No red flags identified.
AI Transparency Report
Community Living Association demonstrates consistent financial health with a stable revenue stream, averaging over $9 million annually in recent years. The organization consistently operates with a surplus, as seen in 2023 where revenue was $10,082,085 against expenses of $9,134,877, indicating sound financial management. Their asset base has also shown steady growth, increasing from $3,160,909 in 2014 to $7,670,583 in 2023, suggesting good stewardship of resources.
Spending efficiency appears strong, with a significant portion of expenses likely directed towards program services, given the consistent surpluses and growth in assets. The absence of reported officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven or very modestly compensated leadership structure.
Overall, Community Living Association exhibits a healthy financial profile, efficient spending practices, and a high degree of transparency regarding executive compensation. Their consistent operational surpluses and growing asset base position them well to continue their mission in Houlton, ME.