AI Transparency Report
The National Black Justice Coalition Inc. demonstrates a generally healthy financial position with significant growth in revenue and assets over the past decade. In the most recent filing (202306), the organization reported revenues of $2,133,159 against expenses of $1,817,780, indicating a surplus. Their assets have grown substantially, reaching $6,020,999 in 2023, up from $1,924 in 2014, showcasing strong financial management and accumulation of resources. The consistent reporting of zero liabilities across multiple recent filings (2020-2023) is a strong indicator of financial stability and low debt burden.
The organization's spending efficiency appears robust, with program expenses likely constituting the majority of their total expenditures, given the absence of reported officer compensation and the overall financial health. The consistent growth in assets without corresponding liabilities suggests effective resource management. Transparency is high, as evidenced by 12 years of consistent IRS 990 filings and the explicit reporting of 0% officer compensation, which is a significant positive for public trust and accountability.