AI Transparency Report
Evergreen Behavioral Services shows a concerning trend in its financial health, particularly with its latest reported revenue and assets at $0. This indicates a potential cessation of operations or a significant reporting anomaly that warrants further investigation. Historically, the organization experienced fluctuating but generally stable revenues between $500,000 and $1.2 million from 2011 to 2018, with expenses closely tracking revenue. However, the 2019 filing shows a sharp decline in revenue to $323,468 and expenses exceeding revenue at $427,841, leading to a deficit. The most recent filing showing zero revenue and assets is a critical red flag.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing executive overhead, which is a positive indicator for efficiency. The historical trend of expenses closely matching revenue suggests that the organization was generally spending what it brought in, though often operating at a slight deficit, as seen in 2019, 2018, and 2017.
Transparency is a mixed bag. While the organization has a consistent filing history, the abrupt drop to zero revenue and assets in the latest report, following a significant decline in 2019, raises serious questions about its current operational status and financial stability. Without further context or detailed financial statements, it's challenging to fully understand the implications of these figures. The lack of officer compensation is a transparent practice regarding executive pay.