AI Transparency Report
Hayground School Inc. demonstrates a generally stable financial position, with revenues consistently covering expenses in most recent periods. For instance, in 2023, revenue of $3,868,467 exceeded expenses of $3,775,654, indicating sound operational management. The organization's assets have shown some fluctuation but remain substantial relative to its annual revenue, with $3,188,848 in assets reported in 2023. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial health and donor trust. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging. The organization's liabilities have also been a significant portion of its assets in some years, such as $2,861,838 in liabilities against $2,963,397 in assets in 2020, which warrants closer monitoring, though this trend appears to be improving in the latest filing.