AI Transparency Report
Hanley Foundation exhibits inconsistent financial performance over the past decade, with significant fluctuations in both revenue and expenses. For instance, in 2022, the organization reported revenue of $219,334 against expenses of $1,982,585, indicating a substantial deficit. Conversely, 2021 saw revenue of $3,335,034 far exceeding expenses of $735,020. This volatility makes it challenging to assess long-term financial stability without further context on the nature of their funding and program delivery.
The organization's asset base has shown consistent growth, from $10,935,416 in 2011 to $21,330,698 currently, suggesting a strong underlying financial foundation despite operational fluctuations. However, the liabilities have varied dramatically, peaking at $16,275,000 in 2023, which warrants closer examination to understand the nature of these obligations. The consistent reporting of 0% officer compensation across all filings indicates either a fully volunteer-led executive team or that compensation is reported under different categories, which could impact transparency regarding leadership costs.