AI Transparency Report
The Mississippi Association Of Minority Supervisors Caucus demonstrates a generally stable financial position, with revenues fluctuating but typically exceeding expenses in most recent periods, such as 2022 where revenue was $126,059 against expenses of $99,554. However, the latest filing for 2023 shows expenses ($93,481) exceeding revenue ($78,450), indicating a deficit for that year. The organization consistently reports zero liabilities across all available filings, which is a strong indicator of financial stability and responsible debt management. Their asset base has varied, peaking at $86,537 in 2022 and currently standing at $38,605.
Spending efficiency appears reasonable given the reported financial figures, though a detailed breakdown of program versus administrative costs is not explicitly provided in the summary data. The consistent reporting of 0% officer compensation across all periods suggests that the organization is run by volunteers or that compensation falls below reporting thresholds, which can be a positive sign for donor confidence regarding overhead. Transparency is good through consistent IRS 990 filings, providing a clear historical financial record. The lack of liabilities further enhances their financial transparency and trustworthiness.