No red flags identified.
AI Transparency Report
The Fontainebleau Association demonstrates consistent financial health with a strong asset base and no reported liabilities across all available filings. The organization's revenue has fluctuated, with a notable peak of $288,412 in 2023 and a low of $82,558 in 2021, but it consistently generates more revenue than expenses, leading to steady asset growth from $982,953 in 2014 to $1,827,319 in 2023. This indicates sound financial management and an ability to build reserves.
Spending efficiency appears high, as evidenced by the significant difference between revenue and expenses in most years. For instance, in 2023, expenses were $162,286 against revenues of $288,412, suggesting a substantial portion of funds are retained or directed towards program activities. The absence of reported officer compensation across all filings is a strong indicator of volunteer leadership, which significantly reduces administrative overhead and maximizes the impact of donor contributions.
Transparency is excellent, with 13 years of consistent IRS 990 filings and no reported liabilities, simplifying financial analysis. The consistent growth in assets without incurring debt, combined with zero officer compensation, paints a picture of a well-managed and fiscally responsible organization. The detailed filing history provides a clear trend of financial stability and growth.