Fluctuating revenue makes long-term financial planning challenging
Expenses exceeded revenue in 2022 ($76,250 expenses vs. $62,419 revenue) and 2021 ($43,930 expenses vs. $34,288 revenue), indicating reliance on reserves or prior year surpluses.
Strengths
Consistent reporting of $0 liabilities, indicating strong financial management and no debt.
0% officer compensation across all filings, ensuring funds are directed to the mission.
Healthy asset base ($123,433 latest assets) relative to its annual revenue, providing financial stability.
Consistent filing of IRS Form 990s demonstrates transparency and compliance.
AI Transparency Report
Southwest Llama Rescue Inc. demonstrates consistent financial stability with a healthy asset base relative to its revenue, averaging over $120,000 in assets against an average revenue of approximately $50,000 over the last six years. The organization consistently reports zero liabilities, indicating a strong financial position and responsible fiscal management. A notable strength is the complete absence of officer compensation, which suggests that all contributions directly support the organization's mission without executive overhead. While specific program spending details are not provided in the summary data, the overall financial health appears robust for an organization of its size, with expenses generally managed within or close to revenue levels, except for a deficit in 2022. The consistent filing of IRS Form 990s over six periods indicates a commitment to transparency.