AI Transparency Report
St Aloysius Mission Association Inc exhibits inconsistent financial performance over the past six years, with significant fluctuations in revenue and expenses. While the organization reported a substantial revenue of $797,803 in 2022 and $306,939 in 2020, it also experienced negative revenue in 2023 ($-17,159) and very low revenue in 2024 ($17,403). This volatility suggests potential challenges in securing consistent funding or managing financial inflows. The organization consistently reports 0% officer compensation, indicating a commitment to minimizing administrative overhead in this area and potentially relying on volunteer leadership.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the organization's assets have shown growth over the period, from $436,833 in 2019 to $896,539 in 2024, despite recent revenue declines. The absence of liabilities in most years (except $4,947 in 2023) is a positive indicator of financial stability and responsible debt management.
Transparency appears to be reasonable given the availability of multiple IRS 990 filings. The consistent reporting of 0% officer compensation is a transparent practice. However, a more detailed breakdown of expenses within the filings would further enhance transparency regarding how funds are allocated across programs, administration, and fundraising efforts.