AI Transparency Report
International Organization For Adolescents Incorporated demonstrates a fluctuating but generally improving financial trajectory. While revenue has seen significant growth from $107,420 in 2016 to $589,989 in 2023, the organization has frequently operated with expenses exceeding revenue, as seen in 2023 ($597,729 expenses vs. $589,989 revenue) and several prior years. This indicates a need for tighter financial management to ensure long-term sustainability. The organization's assets have also grown, reaching $152,881 in 2023, but liabilities have also been present, though they decreased from $121,979 in 2023 to $68,380 in 2022, showing some volatility.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing overhead in this area, which is a positive indicator for donor confidence. The lack of detailed expense categories in the provided data limits a comprehensive evaluation of how efficiently funds are being allocated to programs versus other operational costs.
In terms of transparency, the organization has a consistent filing history with 14 IRS 990 filings, which is a strong positive. The consistent reporting of 0% officer compensation is also a transparent practice. However, without more granular expense data, a complete picture of their financial operations and how funds are utilized for their mission remains somewhat opaque. Further transparency in expense allocation would enhance their overall financial health assessment.