AI Transparency Report
F R I E N D S, located in Dothan, AL, demonstrates a consistent operational history with fluctuating but generally stable revenue and asset levels over the past decade. The organization's financial health appears to be managed, though it has experienced periods where expenses exceeded revenue, such as in 2023 where expenses were $81,235 against revenues of $59,002, and in 2021 where expenses were $23,836 against revenues of $8,959. This indicates a reliance on prior year surpluses or reserves to cover operational costs in some years.
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 volunteer-led or very lean executive structure, which can be a positive indicator of efficiency in managing overhead related to leadership. The organization's assets have generally remained between $58,000 and $99,000, providing some financial cushion.
Transparency is good in terms of filing history, with 13 filings available, indicating consistent compliance with IRS reporting requirements. The absence of officer compensation simplifies the financial picture, though a more granular breakdown of other expenses would further enhance transparency regarding how funds are allocated across different activities.