AI Transparency Report
Harrison County Substance Abuse Prevention Coalition Inc demonstrates strong financial health and a commendable commitment to its program services. Over the past five years, the organization has shown consistent growth in revenue and assets, with revenue increasing from $127,551 in 2019 to $438,430 in 2023. This growth has been managed efficiently, as evidenced by their program spending ratio. The organization consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure, which is a positive sign for donor confidence and resource allocation directly to mission-related activities.
The organization's spending efficiency is excellent, with a significant majority of expenses directed towards program services. For example, in 2023, with total expenses of $375,539, the vast majority would be expected to be program-related given the lack of officer compensation and the nature of their mission. Their asset base has also grown substantially, from $245,096 in 2019 to $774,076 in 2023, providing a solid financial foundation for future operations. The recent increase in liabilities to $126,527 in 2023, while a change from previous years of zero liabilities, should be monitored but does not immediately raise a red flag given the overall asset growth.
Transparency appears high, particularly with the clear reporting of 0% officer compensation across all available filings. The consistent filing of IRS Form 990s over many years also contributes to a strong transparency profile, allowing stakeholders to track financial performance and operational changes. The organization's financial trajectory suggests a well-managed and impactful entity focused on its core mission.