AI Transparency Report
Henry Phipps Plaza East Inc. demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 202206, revenue was $2,117,835 against expenses of $2,061,468, indicating a stable operational margin. The organization's assets have shown a gradual increase, from $4,827,907 in 201406 to $7,006,285 in 202306, suggesting prudent financial management and growth. However, liabilities have consistently been high, often exceeding assets in earlier periods, though this trend has reversed in more recent filings, with assets ($7,006,285) now comfortably exceeding liabilities ($6,805,380) in 202306. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and efficiency profile. The NTEE code L21 suggests it is involved in housing and shelter, which aligns with its name and implies a focus on community benefit.