AI Transparency Report
The Catholic Medical Association demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2022, revenue was $1,956,290 against expenses of $1,801,176, indicating a surplus. However, the most recent filing (2023) shows expenses of $1,747,820 slightly exceeding revenue of $1,621,737, resulting in a deficit for that period. The organization's assets have shown growth, increasing from $416,832 in 2014 to $988,256 in 2023, suggesting a healthy accumulation of resources. A notable aspect of their financial structure is the consistent reporting of 0% officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. While specific program spending details are not provided in the summary data, the absence of officer compensation suggests a lean operational model.