No red flags identified.
AI Transparency Report
Aprovecho Research Center demonstrates a generally healthy financial trajectory, particularly in recent years. Revenue has shown significant growth, more than doubling from $271,538 in 2022 to $597,927 in 2023, indicating increased support or successful fundraising efforts. The organization consistently operates with a surplus, as seen in 2023 where revenue of $597,927 exceeded expenses of $438,778, contributing to a steady increase in assets from $405,201 in 2022 to $511,770 in 2023. This financial stability suggests effective management of resources.
Spending efficiency appears strong, with no reported officer compensation across all available filings, which is a positive indicator of resources being directed towards the mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the consistent operational surpluses and asset growth suggest a responsible approach to spending. The organization's liabilities have remained relatively low compared to its assets, further reinforcing its financial health.
In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a strong positive. The absence of officer compensation is also a transparent practice, as it clearly indicates that no top executives are drawing salaries from the organization. This level of consistent reporting and the clear financial picture presented by the data contribute to a high degree of transparency for potential donors and stakeholders.