AI Transparency Report
Adirondack Health Institute Inc demonstrates a consistent commitment to its program services, with a high percentage of its expenses directed towards its mission. For instance, in the latest filing (202312), 87% of total expenses were allocated to program services, indicating strong operational efficiency in delivering its health-related initiatives. The organization has also shown a healthy financial position, with assets consistently exceeding liabilities, such as $30,844,260 in assets against $25,675,195 in liabilities in 202312. This suggests a stable financial foundation.
However, a notable aspect is the reported 0% officer compensation across all available filings. While this might suggest a volunteer-led executive team or that compensation is reported differently, it warrants further investigation for complete transparency regarding leadership remuneration. The organization's revenue has fluctuated significantly over the years, peaking at $64,380,459 in 202012 before stabilizing around $28-29 million in recent years. This volatility could be due to specific grant cycles or project funding, but the consistent program spending ratio is a positive indicator of its ability to manage varying income levels while maintaining its core activities.