Is University Associates In Obstetrics & Gynecology P C Legit?

University Associates In Obstetrics & Gynecology P C demonstrates consistent financial activity with revenues exceeding $100 million in its latest filing (202306). The organization's expenses have generally tracked closely with its revenue, indicating a high operational tempo. For instance, in 202306, expenses were $101,834,942 against revenues of $100,738,538, resulting in a slight deficit. This trend of near break-even operations is common for organizations that are not accumulating significant reserves, as evidenced by relatively low assets ($1,959,820 in 202306) compared to its substantial revenue. The organization's financial health appears stable, managing large revenue streams effectively. However, the consistent pattern of assets equaling liabilities across multiple years (e.g., $1,959,820 in assets and liabilities in 202306) suggests that the organization may be operating with minimal net assets or that its financial structure is heavily reliant on liabilities, which warrants closer examination. The absence of reported officer compensation across all filings indicates a potential for high transparency regarding executive pay, or that compensation is structured in a way not reported under this specific line item on the 990 form. Spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising). However, the close alignment of expenses to revenue suggests that most funds are being utilized for operations. The organization's consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory transparency.