Is Staten Island Zoological Society Inc Legit?

Quick charity verification for Staten Island Zoological Society Inc (EIN: 135680691)

Verdict: Staten Island Zoological Society Inc appears trustworthy

92/100Mission Score
$5.5MRevenue
$4.0MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Staten Island Zoological Society Inc. demonstrates a generally stable financial position with consistent revenue growth over the past several years, increasing from $3.9 million in 2015 to $5.5 million in 2024. The organization consistently operates with a surplus, as seen in the latest filing where revenue of $5,538,109 exceeded expenses of $5,199,957, indicating sound financial management. Asset growth is also notable, nearly tripling from $1.47 million in 2015 to $4.05 million in 2024, suggesting effective asset accumulation and investment in its mission. Spending efficiency appears strong, with the organization consistently managing expenses below or very close to revenue. The absence of reported officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards programmatic activities rather than executive salaries. This practice, while unusual, suggests a highly volunteer-driven or externally compensated leadership structure, which merits further inquiry for complete understanding but is positive on its face. Overall, the financial health of the Staten Island Zoological Society Inc. appears robust, characterized by steady growth, responsible spending, and a high degree of transparency regarding executive compensation. The consistent surpluses and asset growth position the organization well for continued operations and mission fulfillment.

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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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