AI Transparency Report
The Human Services Coalition Of Tompkins County Inc demonstrates generally stable financial health, with revenues consistently exceeding expenses in most recent periods, indicating sound operational management. For instance, in 2023, revenue was $2,185,023 against expenses of $1,930,269, resulting in a surplus. The organization's assets have shown growth over the past decade, from $362,253 in 2014 to $1,263,433 in 2023, suggesting a building of reserves. Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation, which indicates that leadership is either volunteer-based or compensated through other means not classified as officer compensation, potentially reducing administrative overhead. The organization's transparency is commendable through its consistent filing of IRS Form 990s, providing a clear financial history for public scrutiny. While liabilities have fluctuated, they remain a manageable portion of total assets, with a liability-to-asset ratio of approximately 13% in 2023 ($166,292 liabilities / $1,263,433 assets).