AI Transparency Report
Jordan Community Residential Center has demonstrated significant growth in recent years, with revenue increasing from $189,327 in 2014 to $1,892,698 in 2023. This growth has been accompanied by a substantial increase in assets, from $41,725 to $1,016,610 over the same period. The organization consistently reports 0% officer compensation, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. However, the 2023 filing shows expenses ($2,196,213) exceeding revenue ($1,892,698), resulting in a deficit for that year, which warrants monitoring to ensure long-term sustainability. The organization's liabilities have also seen a notable increase in 2023 to $742,275, which should be considered in future financial assessments.
The organization's financial health appears to be in a growth phase, with a strong historical trend of increasing revenue and assets. The consistent reporting of no officer compensation is a positive sign for transparency and efficient use of funds. While the 2023 deficit and increased liabilities are points to watch, the overall trajectory suggests a growing capacity to serve its community. Further analysis of program spending versus administrative and fundraising costs would provide a more complete picture of spending efficiency, but the absence of executive compensation is a strong positive indicator.