AI Transparency Report
The Professional Grounds Management Society (PGMS) demonstrates consistent financial stability with assets exceeding $2 million in recent years, reaching $2,158,861 in 2023. While revenue has fluctuated, the organization generally maintains a healthy financial position, with expenses often managed below revenue, as seen in 2022 where revenue was $814,298 against expenses of $743,961. However, in 2023, expenses slightly outpaced revenue ($818,926 vs. $792,724), indicating a minor deficit for that period. The organization's consistent asset growth over the past decade, from $783,542 in 2014 to over $2.1 million, suggests sound financial management and accumulation of reserves.
PGMS appears to be efficient in its operations, as indicated by its stable asset base and generally controlled expenses. The absence of reported officer compensation across all available filings suggests that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead. This structure, if true, would enhance its spending efficiency.
Transparency is high regarding executive compensation, as zero officer compensation is reported. The consistent filing of IRS Form 990s over 13 periods further demonstrates a commitment to public disclosure. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is challenging, but the overall financial health appears robust.