AI Transparency Report
The Committee Against Anti Asian Violence (CAAAV) demonstrates a strong financial position with consistent revenue growth over the past decade, culminating in $2,080,484 in revenue and $3,480,050 in assets for the 2023 fiscal year. The organization has maintained a healthy surplus, with revenues generally exceeding expenses, indicating sound financial management and an ability to build reserves. For instance, in 2023, revenue was $2,080,484 against expenses of $2,008,654, showing a surplus. This trend is visible across multiple years, such as 2021 where revenue was $2,432,140 and expenses were $1,038,339, leading to significant asset growth.
Regarding spending efficiency, CAAAV appears to prioritize its mission, as evidenced by the absence of reported officer compensation across all available filings, suggesting that resources are directed towards programs rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the lack of officer compensation is a positive indicator of efficient resource allocation. The organization's assets have grown substantially from $691,017 in 2014 to $3,885,288 currently, reflecting effective financial stewardship and capacity building.
Transparency is generally good, with 12 years of IRS 990 filings available, providing a comprehensive financial history. The consistent reporting of zero officer compensation enhances trust and indicates a commitment to directing funds towards its stated purpose. The organization's ability to manage liabilities, which have remained relatively low compared to assets, further underscores its financial stability and responsible governance.