AI Transparency Report
Community Work & Independence Inc (CWI) demonstrates a generally stable financial position, with recent filings showing positive net income. For example, in 2023, the organization reported revenue of $20,718,297 against expenses of $16,946,354, resulting in a surplus. This trend of revenue exceeding expenses is a positive indicator of financial health, especially compared to earlier years (e.g., 2019-2022) where expenses often outpaced revenue. The organization's assets have also shown consistent growth, increasing from $8,113,422 in 2019 to $15,670,082 in 2023, suggesting prudent financial management and accumulation of resources.
While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent operational scale (revenue consistently around $20-23 million) suggests a mature organization. The absence of reported officer compensation across all filings is a notable aspect of its transparency, indicating that top leadership may not be directly compensated through the organization's payroll, or that compensation is reported differently. Further analysis of the full 990 forms would be needed to fully assess spending efficiency and the allocation of funds across different functions.