AI Transparency Report
The Clackamas County Peace Officers Benevolent Foundation demonstrates consistent financial transparency through its regular IRS 990 filings, with 13 filings available. The organization's financial health appears stable, with assets consistently exceeding liabilities, and a healthy asset base of $312,351 as of the latest period. While revenue has fluctuated over the years, from a high of $363,144 in 2014 to $76,626 in 2023, the organization has generally managed its expenses. In the most recent period (202312), expenses ($85,232) slightly exceeded revenue ($76,626), resulting in a minor deficit for the year, but this is not uncommon for nonprofits and its overall asset base remains strong.
The organization's spending efficiency is commendable, particularly given its stated mission. With no reported officer compensation across all available filings, it suggests a strong volunteer-driven model or that executive functions are handled without direct salary, which significantly reduces administrative overhead. This allows a greater proportion of funds to be directed towards its benevolent programs. The consistent lack of liabilities also indicates sound financial management and a low-risk operational profile. The foundation's ability to maintain a substantial asset base while operating with fluctuating revenues suggests prudent financial stewardship and a focus on long-term sustainability.