AI Transparency Report
Ohio Valley Health Center demonstrates a consistent pattern of financial growth and prudent management over the past decade. Revenue has shown a significant upward trend, from $117,896 in 2019 to $416,903 in 2023, indicating growing support and operational capacity. The organization consistently maintains a healthy asset base, reaching $838,699 in 2023, with relatively low liabilities, suggesting strong financial stability and a good reserve position.
The center's spending efficiency appears strong, with expenses generally well below revenue in recent years, allowing for asset accumulation. For instance, in 2023, expenses were $300,806 against revenues of $416,903. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards its mission rather than executive salaries, enhancing its spending efficiency and public trust. The consistent filing of IRS Form 990s over 13 periods also points to a high level of transparency and adherence to regulatory requirements.