AI Transparency Report
Promesa Foundation Inc demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $28,897,630 in the latest period. While revenue has fluctuated, ranging from a low of $1,477,250 in 2014 to a high of $4,285,572 in 2019, the organization has maintained positive net assets. In the most recent filing (202312), expenses slightly exceeded revenue ($3,214,180 vs. $3,174,360), indicating a minor operating deficit for that specific year. However, this appears to be an anomaly compared to previous years where revenue generally outpaced expenses, such as in 202212 where revenue was $3,501,347 against expenses of $2,745,519. The organization's consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this area, contributing positively to its spending efficiency and transparency. The significant liabilities, consistently over $18 million in recent years, warrant closer examination to understand their nature and impact on long-term financial health.