Is Southern Tier Aids Program Inc Legit?

Quick charity verification for Southern Tier Aids Program Inc (EIN: 161290951)

Verdict: Southern Tier Aids Program Inc appears trustworthy

92/100Mission Score
$7.4MRevenue
$5.1MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Southern Tier Aids Program Inc demonstrates consistent financial health with stable revenue and asset growth over the past decade. In the 202306 period, the organization reported revenues of $6,506,015 against expenses of $6,377,435, indicating a slight surplus. The organization's assets have steadily increased from $2,538,453 in 2014 to $4,948,569 in 2023, suggesting sound financial management and accumulation of resources. Liabilities have remained manageable relative to assets, with $816,639 in 2023. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice, while unusual, suggests that executive roles may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which warrants further investigation for a complete picture of compensation practices. Overall, the organization appears financially stable and efficient in its operations, with a strong emphasis on program delivery given the lack of reported officer compensation.

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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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