AI Transparency Report
The Orab Music Booster Club demonstrates consistent financial activity typical of a small, community-focused organization. With latest reported revenue of $48,056 and assets of $16,750, its scale is modest. The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-driven model, which is a strong positive for transparency and efficiency. However, recent filings show expenses exceeding revenue, such as in 2024 ($33,785 expenses vs. $26,750 revenue) and 2023 ($36,456 expenses vs. $24,859 revenue), leading to a decline in assets from a high of $77,799 in 2016 to $16,750 currently. This trend suggests the organization is spending down its reserves or operating at a deficit in recent years, which warrants closer monitoring.
While the specific breakdown of program, administrative, and fundraising expenses isn't detailed in the provided summary, the absence of officer compensation implies a high proportion of funds likely go directly to programs or necessary operational costs. The consistent filing of IRS Form 990s over 14 periods indicates good compliance and transparency in reporting. The significant fluctuation in revenue, from a low of $18,941 in 2018 to a high of $94,500 in 2017, suggests reliance on varying fundraising efforts or event-based income, which can lead to unpredictable financial performance. The organization's ability to manage these fluctuations while maintaining its mission is key to its long-term sustainability.