AI Transparency Report
Community Action Partnership For Dutchess County Inc demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, revenue was $2,839,752 against expenses of $2,824,446, indicating a slight surplus. The organization's assets have shown growth, increasing from $758,774 in 2019 to $1,179,836 in 2023, suggesting a strengthening financial position. Liabilities have fluctuated but remained manageable relative to assets, with a liability-to-asset ratio of approximately 0.34 in 2023 ($403,668 / $1,179,836).
Spending efficiency appears to be a strong point, as the organization consistently reports 0% officer compensation, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, which can be a positive sign for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited. The consistent operational surpluses, albeit small, suggest prudent financial management.
Transparency is generally good given the consistent filing history and publicly available data. The absence of reported officer compensation is a notable aspect that could be interpreted as a commitment to directing funds towards programs. However, a more granular breakdown of functional expenses would further enhance transparency and allow for a more detailed analysis of how funds are allocated across different activities.