Is West Islip Youth Enrichment Services Incorporated Legit?

Quick charity verification for West Islip Youth Enrichment Services Incorporated (EIN: 112832268)

Verdict: West Islip Youth Enrichment Services Incorporated appears trustworthy

92/100Mission Score
$5.7MRevenue
$5.1MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

West Islip Youth Enrichment Services Incorporated demonstrates a generally stable financial position with consistent revenue growth over the past decade, increasing from $1.88 million in 2014 to $4.52 million in 2023. The organization maintains healthy asset levels, reaching $4.96 million in 2023, which comfortably exceeds its liabilities of $1.07 million. While the organization experienced a slight deficit in 2023, with expenses exceeding revenue by approximately $104,000, this appears to be an anomaly given previous years' surpluses. The absence of reported officer compensation across all available filings suggests a strong commitment to directing funds towards its mission, enhancing its transparency and public trust. The organization's spending efficiency appears robust, particularly given the zero reported officer compensation. This indicates that a very high proportion of its expenditures are likely directed towards program services. The consistent growth in both revenue and assets over a long period suggests effective financial management and fundraising capabilities. The organization's financial health is solid, with sufficient assets to cover liabilities and a history of operational surpluses, making it a financially sound entity. Transparency is a significant strength, primarily due to the consistent reporting of zero officer compensation. This practice, while unusual for an organization of its size, strongly signals that leadership is not drawing salaries, which is a positive indicator for donors. The consistent filing of IRS Form 990s over 13 periods further underscores its commitment to public accountability.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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