AI Transparency Report
International Christian Mission Services demonstrates consistent financial growth over the past decade, with revenue increasing from $115,200 in 2014 to $671,193 in 2023. The organization consistently operates with a modest surplus, indicating sound financial management. For instance, in 2023, revenue was $671,193 against expenses of $650,195, resulting in a surplus of $20,998. This trend of managing expenses closely to revenue is observed across all reported periods.
The organization's asset base has also grown significantly, from $20,142 in 2014 to $363,398 in 2023, suggesting a healthy accumulation of resources. Liabilities have also increased but remain manageable relative to assets, indicating a stable financial position. A notable aspect of their financial health is the consistent reporting of 0% officer compensation across all filings, which suggests a high degree of volunteerism or very low administrative overhead related to executive salaries.
While specific program spending percentages are not detailed in the provided data, the consistent surpluses and lack of reported officer compensation imply a strong focus on mission-related activities. The organization's financial trajectory indicates a well-managed and growing entity, with a clear commitment to its mission as evidenced by its financial practices.