AI Transparency Report
The National Association Of Community Development Extension Professional (NACDEP) demonstrates consistent financial activity, with revenues and expenses fluctuating but generally staying within a similar range over the past decade. For instance, in 2023, the organization reported revenues of $169,350 against expenses of $157,366, indicating a slight surplus. While the provided data does not detail the exact breakdown of program, administrative, and fundraising expenses, the absence of officer compensation across all reported periods suggests a volunteer-driven leadership model, which can be a positive indicator of efficiency and dedication to mission. However, without a detailed functional expense statement, it's challenging to fully assess spending efficiency.
The organization's assets have shown some fluctuation, reaching a high of $196,732 in 2023, up from $169,497 in 2022, indicating a healthy financial position relative to its operational scale. Liabilities remain relatively low, with $18,910 in 2023, suggesting good financial management and limited debt. The consistent filing of IRS 990 forms over 13 periods demonstrates a commitment to transparency, providing a clear historical record of its financial operations. Further insight into program impact and specific spending categories would enhance a complete understanding of its overall financial health and effectiveness.