AI Transparency Report
Burnt Folk Ministry exhibits inconsistent financial performance over the past decade, with significant fluctuations in revenue and expenses. While the organization reported substantial revenue in 2021 ($1,026,926), subsequent years saw a sharp decline, with 2023 revenue at $87,001. Expenses have generally outpaced revenue in recent years, leading to net deficits, such as in 2023 where expenses were $188,074 against $87,001 in revenue. The organization's assets have grown considerably, reaching $1,146,918 in 2023, but this is accompanied by a notable increase in liabilities to $385,000 in the same year, suggesting potential debt or deferred obligations. The consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing administrative overhead in this area, which is a positive sign for donor confidence regarding executive pay.