AI Transparency Report
Cooking With Kids Inc demonstrates strong financial health and growth over the past decade. The organization has consistently increased its revenue, from $586,848 in 2019 to $1,221,021 in 2023, indicating growing support for its mission. Assets have also shown significant growth, reaching $1,435,658 in 2023, which provides a solid financial foundation. The organization's liabilities remain relatively low compared to its assets, suggesting good financial management and solvency.
Spending efficiency appears to be a strength, with expenses generally well below revenue, allowing for asset accumulation. For example, in 2023, revenue was $1,221,021 while expenses were $853,858, indicating a healthy surplus. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a strong commitment to directing funds towards programs rather than executive salaries. This practice is highly commendable and suggests a volunteer-driven or very modestly compensated leadership structure.
Overall, Cooking With Kids Inc exhibits a positive financial trajectory, efficient use of funds, and a high degree of transparency regarding executive compensation. The consistent growth in revenue and assets, coupled with low liabilities and no reported officer compensation, paints a picture of a well-managed and mission-focused organization.