No red flags identified.
AI Transparency Report
Fellowship Christian Retreat Inc demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization's revenue has generally trended upwards, from $189,570 in 2014 to $292,716 in 2023, with a peak of $334,837 in its latest reported period. Assets have also shown significant growth, increasing from $134,582 in 2014 to $568,466 in 2023, indicating sound asset management and accumulation. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and low risk.
Spending efficiency is commendable, with expenses consistently lower than revenue, allowing for asset growth. For instance, in 2023, expenses were $198,567 against $292,716 in revenue. The absence of reported officer compensation across all filings suggests that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative costs. The organization's transparency is high given its consistent filing of IRS Form 990s and the clear financial picture presented.