AI Transparency Report
Niagara Community Action Program Inc demonstrates consistent financial operations, with revenues generally exceeding expenses over the past decade, contributing to a steady growth in assets. For instance, in the 202310 period, the organization reported revenues of $2,748,774 against expenses of $2,533,225, resulting in a surplus that bolstered its assets to $1,957,807. This trend indicates a stable financial footing and an ability to manage its resources effectively.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of its expenditures are directed towards program services and operational costs rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a positive indicator for donor confidence regarding resource allocation.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating consistent compliance with regulatory requirements. The consistent reporting of 0% officer compensation across all filings is a significant transparency point, as it clearly communicates that no compensation is being paid to officers, which is unusual for an organization of this size and could imply a volunteer-led executive structure or that compensation is reported under other categories. Further investigation into the detailed 990 forms would clarify the full compensation structure and provide a more complete picture of financial transparency.