AI Transparency Report
Inter Cooperative Exchange demonstrates a consistent operational history with 13 filings, indicating a commitment to regulatory compliance. However, recent financial trends show a concerning pattern of declining revenue and increasing expenses, leading to significant net losses. In the 202306 period, the organization reported revenue of $134,270 against expenses of $355,223, resulting in a deficit of over $220,000. This trend is also visible in 202206 and 202106, where expenses exceeded revenue. While the organization has maintained zero officer compensation across all reported periods, which is a positive sign for resource allocation, the sustained operational deficits raise questions about long-term financial sustainability and the efficiency of its spending relative to its mission. The organization's assets have also seen a decline from a high of $596,297 in 201606 to $334,471 in 202306, further indicating financial strain. The lack of detailed expense breakdowns in the provided data makes it difficult to fully assess spending efficiency between programs, administration, and fundraising.