AI Transparency Report
Inter Actions Adapted Activities Community Access & Socialization shows a concerning trend in its latest available filing (201912), reporting $27,754 in revenue against $135,439 in expenses, indicating a significant deficit. This contrasts sharply with previous years where revenue generally exceeded expenses or was closely matched, such as in 201812 with $148,326 in revenue and $140,429 in expenses. The organization's assets have also seen a substantial decline from a peak of $173,852 in 201812 to $65,949 in 201912, suggesting a depletion of reserves.
While the organization consistently reports 0% officer compensation, which is a positive indicator for minimizing administrative overhead, the dramatic drop in revenue and the resulting deficit in the most recent period raise questions about its financial sustainability. The lack of revenue and assets reported for the latest period (post-201912) is particularly alarming and suggests potential operational cessation or significant restructuring.
Without detailed breakdowns of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. However, the overall financial trajectory, especially the sharp decline in 201912 and subsequent zero revenue/assets, points to significant financial distress. The consistent reporting of 0% officer compensation across all filings does indicate a commitment to minimizing executive costs, which is a positive aspect of its transparency.