Is Urban Assembly Inc Legit?

Urban Assembly Inc. demonstrates a generally healthy financial position with consistent revenue growth over the past decade, peaking at $9,831,334 in 202208 before a slight dip to $9,211,991 in 202308. The organization has also shown a strong ability to build its asset base, growing from $1,162,560 in 201608 to $8,544,186 in 202308, indicating sound financial management and accumulation of resources. Their liabilities have also increased, but at a slower rate than assets, maintaining a healthy asset-to-liability ratio. Spending efficiency appears strong, with expenses generally well-managed relative to revenue. For instance, in 202308, expenses were $8,638,355 against revenues of $9,211,991, resulting in a surplus. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice is highly commendable and suggests a strong focus on program delivery. Overall, Urban Assembly Inc. exhibits robust financial health, efficient spending practices, and a high degree of transparency regarding executive compensation. The consistent growth in assets and revenue, coupled with responsible expense management and zero reported officer compensation, paints a picture of a well-managed and mission-focused organization.