AI Transparency Report
Human Development Services Of Westchester demonstrates consistent financial stability and strong program focus based on its IRS 990 filings. Over the past decade, the organization has shown steady revenue growth, increasing from $11.58 million in 2014 to $14.12 million in 2023. Expenses have generally tracked closely with revenue, indicating efficient operations without significant surpluses or deficits. For instance, in 2023, expenses were $13,821,378 against revenues of $14,125,487, resulting in a modest surplus that contributes to asset growth. The organization's assets have also grown consistently, from $6.81 million in 2014 to $9.71 million in 2023, suggesting sound financial management and accumulation of reserves.
The organization's spending efficiency appears robust, with a high proportion of expenses dedicated to program services. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent operational surpluses and asset growth, coupled with the NTEE code F80 (Mental Health & Crisis Intervention), suggest a focus on its core mission. The absence of reported officer compensation across all available filings is a notable point regarding executive remuneration, indicating either a different compensation structure or that key officers are compensated through other means not captured in this specific field, which warrants further investigation for full transparency. Overall, the financial health appears sound, with a clear trend of growth and responsible management.