AI Transparency Report
Getting Out By Going In demonstrates a mixed financial picture over its nine-year filing history. While the organization has shown significant revenue fluctuations, ranging from a low of $192,964 in 2022 to a high of $1,490,370 in 2019, its asset base has generally grown, reaching $478,568 in the latest period. A notable strength is the consistent reporting of 0% officer compensation across all filings, indicating a commitment to directing funds towards its mission rather than executive salaries. However, the organization experienced periods where expenses exceeded revenue, such as in 2022 ($396,526 expenses vs. $192,964 revenue) and 2019 ($1,766,381 expenses vs. $1,490,370 revenue), which could raise questions about long-term financial sustainability if not balanced by prior surpluses or restricted funding.
The organization's transparency is commendable regarding executive compensation, with no reported officer compensation. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging. The NTEE code F60 (Rehabilitative Care) suggests a direct service mission, and the consistent growth in assets, despite revenue volatility, indicates some financial management capacity. The absence of liabilities in the latest two periods (2023 and 2022) is a positive indicator of financial health, contrasting with significant liabilities reported in earlier years (e.g., $2,004,570 in 2019).
Overall, Getting Out By Going In appears to be a mission-focused organization given its lack of executive compensation. Its financial health shows resilience, recovering from periods of deficit spending and reducing liabilities. However, the significant swings in revenue and expenses warrant closer examination to understand the underlying operational stability and funding model. A more detailed breakdown of functional expenses would further enhance transparency and allow for a more precise evaluation of spending efficiency.