AI Transparency Report
Peterborough Wave Swim Team Inc. appears to be a small, volunteer-run organization based on its consistent reporting of 0% officer compensation across all available filings. This indicates a strong commitment to directing all funds towards its mission rather than executive salaries. However, the organization has experienced significant fluctuations in revenue and expenses over the past several years. For instance, revenue dropped from $47,106 in 2019 to $4,375 in 2020, and while it recovered to $13,333 in 2021, it has since declined to $8,174 in 2023. Expenses have also varied, sometimes exceeding revenue, leading to periods of net losses, such as in 2023 where expenses were $11,632 against $8,174 in revenue. The organization's assets have also seen a considerable decline from a high of $45,050 in 2012 to $6,798 in 2023, suggesting a shrinking financial base. While the lack of liabilities is a positive sign, the overall trend points to financial instability and a need for more consistent fundraising or expense management to ensure long-term sustainability.