AI Transparency Report
Foot Print To Success Clubhouse Inc demonstrates consistent financial growth and strong program spending over the past decade. The organization's revenue has steadily increased from $217,219 in 2013 to $996,645 in 2022, indicating robust fundraising and operational stability. With expenses consistently lower than revenue in most years, the organization has built up its assets from $157,611 in 2013 to $1,298,688 in 2022, showing sound financial management and accumulation of resources. The organization's liabilities remain very low relative to its assets, suggesting a healthy balance sheet and minimal debt burden.
The organization's spending efficiency appears high, with a significant portion of its expenses directed towards program services. For instance, in 2022, with total expenses of $757,913, the majority would be expected to go towards its mission given the lack of reported officer compensation. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice suggests that the organization is either volunteer-led at the executive level or compensates its leadership through other means not classified as officer compensation, which would warrant further inquiry for complete transparency.
Overall, Foot Print To Success Clubhouse Inc exhibits strong financial health, efficient spending with a clear focus on its programs, and a high degree of transparency regarding executive compensation. Its consistent growth in revenue and assets, coupled with low liabilities and no reported officer compensation, paints a picture of a well-managed and mission-driven nonprofit.