AI Transparency Report
The New Brunswick Elks 0324 demonstrates a consistent pattern of operating at a deficit over the past several years, with expenses frequently exceeding revenue. For example, in the 202403 period, revenue was $119,421 while expenses were $172,799, and in 202303, revenue was $156,966 against expenses of $220,180. This trend suggests a reliance on existing assets or other funding sources to cover operational costs, as evidenced by a gradual decrease in assets from $1,286,941 in 201603 to $887,451 in 202403. The organization's financial health appears to be in decline, with a shrinking asset base and persistent operating losses. Transparency regarding specific program spending versus administrative and fundraising costs is limited without detailed functional expense breakdowns, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation is a positive indicator of volunteer leadership.