AI Transparency Report
Futbul Club Of Kentucky Inc demonstrates a generally stable financial position, with assets growing significantly from $2,502 in 2014 to $150,770 in 2023. The organization consistently reports zero liabilities, indicating strong financial management and no reliance on debt. Revenue has fluctuated, peaking at $163,554 in 2022 before a slight dip to $104,585 in 2023, but overall shows a positive trend over the decade. The organization's expenses have generally tracked revenue, with a notable exception in 2020 where expenses ($77,088) significantly exceeded revenue ($9,463), leading to a temporary reduction in assets.
Spending efficiency appears to be reasonable, with expenses generally aligning with revenue. The consistent reporting of 0% officer compensation across all filings suggests that the organization is run by volunteers or that compensation falls below reporting thresholds, which can be a positive indicator for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The NTEE code N64 (Amateur Sports Clubs, Leagues, & Associations) suggests a focus on direct program delivery.
In terms of transparency, the organization has a consistent filing history with 14 IRS 990 filings, which is a good sign. The absence of officer compensation reported on the 990s is a key piece of information. However, the lack of detailed expense breakdowns in the provided data limits a deeper analysis of how funds are allocated between programs, administration, and fundraising. Further transparency on these specific expenditure categories would enhance understanding of their operational efficiency.