AI Transparency Report
The International Union Of Operating Engineers 825 825 A&B demonstrates consistent financial activity over the past decade, with revenues generally exceeding expenses, leading to a steady growth in assets. For instance, in the 202306 period, the organization reported revenues of $17,913,256 against expenses of $16,761,936, contributing to an asset base of $36,958,364. While the NTEE code is unknown, which can sometimes hinder a full programmatic assessment, the consistent filing of IRS 990 forms indicates a commitment to regulatory transparency.
The organization's financial health appears stable, with assets significantly outweighing liabilities. In the 202306 period, liabilities were $1,014,785, a small fraction of its $36,958,364 in assets. The absence of reported officer compensation across all available filings is a notable point regarding executive remuneration, suggesting that top leadership may not be directly compensated through the organization's operational budget, or that compensation is reported differently. This could be a positive indicator for donor confidence regarding the allocation of funds.
However, without a detailed breakdown of expenses into program, administrative, and fundraising categories within the provided data, a precise assessment of spending efficiency is challenging. The consistent growth in assets from $27,898,475 in 201406 to $36,958,364 in 202306, alongside generally positive net income, suggests prudent financial management. Further analysis of the full 990 forms would be necessary to fully understand the allocation of expenses and the specific nature of their programs.