AI Transparency Report
The Council On Addiction Recovery Services Inc demonstrates consistent financial operations with revenues generally exceeding expenses, as seen in the 2021 period where revenue was $4,563,169 against expenses of $4,426,448. The organization has shown growth in assets, increasing from $1,515,614 in 2012 to $3,908,475 in 2021, indicating a healthy accumulation of resources. Liabilities have also increased over time, reaching $1,019,127 in 2021, which is a point to monitor relative to asset growth.
The organization's financial health appears stable, with a positive net income in most recent years, contributing to asset growth. The absence of reported officer compensation across all available filings suggests a strong commitment to directing funds towards its mission, or that executive compensation is reported under other expense categories, which would warrant further investigation for full transparency. The consistent filing of IRS 990s over 11 periods indicates good compliance and transparency in reporting.