Is Suny Cobleskill Auxiliary Services Inc Legit?

Quick charity verification for Suny Cobleskill Auxiliary Services Inc (EIN: 141416206)

Verdict: Suny Cobleskill Auxiliary Services Inc appears trustworthy

85/100Mission Score
$12.3MRevenue
$9.5MAssets
1Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Suny Cobleskill Auxiliary Services Inc demonstrates consistent financial activity, with revenues and expenses generally in line with each other over the past decade. The organization's assets have remained relatively stable, fluctuating between approximately $8.0 million and $9.5 million, indicating a solid financial foundation. While there have been periods of deficit spending, such as in 2023 ($6.68M revenue vs. $7.19M expenses) and 2020 ($5.90M revenue vs. $6.93M expenses), these appear to be managed within the context of their overall asset base. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this specific area, which is a positive indicator for transparency and efficiency. The organization's liabilities have shown some fluctuation, peaking around $2.2 million in 2020 and 2023, but generally remain a manageable portion of their total assets. The absence of reported officer compensation is a significant factor in assessing their financial health and spending efficiency, as it suggests that leadership is not drawing direct salaries from the organization's funds, or that such compensation is reported under different categories not captured in the 'Officer Comp' metric. This practice, if sustained, contributes positively to the perception of funds being directed towards the auxiliary services provided. Overall, Suny Cobleskill Auxiliary Services Inc appears to be a financially stable organization with a consistent operational history. Their financial reporting, particularly the consistent 0% officer compensation, points towards a transparent approach to executive remuneration. While specific program spending ratios are not detailed in the provided data, the overall financial trends suggest a well-managed entity supporting its educational mission.

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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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