AI Transparency Report
The American India Foundation (AIF) demonstrates a generally strong financial position, with significant growth in revenue and assets over the past few years. For instance, revenue surged from $10,355,759 in 2021 to $45,093,906 in 2022, before moderating to $15,079,194 in 2023. This volatility suggests reliance on large, potentially one-time, contributions. The organization consistently reports 0% officer compensation, which is a notable indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, the latest filing shows expenses ($15,256,785) slightly exceeding revenue ($15,079,194), indicating a minor operating deficit for that period.
While the provided data doesn't detail the breakdown of program, administrative, and fundraising expenses, the consistent growth in assets, from $9,119,828 in 2019 to $34,568,566 in 2023, suggests effective asset management. The organization's liabilities have also increased in recent years, reaching $5,256,510 in 2023, which warrants monitoring but is still well-covered by its substantial assets. The absence of reported officer compensation across all filings is a significant positive for transparency and public trust.
Overall, AIF appears to be a financially healthy organization with a strong commitment to its mission, as evidenced by its zero officer compensation. The fluctuating revenue, particularly the large spike in 2022, suggests a need for diversified funding streams to ensure long-term stability. Their asset growth is impressive, providing a solid financial foundation.