AI Transparency Report
The Association Of State Correctional Administrators Inc demonstrates generally sound financial health, with consistent revenue generation and asset growth over the past decade. In 2021, the organization reported revenues of $1,860,176 against expenses of $1,838,383, indicating a slight surplus. Assets have steadily increased from $259,577 in 2012 to $1,681,215 in 2021, suggesting effective financial management and accumulation of reserves. The organization's liabilities have also grown, reaching $713,772 in 2021, which warrants monitoring but is not disproportionate to its asset base.
Spending efficiency appears reasonable, with expenses closely tracking revenue. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. This practice is highly commendable and suggests a volunteer-driven leadership model or compensation structured outside of traditional officer salaries, which should be clarified for full understanding. The organization's NTEE code (I50A - Public Safety, Disaster Preparedness & Relief) aligns with its name, suggesting a clear programmatic focus.