AI Transparency Report
Goochland Casa demonstrates consistent financial stability and a strong commitment to its programmatic mission. Over the past several years, the organization has maintained a healthy balance between revenue and expenses, with revenues generally exceeding expenses, allowing for asset growth. For example, in the 202406 period, revenue was $130,826 against expenses of $121,333, contributing to assets of $303,784. The organization's assets have shown a positive trend, increasing from $44,796 in 201406 to $353,155 currently, indicating sound financial management and accumulation of resources.
The spending efficiency appears high, as evidenced by the consistent zero officer compensation reported across all available filings, suggesting that resources are primarily directed towards operations and programs rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health, marked by growing assets and controlled liabilities (e.g., $1,877 in 202406), points to efficient use of funds. The organization's consistent filing of IRS Form 990s over 12 periods also indicates a commitment to transparency.
Overall, Goochland Casa appears to be a well-managed nonprofit with a solid financial foundation. Its ability to grow assets while keeping liabilities low and maintaining zero officer compensation reflects a prudent approach to financial stewardship. The consistent positive net income in most periods, such as $9,493 in 202406 and $5,967 in 202306, further reinforces its financial health and sustainability.