AI Transparency Report
Angels Among Us demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $2,469,926 in latest reported revenue and $3,026,454 in assets. The organization has consistently maintained a positive net income, indicating sound financial management. For instance, in 2023, revenue was $1,235,430 against expenses of $1,134,879, resulting in a surplus. Their asset base has also grown significantly, from $382,763 in 2014 to over $3 million currently, suggesting effective asset accumulation and stewardship.
Spending efficiency appears strong, as evidenced by the consistent surplus of revenue over expenses in most reported periods. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health suggests that a significant portion of funds are likely directed towards their mission. The absence of reported officer compensation across all filings is a notable indicator of potential efficiency and a commitment to directing funds to programs rather than executive salaries, though it could also imply that executive roles are volunteer-based or compensated through other means not captured as 'officer compensation' on the 990.
Transparency is positively impacted by the availability of 13 years of IRS 990 filings, allowing for a detailed historical analysis of their financial performance. The consistent filing and growth in assets and revenue over time reflect a well-managed and accountable organization. The lack of reported officer compensation also contributes to a perception of transparency regarding how funds are allocated, assuming this accurately reflects the compensation structure.