AI Transparency Report
Club 180 demonstrates generally sound financial health, though with some fluctuations in recent years. In 2023, the organization reported revenue of $262,448 against expenses of $241,533, indicating a surplus. However, the prior year (2022) saw expenses of $334,993 significantly outstripping revenue of $197,597, resulting in a deficit. The organization's assets have fluctuated, reaching a high of $213,855 in 2021 before declining to $69,879 in 2023. Liabilities remain relatively low, at $3,933 in 2023, suggesting good financial management in terms of debt.
Spending efficiency appears to be a strong point, as the organization consistently reports 0% officer compensation across all available filings, indicating that all funds are directed towards programs and operational costs rather than executive salaries. This commitment to minimizing administrative overhead is a positive indicator for donors. The NTEE code X90, which is 'Unknown,' does raise a minor transparency concern as it doesn't clearly define the organization's specific programmatic focus, which could make it harder for external stakeholders to fully understand its mission and impact.
Overall, Club 180 exhibits a commitment to efficient spending, particularly with its zero executive compensation. While revenue and expense figures show some year-to-year variability, the organization generally operates with a surplus and maintains manageable liabilities. The primary area for potential improvement in transparency would be to clarify its NTEE code to better communicate its mission.