AI Transparency Report
Adirondack Community Action Programs Inc (ACAP) demonstrates a consistent operational history with revenues generally exceeding or closely matching expenses over the past decade, indicating stable financial management. For instance, in 202205, revenue was $7,339,971 against expenses of $7,073,560, showing a surplus. However, the most recent filing (202305) shows expenses ($8,184,359) exceeding revenue ($7,428,493), resulting in a deficit for that period. This recent trend warrants monitoring to ensure it's an anomaly rather than a new pattern.
The organization's assets have shown growth over time, from $1,094,130 in 201505 to $1,552,014 in 202305, although there was a notable decrease from $2,193,946 in 202205. Liabilities have also fluctuated but generally remain manageable relative to assets. A key strength in transparency is the consistent reporting of 0% officer compensation across all available filings, which suggests that executive pay is not a significant drain on resources and potentially indicates a volunteer or very low-paid leadership structure, or that compensation is reported differently in other sections of the 990 not provided here. This practice, if it means no compensation, is highly unusual for an organization of this size and warrants further investigation for clarity.