AI Transparency Report
Avalon Academy demonstrates a strong and consistent growth trajectory in its financial health, with revenue increasing from $1,500,218 in 2014 to $4,783,304 in 2023. The organization has consistently maintained a positive net income in most years, significantly increasing its assets from $431,108 in 2014 to $2,751,657 in 2023, indicating sound financial management and accumulation of resources. The latest reported assets of $12,820,470, while not directly from the 2023 filing, suggest a substantial increase in overall financial capacity.
Spending efficiency appears robust, with expenses generally well below revenue, particularly in the most recent filing where expenses were $3,116,319 against revenues of $4,783,304, allowing for significant reinvestment or reserve building. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice suggests a high degree of financial prudence and a focus on program delivery.
Overall, Avalon Academy exhibits strong financial health, efficient spending practices, and a high level of transparency, particularly concerning executive compensation. The consistent growth in revenue and assets, coupled with responsible expense management, positions the organization well for sustained impact. The absence of reported officer compensation further reinforces its commitment to its charitable purpose.