AI Transparency Report
New Jersey United Christian Academy demonstrates a fluctuating financial picture over the past decade, with recent years showing improved revenue generation and expense management. In fiscal year 2024, the organization reported revenue of $1,505,099 against expenses of $1,446,503, indicating a surplus. This trend of revenue exceeding expenses is also seen in 2023, with $1,524,575 in revenue and $1,236,337 in expenses, which is a positive shift from earlier years where expenses frequently outpaced revenue, such as in 2022 ($799,487 revenue vs. $834,836 expenses) and 2021 ($597,652 revenue vs. $635,645 expenses). The organization's assets have shown growth, reaching $192,023 in 2024, up from $42,635 in 2021, suggesting some financial stabilization. However, liabilities have also been significant in past years, peaking at $737,808 in 2018, though they have decreased to $57,076 in 2024, which is a strong improvement in financial health. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for transparency and efficiency.