AI Transparency Report
The Jd Bergman Charitable Foundation demonstrates strong financial health and efficiency, particularly in its program spending. Over the past five years, the organization has consistently maintained very low expense ratios relative to its revenue, indicating efficient operations. For example, in 2023, with revenue of $2,230,482, expenses were only $512,129. This trend of expenses being a small fraction of revenue suggests that a significant portion of incoming funds is either being directly applied to programs or prudently invested to grow assets, which have steadily increased from $665,654 in 2011 to $9,408,917 currently. The foundation's liabilities have also remained negligible, often reported as $1 or $0, further underscoring a robust financial position.
The foundation's transparency is bolstered by its consistent filing history, with 10 filings available. The absence of officer compensation reported across all available filings is a notable positive indicator of resource allocation directly towards its charitable mission rather than administrative overhead for executive salaries. While specific program spending details would provide deeper insight, the overall financial picture suggests a well-managed and financially sound organization focused on its charitable objectives.