AI Transparency Report
The Elaine And Sydney Sussmanfoundation Inc demonstrates a generally stable financial position with assets consistently in the multi-million dollar range, currently at $6,111,313. However, its revenue and expense patterns show significant volatility. For instance, in 2021, expenses ($3,098,317) far outstripped revenue ($1,955,427), leading to a substantial deficit, while in 2023, revenue ($167,028) significantly exceeded expenses ($56,553). This fluctuation suggests an endowment-based model or a grant-making foundation where distributions can vary year-to-year, rather than a consistent operational budget. The organization consistently reports 0% officer compensation, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. The low liabilities across all reported periods also point to sound financial management and minimal debt.