AI Transparency Report
Friends Of The Theo Ratliff Center demonstrates a consistent commitment to its programmatic mission, as evidenced by its spending patterns. In the 202312 period, the organization reported $74,386 in expenses against $92,545 in revenue, indicating a healthy operational surplus. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the overall financial activity suggests a focus on delivering services. The organization's assets have fluctuated, from $3,199 in 2018 to $12,120 in 2020, and then to $0 in 2023, which could indicate a strategy of spending down reserves to fund programs or a lack of significant capital accumulation. The reported $1 in current assets suggests a very lean operational model. The consistent reporting of 0% officer compensation across all periods is a strong indicator of volunteer leadership and a dedication to directing all funds towards the organization's mission, enhancing its financial efficiency and transparency. The organization's revenue has shown significant growth, from $30,705 in 2018 to $92,545 in 2023, demonstrating increasing support and capacity.