AI Transparency Report
Breakwater Beach Club demonstrates consistent financial growth over the past decade, with revenue increasing from $757,258 in 2014 to $1,244,905 in 2023. The organization consistently operates with a surplus, as evidenced by 2023 revenue of $1,244,905 exceeding expenses of $1,045,497. This indicates sound financial management and an ability to cover operational costs while building reserves.
The organization's asset base has also shown significant growth, from $89,631 in 2014 to $995,456 in 2023, suggesting reinvestment and strengthening of its financial position. A notable aspect of its financial health is the reported 0% officer compensation across all available filings, which suggests a volunteer-led or very lean administrative structure, potentially maximizing funds for its stated purpose. However, without a detailed breakdown of expenses (e.g., program vs. administrative vs. fundraising), it's challenging to fully assess spending efficiency and program focus. The NTEE code being 'Unknown' also limits the ability to benchmark against similar organizations.