in assets, nearly tripling from $9,084,336 in 2014 to $28,842,467 in 2023, which suggests effective asset management and reinvestment. Liabilities have also increased, but at a slower pace than assets, maintaining a healthy financial position. The organization's spending efficiency appears strong, as evidenced by the consistent surpluses and asset growth. The absence of reported officer compensation across all available filings is a notable point regarding transparency and resource allocation, suggesting that executive leadership may be compensated through other means or that the organization operates with a volunteer executive structure, which would be highly efficient. Further details on program vs. administrative spending would provide a more complete picture of efficiency. Overall, Shield Of David Inc appears to be a financially sound and well-managed organization. The consistent financial reporting over 13 periods, coupled with positive financial trends, indicates a commitment to operational stability and growth. The lack of reported officer compensation is a significant factor that could contribute to higher program spending ratios, assuming other compensation structures are not excessively high.