AI Transparency Report
Saint Alphonsus Foundation Ontario Inc. exhibits a fluctuating financial history, with recent years showing expenses exceeding revenue. For instance, in 2023, expenses were $31,952 against revenues of $14,718, and in 2022, expenses were $44,550 against revenues of $29,326. This trend suggests the organization is drawing down on its assets or relying on prior year surpluses. The organization consistently reports zero liabilities and zero officer compensation, which are positive indicators for financial stability and transparency regarding executive pay. However, the significant swings in revenue and expenses over the past decade, such as $960,239 in revenue in 2015 compared to $14,718 in 2023, warrant closer examination to understand the underlying operational changes and funding model. The NTEE code E11 suggests a focus on hospitals and primary care, and without detailed expense breakdowns, it's challenging to fully assess spending efficiency on programs versus administrative costs. The consistent reporting of zero officer compensation enhances transparency.