AI Transparency Report
Interstate 70 Mountain Corridorcoalition Inc (I-70 MCC) demonstrates a consistent operational presence with revenues fluctuating between approximately $111,000 and $252,000 over the past decade. While the organization's assets have generally remained stable, hovering around $100,000-$200,000, recent filings show a slight decline in assets from $135,051 in 2022 to $73,463 in 2023, alongside an increase in liabilities from $6,690 to $6,321. The organization has experienced periods of both surplus and deficit, with 2023 showing expenses ($217,769) exceeding revenue ($156,550), indicating a draw on reserves or prior year surpluses.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests a lean operational structure at the executive level, which is a positive indicator for donor confidence. The organization's financial health appears stable but with some recent fluctuations, particularly the 2023 deficit.
Transparency is generally good given the consistent filing history and the clear reporting of no officer compensation. However, a more detailed breakdown of expenses would further enhance transparency and allow for a more precise evaluation of how funds are allocated across programs, administration, and fundraising efforts.