AI Transparency Report
Cerebral Palsy Associations Of New York State Inc demonstrates consistent financial activity, with revenues fluctuating between $2.07 million and $4.02 million over the past five years. The organization generally operates near break-even, with expenses closely tracking revenues, as seen in 2023 where expenses of $3,109,673 slightly exceeded revenues of $3,054,217. This indicates a tight operational budget. The organization's assets have shown growth, increasing from $1,087,903 in 2019 to $1,636,263 in 2023, suggesting some capacity building or retention of resources. Liabilities have also fluctuated but remain manageable relative to assets.
Spending efficiency appears reasonable given the close alignment of revenues and expenses. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment of spending efficiency is challenging. However, the consistent operation near break-even suggests that funds are being utilized for the organization's mission rather than accumulating large surpluses. The absence of reported officer compensation across all filings is a notable positive indicator for financial transparency and resource allocation.
Transparency is enhanced by the consistent filing of IRS Form 990s and the zero reported officer compensation, which suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which would require further investigation for full clarity. The organization's financial health appears stable, managing its operations within its revenue streams, though the slight deficit in 2023 warrants monitoring.