AI Transparency Report
The American Islamic Community Center Inc. demonstrates a strong financial position with consistently growing assets, reaching $5,452,205 in 2023. The organization has shown significant revenue fluctuations over the years, with a notable peak of $1,518,688 in 2017 and a recent high of $1,058,137 in 2023. Despite these revenue variations, expenses have remained relatively stable and low, typically ranging between $100,000 and $150,000 annually. This indicates efficient operational management relative to its income.
The organization's spending efficiency appears high, as total expenses are a small fraction of its revenue, particularly in recent years where revenue has significantly outpaced expenses (e.g., $1,058,137 revenue vs. $133,538 expenses in 2023). The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-driven leadership or that compensation falls below reporting thresholds, which can be a positive indicator for donor funds being directed towards the mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.
Transparency is generally good given the consistent filing history and the clear reporting of key financial metrics. The absence of reported officer compensation is a strong point for transparency regarding executive pay. However, the lack of detailed expense categorization in the provided data limits a deeper analysis of how funds are allocated across different functions. Further insight into program activities and their associated costs would enhance the overall transparency assessment.