AI Transparency Report
The Illinois Association Of Schoolpersonnel Administrators demonstrates strong financial health and growth over the past several years. Revenue has shown a significant upward trend, increasing from $54,072 in 2014 to $490,303 in 2023, indicating growing support and activity. The organization consistently operates with a surplus, as evidenced by expenses being lower than revenue in all reported periods, contributing to a healthy accumulation of assets, which grew from $124,888 in 2014 to $658,950 in 2023. This consistent surplus and asset growth suggest effective financial management and sustainability.
The organization's spending efficiency appears robust, with expenses consistently well below revenue. For instance, in 2023, expenses were $339,520 against revenues of $490,303, resulting in a substantial operating surplus. A key indicator of transparency and good governance is the reported 0% officer compensation across all filings, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for a nonprofit of this size. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to regulatory compliance and transparency.
Overall, the Illinois Association Of Schoolpersonnel Administrators appears to be a financially sound and well-managed organization. Its consistent growth in revenue and assets, coupled with a lack of reported officer compensation and regular IRS filings, points to a transparent and efficient operation focused on its mission. The low liabilities reported in recent years further underscore its financial stability.