AI Transparency Report
Metro Squash Nfp demonstrates a generally stable financial position with significant assets, though recent years show fluctuating revenues and expenses. In fiscal year 2023, the organization reported revenues of $2,446,371 against expenses of $3,542,336, indicating a deficit for the period. This follows a trend from 2022 where expenses slightly exceeded revenue. However, the organization maintains substantial assets, totaling $11,746,451 in 2023, which provides a strong financial cushion. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this area and points to good transparency regarding executive pay practices.
Spending efficiency appears to be a mixed bag. While the organization has experienced periods of strong revenue generation, such as $4,902,892 in 2021, it has also seen periods where expenses outpaced revenue, as in 2023. The significant asset base, which has consistently been over $9 million since 2018, indicates effective asset management over time. The lack of reported officer compensation is a positive indicator for spending efficiency in that specific area, suggesting resources are directed elsewhere. Further analysis of program vs. administrative spending would provide a more complete picture of overall efficiency.
Transparency is a strong point for Metro Squash Nfp, evidenced by its consistent filing history with 14 filings available. The clear reporting of 0% officer compensation across all periods is a notable positive for transparency, as it directly addresses a common area of concern for donors. The detailed financial figures provided in the filings allow for a thorough review of the organization's financial health and operational decisions.