AI Transparency Report
Nine Mile Community Center demonstrates a consistent, albeit small, operational history with fluctuating financial performance. In 2020, the organization reported $25,829 in revenue against $32,274 in expenses, resulting in a deficit. This contrasts with 2019, where revenue of $18,897 significantly exceeded expenses of $8,560. The organization's assets have shown growth over the decade, from $19,811 in 2011 to $46,019 in 2020, indicating some financial stability despite annual variations in income and expenditures. Liabilities have consistently remained very low, often at zero, which is a positive indicator of financial health and responsible management.
The lack of reported officer compensation across all filings suggests that leadership may be entirely volunteer-based, which can be a strength in terms of maximizing funds for programs but also raises questions about the sustainability of operations without paid staff. The organization's NTEE code P28 (Community Service Organizations) aligns with its name, suggesting a clear program focus. However, without detailed expense breakdowns beyond total expenses, it's challenging to fully assess spending efficiency between program, administrative, and fundraising costs. The consistent filing of IRS Form 990s over a decade demonstrates a commitment to transparency, even for an organization of its size.