AI Transparency Report
The New York Society For Gastrointestinal Endoscopy Inc (NYSGIE) demonstrates a generally stable financial position, with assets consistently over $1 million in recent years, reaching $1,253,612 in the latest period. However, the organization has experienced periods of operating deficits, such as in 202306 where expenses ($1,181,155) exceeded revenue ($1,001,392), and in 202206 where expenses ($1,006,898) also surpassed revenue ($937,994). This trend of spending more than it earns in some years warrants attention, though it has not significantly eroded its asset base. The organization's revenue has fluctuated, with the latest reported revenue at $1,409,333, showing a recovery from the lower figures seen in 202106 ($400,548).
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a lean approach to executive pay, which is a positive indicator for donor confidence. The organization's liabilities have remained very low, indicating good financial management regarding debt.
Transparency regarding executive compensation is excellent, with no reported officer compensation. However, the lack of NTEE code information and detailed expense breakdowns in the provided data limits a comprehensive assessment of its program efficiency and overall transparency beyond executive pay. Further detailed financial statements would be necessary to fully understand its operational spending and program impact.