AI Transparency Report
Elyssas Mission Nfp demonstrates strong financial health and consistent growth over the past decade. The organization's revenue has steadily increased from $173,298 in 2014 to $780,129 in 2023, with assets growing from $141,803 to $1,232,796 in the same period. This indicates effective fundraising and prudent financial management, allowing for significant asset accumulation. The organization consistently operates with a surplus, as seen in 2023 where revenue of $780,129 exceeded expenses of $579,803.
The organization's spending efficiency appears robust, particularly given the consistent absence of officer compensation, which suggests a volunteer-driven leadership model. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial trajectory points to a well-managed entity. The low liabilities across most years also indicate a healthy balance sheet and responsible fiscal practices. Further detailed analysis of their functional expenses would provide a more precise understanding of their spending efficiency.
In terms of transparency, the organization has a consistent filing history with 13 IRS 990 filings, indicating adherence to regulatory requirements. The absence of officer compensation is a positive indicator for donor confidence, as it suggests resources are directed towards the mission rather than executive salaries. The consistent growth in assets and revenue, coupled with low liabilities, paints a picture of a financially stable and accountable nonprofit.