AI Transparency Report
The Legal Aid Society Of Nassau County N Y demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, revenues were $11,240,463 against expenses of $10,870,884, indicating a slight surplus. The organization's assets have shown some fluctuation but remain relatively modest compared to its annual revenue, with $1,192,404 in assets in 2023. A notable aspect is the consistently reported 0% officer compensation across all available filings, which suggests either a volunteer leadership structure or that compensation is not reported under this specific category, warranting further investigation for full transparency. The organization's liabilities have often exceeded its assets, such as in 2023 where liabilities were $2,850,278 against assets of $1,192,404, which could indicate reliance on short-term funding or deferred revenue. Overall, the organization appears to manage its operational budget effectively, but the asset-to-liability ratio and the specifics of executive compensation reporting could benefit from greater clarity.