Is Upstate New York Engineers Sub Fund Legit?

Upstate New York Engineers Sub Fund demonstrates a strong and improving financial trajectory. Over the past five years, the organization has consistently increased its revenue, from $1,112,044 in 2020 to $1,697,395 in 2024, while maintaining expenses at a reasonable level relative to income. This has led to a significant growth in assets, from $175,991 in 2020 to $2,369,788 in 2024, indicating sound financial management and accumulation of reserves. The organization's liabilities have remained relatively stable and low compared to its assets, further reinforcing its financial stability. Regarding spending efficiency, the organization consistently reports 0% officer compensation, which suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation on the 990, which is a positive indicator for donor confidence. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial health and asset growth suggest effective use of funds. The consistent growth in assets, particularly the jump from $708,974 in 2021 to $2,369,788 in 2024, indicates strong financial stewardship. Transparency is generally good, with 14 filings available, demonstrating a consistent reporting history. The absence of officer compensation is a notable point for transparency, as it indicates either volunteer leadership or a structure where executive pay is not a significant line item. However, without a detailed functional expense breakdown, it's challenging to fully assess the efficiency of program delivery versus overhead. The NTEE code Y24Z (Engineering & Technology) suggests a clear mission focus.