Is University At Buffalo Pathologists Pc Legit?

University At Buffalo Pathologists Pc demonstrates consistent financial activity, with revenues and expenses generally in the range of $7-8 million over the past decade. The organization has maintained a healthy asset base, typically around $5-6 million, which provides a solid foundation. However, recent filings for 2022 and 2023 show expenses slightly exceeding revenue, indicating a minor operating deficit in those periods. For instance, in 2023, expenses were $8,340,693 against revenues of $8,227,663, and in 2022, expenses were $8,085,079 against revenues of $7,771,363. This trend warrants monitoring to ensure long-term financial stability. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, indicating a commitment to public disclosure. The reported 0% officer compensation across all available filings is a significant positive indicator, suggesting that leadership is not drawing salaries from the organization, which can free up more resources for its mission. This practice enhances public trust and demonstrates a strong focus on resource allocation towards its stated purpose. While the detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data, the absence of officer compensation suggests a potentially efficient use of funds. The consistent asset levels relative to revenue also indicate prudent financial management. The slight operating deficits in the last two years are not alarming given the overall financial scale and asset base, but continued monitoring of expense management will be crucial.