AI Transparency Report
Shiloh Charitable Trust demonstrates inconsistent financial performance over the past decade, with revenues fluctuating significantly from a low of $31,194 in 2017 to a high of $351,964 in 2019. In the latest filing (202312), the organization reported expenses ($157,537) exceeding revenue ($137,816), resulting in a net deficit for the period. This trend of expenses occasionally surpassing revenue is observed in multiple years, such as 2020, 2017, 2016, and 2015, indicating potential challenges in maintaining consistent financial stability.
The organization's assets have shown growth, reaching $170,191 in the latest available data, up from $134,837 in 2023. However, liabilities have also been present in most recent filings, reaching $54,217 in 2023. A notable strength in transparency is the consistent reporting of 0% officer compensation across all available filings, suggesting that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor confidence regarding administrative overhead.
While specific breakdowns of program, administrative, and fundraising expenses are not explicitly detailed in the provided summary, the consistent lack of officer compensation points to a potentially lean administrative structure. The fluctuating revenue and occasional deficits suggest a need for more stable funding streams or tighter expense management to ensure long-term sustainability. The organization's consistent filing of IRS Form 990s over 13 periods indicates a commitment to regulatory compliance and basic transparency.