No red flags identified.
AI Transparency Report
Bartlett Athletic & Recreation Association demonstrates consistent financial health and growth over the past decade. The organization has steadily increased its assets from $223,900 in 2014 to $476,851 in 2023, indicating sound financial management and accumulation of resources. Revenue has also shown a positive trend, with the latest reported revenue at $113,776 in 2023, up from $84,265 in 2014. The organization consistently operates with a surplus, as seen in 2023 where revenues of $113,776 exceeded expenses of $110,813, contributing to asset growth.
The organization's spending efficiency appears strong, particularly given that officer compensation has been reported as 0% across all available filings. This suggests that the organization is primarily volunteer-led or compensates its leadership through other means not categorized as officer compensation, which can be a positive indicator for donor confidence. The low liabilities, often at or near zero, further underscore a conservative and stable financial approach. The consistent growth in assets and revenue, coupled with minimal liabilities, points to a well-managed and financially stable entity.
Transparency is generally good, with 13 filings available, demonstrating a consistent reporting history. The absence of officer compensation across all filings is a notable point for transparency, indicating either a volunteer-driven leadership or a structure where compensation is not reported in this category. Further details on program spending versus administrative and fundraising costs would enhance the transparency report, but the overall financial picture suggests a responsible and growing nonprofit.