Is Side By Side Inc Legit?

Side By Side Inc demonstrates consistent, albeit modest, financial activity over the past decade, with annual revenues generally fluctuating between $50,000 and $80,000. The organization's assets have shown a steady growth trend, increasing from $25,701 in 2014 to $82,216 in 2023, indicating responsible asset management. However, the most recent filing for 2023 shows expenses ($75,500) exceeding revenue ($57,400), resulting in a deficit for that period, which warrants monitoring. The organization appears to maintain a lean operational structure, as evidenced by zero officer compensation reported across all available filings. This suggests a strong volunteer-driven model or very low administrative overhead, which is generally positive for spending efficiency. The absence of significant liabilities in most years also points to sound financial practices, though the $225 liability in 2023 is a minor increase. Given the available data, Side By Side Inc exhibits a good level of transparency by consistently filing its IRS 990s. The consistent reporting of zero officer compensation is a clear indicator of its compensation practices. While the recent deficit is a point to watch, the overall trend of asset growth and minimal liabilities suggests a financially stable, albeit small, operation.