AI Transparency Report
The Ohio Network Of Childrens Advocacy Centers demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. For instance, in 2023, the organization reported revenues of $591,327 against expenses of $619,448, indicating a slight operational deficit. This trend of near break-even operations is common across several years, suggesting careful management of resources relative to incoming funds. The organization's assets have fluctuated, reaching a high of $437,458 in 2019 before settling at $172,568 in 2023, while liabilities have remained relatively low, indicating a healthy balance sheet.
The organization's financial health appears stable, with no significant accumulation of debt. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice, combined with a history of regular IRS 990 filings, suggests a strong dedication to financial accountability and public trust. While the exact breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial picture points to an organization that manages its funds prudently.