AI Transparency Report
Knights Templar Of The United States Of America demonstrates strong financial health with consistently growing assets and a healthy revenue stream, particularly in recent years. The organization's latest reported revenue of $2,377,098 and assets of $5,927,960 indicate a robust financial position. A key strength is the consistent reporting of 0% officer compensation across all available filings, suggesting a volunteer-driven leadership or very low executive overhead, which is a positive indicator for donor trust and efficient use of funds. The organization also maintains zero liabilities, further solidifying its financial stability.
However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The provided data only shows total expenses, making it difficult to determine the percentage of funds directly allocated to mission-related activities. For instance, in 2024, expenses were $170,107 against revenue of $591,162, indicating a significant surplus, but the allocation of these expenses is not transparent. To improve transparency, the organization could provide more granular expense reporting.
Overall, the organization appears financially sound and responsible with its assets, especially given the absence of liabilities and executive compensation. The significant growth in revenue and assets over the past few years, from $26,635 revenue and $2,750,309 assets in 2015 to $591,162 revenue and $5,266,148 assets in 2024, points to effective financial management and fundraising, though the specific nature of these activities and their efficiency could be further clarified with more detailed expense reporting.