No red flags identified.
AI Transparency Report
Shabbach Inc demonstrates consistent financial activity over the past decade, with revenues fluctuating but generally staying within the $100,000 to $200,000 range. The organization's latest filing (202312) shows revenue of $164,736 and expenses of $156,484, indicating a slight surplus. Assets have shown growth, reaching $103,489 in 2023, while liabilities remain very low, at $1,405, suggesting a healthy balance sheet and good financial management. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries.
Spending efficiency appears to be strong, given the low liabilities and the consistent surpluses in most years. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation suggests a lean operational structure. The organization's financial health appears stable, with a history of managing expenses effectively relative to its revenue. The consistent filing of IRS 990 forms over 13 periods further enhances its transparency profile, allowing for public scrutiny of its financial activities.