AI Transparency Report
Constellation Schools Old Brooklyn Community Middle demonstrates consistent financial growth, with revenue increasing from $1,792,769 in 2015 to $3,137,966 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue exceeded expenses by $478,452 ($3,137,966 revenue vs. $2,659,514 expenses). This indicates sound financial management and an ability to cover operational costs. However, the organization's liabilities have historically been high, often exceeding assets, though this trend appears to be reversing in recent years, with assets ($2,844,900) now exceeding liabilities ($2,307,086) in 2023. This shift suggests an improvement in its balance sheet health.
The spending efficiency appears strong, as the organization consistently generates a surplus. While specific program spending percentages are not detailed in the provided data, the consistent positive net income suggests that expenses are managed effectively relative to revenue. The absence of reported officer compensation across all filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for transparency and donor confidence. The consistent filing of IRS 990 forms over 13 periods also demonstrates a commitment to regulatory compliance and transparency.