AI Transparency Report
Ironman Outdoor Ministries Incorporated demonstrates consistent growth in revenue and assets over the past decade, indicating a stable financial trajectory. For the most recent period (202312), the organization reported revenues of $389,469 against expenses of $425,542, resulting in a deficit for the year. This follows a similar pattern in 202212 where expenses exceeded revenue. However, the organization maintains a healthy asset base of $194,564, significantly higher than its liabilities of $63,950, suggesting overall solvency. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, enhancing its transparency and public trust.
While the organization has experienced periods where expenses outpaced revenue, its long-term growth in assets and revenue suggests effective fundraising and financial management over time. The NTEE code X20 (Religious Related) implies a focus on program services, and the absence of officer compensation further supports a program-centric approach. The organization's financial health appears generally sound, with a clear dedication to its mission as evidenced by its compensation practices.