Is Teen Center Of Wilton Inc Legit?

The Teen Center Of Wilton Inc demonstrates a generally stable financial position with consistent asset levels around $1 million, though there has been a slight decline in assets from a peak of $1,150,661 in 2014 to $996,090 currently. The organization has experienced fluctuating revenues and expenses over the past decade, with a notable increase in revenue from $218,329 in 2014 to $513,674 currently, indicating growth in its funding base. However, the latest filing period (202306) shows expenses ($483,257) exceeding revenue ($450,317), resulting in a deficit for that year, which warrants monitoring. The organization's spending efficiency appears to be reasonable, with no reported officer compensation, suggesting that resources are not being diverted to high executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a positive indicator for resource allocation. The consistent liabilities, generally below 30% of assets, suggest prudent financial management and a healthy balance sheet. In terms of transparency, the organization has a consistent filing history with 12 IRS 990 filings, which is a strong indicator of compliance and public accountability. The lack of reported officer compensation across all provided periods enhances its transparency profile, as it suggests a volunteer-driven or modestly compensated leadership structure, which can be appealing to donors seeking to maximize program impact.