Is Spark Youth Nyc Inc Legit?

Spark Youth Nyc Inc demonstrates generally sound financial health, with consistent revenue streams over the past decade, averaging around $1.7 million annually. While the organization experienced a deficit in 2023, with expenses exceeding revenue by approximately $218,881, this follows several years of surpluses, indicating a generally stable financial position. The organization's assets have shown steady growth, reaching $1,565,813 in 2023, which provides a solid foundation. The spending efficiency appears strong, as indicated by the consistent reporting of 0% officer compensation across all available filings, suggesting that executive salaries are not a significant drain on resources. This also points to a high degree of transparency regarding executive pay. The organization's liabilities have remained relatively low compared to its assets, further reinforcing its financial stability. Overall, Spark Youth Nyc Inc appears to be a well-managed organization with a focus on its mission, supported by its financial trends and transparent compensation practices. The recent deficit warrants monitoring, but it does not immediately suggest a systemic issue given the historical performance.