AI Transparency Report
Franklin County Animal Shelter demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past decade, the organization has generally maintained positive net income, with assets growing from approximately $1.97 million in 2012 to $3.28 million currently. While the latest reported revenue is $661,895, the most recent detailed filing (202212) shows expenses of $418,523 against revenue of $415,436, indicating a slight operational deficit in that specific year. However, this is offset by prior years' surpluses, contributing to the overall asset growth.
The organization's transparency is strong, particularly regarding executive compensation, which has consistently been reported as 0% across all available filings. This suggests a volunteer-led or very lean administrative structure at the top. The consistent filing of IRS Form 990s over 12 periods also indicates a commitment to regulatory compliance and public disclosure. Further analysis would benefit from a detailed breakdown of program, administrative, and fundraising expenses, which are not explicitly provided in the summary data but are crucial for a complete spending efficiency assessment.
Overall, Franklin County Animal Shelter appears to be a well-managed organization with a solid financial foundation and a clear commitment to transparency regarding its leadership compensation. Its ability to grow assets while maintaining consistent operations suggests prudent financial stewardship, although a deeper dive into expense categories would confirm optimal spending efficiency.