AI Transparency Report
Lawrence Woodmere Academy demonstrates fluctuating financial health over the past decade. While the latest filing (202306) shows a positive net income of $4,365,769 (Revenue $12,347,108 - Expenses $7,981,339), this follows several years of operating deficits, notably in 202206, 202106, 202006, 201806, 201706, and 201506. The organization's liabilities consistently exceed its assets, with liabilities at $6,889,210 against assets of $4,033,544 in 202306, indicating a reliance on debt or deferred revenue. The consistent reporting of 0% officer compensation across all filings suggests either a volunteer leadership structure or that compensation is reported under other expense categories, which could impact transparency regarding executive pay. The significant increase in revenue and positive net income in the latest period is a positive development, but the long-term financial stability needs careful monitoring given the historical trends.