AI Transparency Report
The Outcalt Foundation, based in Alamosa, CO, appears to be a well-established grant-making organization with significant assets. Over the past several years, the foundation has consistently reported substantial assets, peaking at over $26 million in 2015 and currently standing at $21,428,371. A notable aspect of its financial operations is the consistent reporting of zero officer compensation across all available filings, which suggests a volunteer-led or very lean administrative structure, contributing positively to its spending efficiency. However, the foundation has frequently reported expenses exceeding revenue in recent years, such as in 2023 where expenses were $2,509,370 against revenues of $1,000,603, indicating it is drawing down on its endowment or prior year surpluses to fund its activities. This is a common practice for foundations but warrants monitoring to ensure long-term sustainability.