AI Transparency Report
Safe Haven Development Llc has a concerning financial history, marked by periods of negative assets and liabilities, particularly in 2016 where assets were $-9,833 and liabilities were also $-9,833. While the organization reported revenues exceeding expenses in some years, such as 2015 ($2,189,182 revenue vs. $2,156,101 expenses), the overall trend shows a struggle to maintain positive net assets. The latest filing indicates $0 revenue and $0 assets, which could suggest inactivity or a significant change in operations. The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the top-line figures.
The organization's financial stability appears volatile, with significant fluctuations in revenue and expenses over the years. For instance, revenue jumped from $415,943 in 2011 to over $2 million in 2014, 2015, and 2016, before dropping to $0 in the latest period. The consistent reporting of 0% officer compensation across all available filings suggests either a volunteer-led organization or that compensation is not reported in a way that is visible in this summary. Without more detailed expense categories, a comprehensive assessment of program spending versus administrative and fundraising costs is not possible.