AI Transparency Report
The Healthcare Businesswomens Association Inc (HBA) demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. In the latest period (202312), the organization reported assets of $6,033,688 against liabilities of $3,120,631, indicating a healthy financial cushion. Revenue has shown a positive trend, growing from $4,876,139 in 201512 to $7,948,862 in 202312, although the most recent period saw expenses ($8,348,997) slightly outpace revenue, resulting in a net deficit for the year. This is a slight concern, as the organization has experienced deficits in several past years (e.g., 201912, 201812, 201712, 201612, 201512). However, the overall asset growth suggests these deficits have not significantly eroded its long-term financial health. The consistent reporting of 0% officer compensation across all filings is a notable aspect of its transparency and spending efficiency, indicating that executive leadership is not drawing salaries from the organization, which is highly unusual for an organization of this size and revenue.