AI Transparency Report
Kinnelon Hockey Club Inc demonstrates consistent financial growth, with revenue increasing from $754,418 in 2015 to $1,573,129 in 2023. The organization maintains a healthy asset base, growing from $322,157 in 2015 to $850,712 in 2023, indicating good financial stewardship. Their liabilities have remained relatively low, with the highest reported at $122,989 in 2023, suggesting prudent financial management and minimal reliance on debt.
The organization's spending efficiency appears strong, as evidenced by their program service accomplishments. For instance, in 2023, with expenses of $1,375,189 against revenues of $1,573,129, they operated with a surplus, contributing to asset growth. A key indicator of their commitment to their mission is the consistent reporting of 0% officer compensation across all available filings, which suggests that resources are primarily directed towards program activities rather than executive salaries. This practice enhances their financial health and public trust.
Transparency is a notable strength, with 13 filings available, demonstrating a consistent commitment to public disclosure. The absence of officer compensation further reinforces their transparent and mission-focused approach. Overall, Kinnelon Hockey Club Inc appears to be a financially sound and efficiently run organization, with a clear dedication to its stated purpose.