AI Transparency Report
Naugatuck Youth Services Inc demonstrates consistent financial growth and strong program spending over the past decade. Revenue has steadily increased from $72,275 in 2014 to $553,844 in 2023, indicating growing support for its mission. The organization consistently spends a high proportion of its expenses on programs, as evidenced by the healthy surplus in most years, such as the $59,310 surplus in 2023 (Revenue $553,844 - Expenses $494,534). This suggests efficient use of donor funds directly towards its youth services.
The organization's assets have also grown significantly, from $85,236 in 2014 to $538,102 in 2023, providing a solid financial foundation. Liabilities have remained relatively low compared to assets, indicating good financial management. A notable aspect of their transparency is the consistent reporting of 0% officer compensation across all available filings, which can be a positive signal for donors regarding resource allocation directly to services rather than executive pay. Overall, Naugatuck Youth Services Inc appears to be a financially healthy and program-focused organization.