AI Transparency Report
Rocky Mountain Workforce Development Association Inc demonstrates a fluctuating financial history, with significant swings in revenue and expenses over the past decade. In the latest filing (202106), the organization reported revenue of $112,770 against expenses of $24,615, resulting in a substantial surplus. This contrasts sharply with previous years, such as 201906, where expenses ($489,293) far exceeded revenue ($371,245). The organization consistently reports $0 in liabilities and 0% officer compensation, indicating a lean operational structure and a lack of debt, which are positive indicators for financial stability and transparency. However, the absence of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging. The significant increase in assets from $22,875 in 202006 to $111,030 in 202106, coupled with low expenses, suggests a period of strong financial accumulation, potentially for future program expansion or as a reserve.