AI Transparency Report
Cayuga Counseling Services Inc. demonstrates a mixed financial picture. While the organization has shown consistent revenue growth over the past decade, with revenue increasing from $4,492,943 in 2014 to $6,315,163 in 2023, it has recently experienced operating deficits. In 2023, expenses of $7,209,899 exceeded revenue by nearly $900,000, a trend also observed in 2022. This suggests that the organization is spending more than it is taking in, which could impact long-term sustainability if not addressed.
The organization's asset base has grown significantly, from $1,074,920 in 2014 to $3,665,250 in 2023, indicating some financial stability. However, liabilities have also increased substantially, reaching $2,879,266 in 2023, which warrants closer examination. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this area, which is a positive indicator of spending efficiency. Further analysis of program vs. administrative spending would provide a more complete picture of overall efficiency.