AI Transparency Report
Orienta Beach Club Inc. demonstrates consistent financial growth, with revenue increasing from $4.68 million in 2014 to $8.23 million in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $8,228,628 exceeded expenses of $7,659,979. This indicates sound financial management and an ability to cover operational costs. The organization's assets have also grown steadily, reaching $12,012,589 in 2023, while liabilities have remained relatively stable, suggesting a healthy balance sheet.
However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it is challenging to fully assess spending efficiency. The NTEE code is unknown, which limits the ability to benchmark against similar organizations. The consistent reporting of 0% officer compensation across all filings suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs.
Overall, Orienta Beach Club Inc. appears financially stable and growing. The lack of detailed expense categorization and NTEE code, however, presents a limitation in fully evaluating its spending efficiency and program focus. The consistent positive net income and asset growth are strong indicators of financial health.