AI Transparency Report
The International Problem Gambling Center demonstrates consistent financial growth and strong program spending efficiency. Over the past five years, revenue has steadily increased from $542,824 in 2019 to $703,696 in 2023, indicating growing support for its mission. The organization consistently spends a high percentage of its total expenses on program services, with 85% allocated to programs in 2023, reflecting a strong commitment to its core activities. Furthermore, the organization reports 0% officer compensation across all available filings, which is a significant indicator of financial transparency and a focus on directing funds towards its mission rather than executive salaries.
Financial health appears stable, with assets growing from $76,056 in 2019 to $304,489 in 2023, while liabilities remain very low, at $4,230 in 2023. This healthy balance sheet suggests good financial management and a solid foundation. The consistent surplus of revenue over expenses, such as $37,813 in 2023 ($703,696 revenue vs. $665,883 expenses), further reinforces its sustainability. The organization's long filing history (13 filings) also points to a sustained operational presence and adherence to regulatory requirements.
Overall, the International Problem Gambling Center exhibits robust financial health, excellent spending efficiency with a strong program focus, and high transparency regarding executive compensation. Its consistent growth in revenue and assets, coupled with minimal liabilities and a clear dedication to its mission through program spending, paints a positive picture of its financial stewardship.