AI Transparency Report
Avaaz Foundation demonstrates consistent financial health with a strong program spending focus. Over the past five years, the organization has maintained a healthy asset base, with assets growing from $17.8 million in 2019 to $26.2 million in 2023. Revenue has generally outpaced expenses, as seen in 2023 where revenue was $28.6 million against expenses of $26.9 million, indicating sound financial management and an ability to build reserves. The organization's commitment to its mission is evident in its high program spending ratio.
The organization's spending efficiency is commendable, with a significant portion of its expenditures directed towards program services. This is a positive indicator for donors looking for their contributions to directly impact the mission. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards programmatic activities rather than executive salaries, enhancing its transparency and trustworthiness.
Avaaz Foundation's financial transparency is high, particularly given the explicit reporting of 0% officer compensation. This level of detail, combined with consistent annual filings, provides a clear picture of its financial operations. The organization's ability to manage its liabilities, which have remained a relatively small percentage of its assets, further underscores its responsible financial stewardship.