Quick charity verification for Adult Enrichment Services Of Wilkes (EIN: 201935379)
Verdict: Adult Enrichment Services Of Wilkes appears trustworthy
85/100Mission Score
$1.9MRevenue
$2.1MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed functional expense breakdown (e.g., program vs. admin) in provided data makes precise efficiency assessment difficult.
Unusually low liabilities relative to assets in some years (e.g., $17,374 liabilities vs. $1,749,093 assets in 2021) could indicate conservative financial management or minimal debt, but also warrants understanding of funding sources.
Strengths
Consistent financial surpluses, indicating sound management and sustainability.
Steady growth in assets over the past decade, demonstrating increasing financial capacity.
No reported officer compensation, suggesting high efficiency in executive overhead.
Positive revenue growth in recent years, indicating increasing support or operational scale.
Low liabilities relative to assets, pointing to financial stability and minimal debt burden.
AI Transparency Report
Adult Enrichment Services Of Wilkes demonstrates consistent financial health with a steady increase in assets over the past decade, reaching $1,989,465 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $716,669 exceeded expenses of $643,056. This indicates sound financial management and an ability to build reserves. The organization's transparency is high, particularly given the consistent reporting of 0% officer compensation across all available filings, which suggests a volunteer-led or very lean executive structure. While specific program spending percentages are not detailed in the provided data, the consistent surpluses and asset growth point to a well-managed operation. Further analysis of their functional expenses would provide a more granular view of spending efficiency.