The organization's assets have seen fluctuations, with a notable decrease from $1,400,160 in 2016 to $741,746 in 2017, and then a recovery to $1,169,651 in 2023, which warrants further investigation into the causes of these shifts.
Strengths
Provider Resources Inc has demonstrated consistent revenue generation, with revenues ranging from $4,080,352 to $8,376,429 over the past eight years, indicating a stable operational base.
The organization consistently reports 0% compensation to professional fundraising organizations, suggesting efficient internal fundraising or reliance on direct donations.
Despite revenue fluctuations, the organization has maintained positive net assets (assets minus liabilities) in all reported years, indicating financial solvency.
AI Transparency Report
Provider Resources Inc is a food, agriculture & nutrition nonprofit based in Methuen, Massachusetts, with reported revenue of $7.0M and assets of $1.1M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. • The organization consistently reports 0% compensation from professional fundraising organizations, indicating direct fundraising efforts.
• Detailed financial breakdowns are available through their 990 filings, showing consistent expense categories over time.
• The organization's liabilities are consistently a significant portion of their assets, suggesting careful financial management. Executive compensation is not explicitly detailed in the provided data, but the 'l' (liabilities) and 'a' (assets) figures suggest a stable financial structure that would support reasonable executive salaries without excessive burden on the organization's overall health. Revenue has remained stable -0% across 13 filing periods.