AI Transparency Report
Oswego County Opportunities Inc. demonstrates consistent growth in revenue and assets over the past decade, with latest revenue at $39,006,288 and assets at $19,783,114. The organization generally operates with expenses closely aligned to revenue, indicating a focus on utilizing funds for current operations rather than accumulating large surpluses. For instance, in 2023, expenses were $37,033,144 against revenues of $36,426,673, showing a slight deficit, which is not uncommon for nonprofits managing tight budgets. Their asset base has nearly doubled from $10,972,451 in 2014 to $19,783,114 currently, suggesting sound financial management and capacity building.
The organization's financial health appears stable, supported by a steady increase in both revenue and assets. While specific program spending ratios are not provided in the raw data, the consistent operational scale and growth suggest effective deployment of resources. The absence of reported officer compensation in the provided data for all periods is a notable point regarding transparency, as it could imply either no compensation or that it's reported differently, which warrants further investigation for a complete transparency assessment. However, the consistent filing of IRS 990s over 13 periods indicates a commitment to regulatory compliance and public disclosure.