AI Transparency Report
Clarion Project Inc. demonstrates a generally stable financial position over the past decade, with revenues consistently in the range of $1.6 million to $3 million. In the latest reported period (202312), the organization reported revenues of $2,470,395 against expenses of $2,320,449, indicating a surplus. Assets have shown growth, reaching $3,753,463 in 202312, significantly higher than the $1,422,564 reported in 201512, suggesting prudent financial management and asset accumulation. The organization consistently reports 0% officer compensation, which is a notable aspect of its financial transparency and operational model.
Spending efficiency appears to be reasonable, with expenses generally tracking below or slightly above revenues in most years, preventing significant deficits. The consistent reporting of zero officer compensation is a strong indicator of efficient use of funds at the executive level, potentially allowing more resources to be directed towards programs. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is limited.
Transparency regarding executive compensation is excellent, with a consistent report of 0% for officers. The availability of 13 years of IRS 990 filings provides a comprehensive historical view of the organization's financial activities, contributing positively to its overall transparency. Further transparency could be enhanced with more detailed public breakdowns of functional expenses beyond what is typically available in summary 990 data.