AI Transparency Report
Better Living For Garrison Inc demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. In the latest filing (202312), the organization reported $66,223 in revenue against $38,413 in expenses, indicating a surplus that contributes to its growing assets, which stood at $557,598. The organization has maintained zero liabilities in most recent years, suggesting strong financial management and a low-risk profile. While revenue has fluctuated over the years, the overall trend shows a well-managed operation that consistently spends less than it brings in, building its reserves. The absence of officer compensation reported across all filings indicates a volunteer-driven leadership, which is a positive sign for donor confidence and efficient use of funds.
The organization's spending efficiency appears strong, with expenses consistently lower than revenue in recent periods. For example, in 202312, only 57.9% of revenue was spent on expenses. The lack of reported officer compensation further enhances its efficiency metrics. Transparency is high given the consistent filing of IRS Form 990s and the clear financial picture presented, particularly the absence of liabilities in most recent years. The organization's financial health appears robust, with a solid asset base and a history of operating within its means, contributing to its long-term sustainability.