AI Transparency Report
Mansfield Innovative Anddevelopmental Services Inc demonstrates a consistent pattern of growth in revenue and assets over the past decade, indicating increasing capacity and reach. For example, revenue grew from $93,405 in 2014 to $590,924 in 2023, and assets increased from $24,185 to $296,858 in the same period. The organization consistently spends a high proportion of its expenses on program services, as evidenced by the 2023 filing where program service expenses were $403,300 out of total expenses of $491,824, representing approximately 82% of total spending. This suggests a strong focus on its mission.
The organization's financial health appears stable, with assets consistently exceeding liabilities. In 2023, assets were $296,858 against liabilities of $64,652, indicating a healthy financial position. The absence of reported officer compensation across all available filings suggests a volunteer-led or very lean administrative structure, which contributes to higher program spending efficiency. However, without detailed functional expense breakdowns for administrative and fundraising costs, a precise assessment of spending efficiency beyond program services is challenging.
Transparency is generally good through its consistent IRS 990 filings. The consistent growth and high program spending ratio are positive indicators. The lack of reported officer compensation is a notable aspect, suggesting resources are primarily directed towards program delivery. Further transparency could be enhanced with more detailed public reporting on the specific programs delivered and their impact.