AI Transparency Report
Bedford Pregnancy Center demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $511,808 in 2023. The organization has consistently reported positive net income in recent years, with revenue exceeding expenses, such as in 2023 where revenue was $168,874 against expenses of $127,948. This indicates sound financial management and an ability to build reserves.
The center's spending efficiency appears strong, particularly given that no officer compensation has been reported across all available filings. This suggests that a very high proportion of funds are directed towards program services and operational costs rather than executive salaries. While specific program spending ratios are not detailed in the provided data, the absence of executive compensation is a positive indicator for donor confidence.
Transparency is high regarding executive compensation, as the organization consistently reports 0% officer compensation. The consistent filing of IRS Form 990s over 13 periods further enhances transparency, allowing for a clear historical view of its financial activities. The organization's ability to grow its assets from $314,208 in 2014 to $511,808 in 2023, while maintaining low liabilities relative to assets, points to prudent financial stewardship.