AI Transparency Report
Queens Village Committee 4 Mental Health 4 Jamaica Community 4 demonstrates a consistent commitment to its program services, with a significant portion of its expenses directed towards its mission. For example, in the 202306 period, the organization reported expenses of $6,184,141 against revenue of $5,924,363, indicating a slight deficit but continued operational activity. The organization's assets have fluctuated over the years, reaching a high of $11,042,280 in 202006 before decreasing to $8,707,969 in 202306, while liabilities have remained substantial, often exceeding 70% of assets in recent years. This high liability-to-asset ratio, such as $7,041,550 in liabilities against $8,707,969 in assets in 202306, warrants closer examination to understand the nature of these obligations and their potential impact on long-term financial stability.
The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency and a focus on directing funds to programs rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven or very modestly compensated leadership structure. However, the consistent operational deficits in several recent years (e.g., 202306, 202106, 202006) where expenses exceeded revenue, suggest a need for careful financial planning to ensure sustainability. While the organization's mission focus appears strong, the recurring deficits and high liabilities are areas that could benefit from increased transparency regarding funding strategies and long-term financial management plans.