AI Transparency Report
Great Commission Latin America demonstrates consistent operational activity, with revenues generally exceeding or closely matching expenses over the past decade, indicating a stable, albeit tight, financial position. However, the organization has experienced a notable decline in revenue from a peak of $2,432,340 in 2016 to $1,524,571 in 2023, representing a decrease of approximately 37%. This trend, coupled with a negative net income in the latest two periods (2023 and 2022), where expenses exceeded revenue by $58,870 and $131,219 respectively, suggests a need for careful financial management to reverse the recent operational losses. The organization's assets have also seen a decline from $410,288 in 2021 to $215,814 in 2023, while liabilities have significantly increased to $1,832,000 in 2023, raising concerns about its long-term solvency and financial health. The absence of reported officer compensation across all filings indicates a potential reliance on volunteer leadership or that compensation is structured in a way not reported as officer compensation, which could be a strength in terms of minimizing administrative overhead, but also warrants further investigation for full transparency.