AI Transparency Report
The Gilloury Institute demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. While revenue has fluctuated, notably decreasing from $1,553,904 in 2021 to $551,024 in 2024, the organization has managed its expenses, often keeping them below or near revenue levels, except for the most recent period where expenses ($716,706) exceeded revenue ($551,024). This recent deficit warrants attention, though the organization maintains a healthy asset base of $1,994,257 in 2024, suggesting reserves to cover short-term operational gaps.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 14 filings available. A significant positive indicator for efficiency and transparency is the reported 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of this size and revenue. This lack of reported officer compensation, while potentially indicating high efficiency, also raises questions about the full picture of executive remuneration and could be a point for further inquiry to ensure complete transparency.
Overall, the Gilloury Institute appears to be a financially sound organization with a strong asset base and a history of managing its finances. The recent dip in revenue and corresponding deficit in 2024 should be monitored, but the absence of reported officer compensation is a notable characteristic that could be interpreted as either exceptional efficiency or an area requiring more detailed disclosure to fully assess transparency.