AI Transparency Report
Coastal Communities Family Success Center Inc demonstrates consistent financial operations, with revenues closely matching expenses over the past decade. For instance, in 2023, revenue was $267,798 against expenses of $266,788, indicating a balanced budget. The organization maintains modest assets, typically ranging from $60,000 to $80,000, which is appropriate for its scale of operations. A notable strength is the consistent reporting of 0% officer compensation, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can be a positive indicator for donor confidence. However, without detailed expense breakdowns beyond total expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising.
The organization's financial health appears stable, with no significant deficits or surpluses accumulating over time. Liabilities have fluctuated but generally remain manageable relative to assets. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to transparency in financial reporting. While the overall financial picture is stable, a deeper dive into the functional expenses would provide a more comprehensive understanding of how funds are allocated to directly support its mission versus overhead.