AI Transparency Report
Healing Across The Divides Inc demonstrates consistent financial health with a positive net income trend over the past several years. For example, in 2023, revenue was $383,012 against expenses of $324,031, indicating a surplus. The organization's assets have also shown steady growth, increasing from $145,403 in 2020 to $531,877 in 2023, suggesting prudent financial management and accumulation of reserves. Liabilities remain very low, consistently reported at $15 in recent years, which is a strong indicator of financial stability and low debt burden.
The organization appears to be highly efficient in its spending, with a significant portion of its expenses likely directed towards program services, given the absence of reported officer compensation and low administrative overhead implied by the overall expense figures. The consistent growth in revenue and assets, coupled with minimal liabilities, points to a well-managed and financially sound operation. The lack of reported officer compensation also suggests a strong commitment to directing resources towards its mission rather than executive salaries.
Transparency is generally good, with 13 filings available, indicating regular reporting to the IRS. The consistent and low liability figures, along with the clear trends in revenue and assets, provide a clear picture of the organization's financial standing. The NTEE code E80 (International Human Rights) suggests a clear program focus, and the financial data supports the organization's capacity to pursue its mission effectively.