AI Transparency Report
The Bobo Volunteer Fire Dept Gable Randy Adm Officer operates on a very small scale, with annual revenues typically ranging from a few hundred to a few thousand dollars. For instance, in 2023, revenue was $3,000 and expenses were $2,994, indicating a break-even operation. The organization consistently reports zero liabilities and zero officer compensation, suggesting a lean, volunteer-driven structure. However, the lack of detailed expense breakdowns in the provided data makes it difficult to fully assess spending efficiency beyond the overall revenue-to-expense ratio.
Over the past decade, the organization has experienced fluctuations in its financial position, with assets generally declining from $27,322 in 2014 to $21,975 in 2023. This trend, coupled with periods where expenses significantly exceeded revenue (e.g., 2014 with $4,114 revenue and $10,224 expenses, or 2019 with $2,000 revenue and $3,879 expenses), suggests a reliance on prior year reserves or inconsistent funding. While the organization's small size and volunteer nature inherently limit the scope for complex financial reporting, the absence of detailed program, administrative, and fundraising expenses in the available data hinders a comprehensive transparency assessment.