AI Transparency Report
Gorton Community Center demonstrates consistent financial activity, with revenues and expenses generally increasing over the past few years, though expenses have exceeded revenues in recent periods. For example, in 2023, expenses were $2,552,101 against revenues of $2,188,250, indicating a deficit. The organization maintains a healthy asset base, with assets consistently above $9 million in recent years, reaching $9,493,067 in 2023. Liabilities remain low, typically under $200,000, which is a positive indicator of financial stability. The absence of reported officer compensation across all filings suggests a strong volunteer leadership model or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs if not clearly disclosed elsewhere. Overall, while the center is operating at a deficit in recent years, its substantial assets and low liabilities provide a buffer, but sustained deficits could be a concern.