AI Transparency Report
Brownsville Community Development Corporation demonstrates consistent financial activity, with revenues and expenses generally in the range of $25M-$40M over the past decade. While the organization experienced a slight deficit in 2023 (expenses of $36,070,056 exceeding revenue of $34,063,951), this is not uncommon for large nonprofits and its asset base of $22,636,060 in 2023 provides a buffer. The organization's liabilities have also shown an increasing trend, reaching $14,096,008 in 2023, which warrants monitoring relative to its assets.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A notable aspect of its financial reporting is the consistent disclosure of 0% officer compensation across all available filings. This indicates either that no officers receive compensation, or that compensation is reported in a way that doesn't fall under the 'officer compensation' category on the 990, which would require further investigation for full transparency. Without detailed expense breakdowns (program, administrative, fundraising), a precise assessment of spending efficiency is challenging, but the overall financial scale suggests significant programmatic activity.