Is York College Foundation Inc Legit?

The York College Foundation Inc. demonstrates consistent financial activity, with revenues fluctuating but generally maintaining a positive trend over the past decade. The organization's assets have shown steady growth, increasing from $2,002,140 in 2014 to $4,029,744 in 2023, indicating sound financial management and asset accumulation. Liabilities have remained relatively low across most years, suggesting a healthy balance sheet and minimal financial risk. The foundation's operational efficiency appears strong, as evidenced by its program spending, which consistently accounts for a significant portion of its total expenses. For instance, in 2023, expenses were $700,597 against revenues of $702,060, with a substantial portion directed towards its mission. The absence of reported officer compensation further enhances its transparency and commitment to directing funds towards its educational objectives. Overall, the foundation appears to be a financially stable and efficiently managed organization, effectively utilizing its resources to support York College.