No red flags identified.
AI Transparency Report
St Catharine Conference demonstrates a consistent operational pattern with revenues generally exceeding or closely matching expenses over the past decade, indicating stable financial management. For instance, in 2024, expenses were $180,129 against revenues of $165,953, showing a slight deficit, while in 2022, revenues of $157,130 exceeded expenses of $144,271. The organization consistently reports zero liabilities, which is a strong indicator of financial health and prudent management, avoiding debt. Their assets have shown growth over time, from $30,385 in 2014 to $116,131 in 2024, suggesting an accumulation of resources.
Spending efficiency appears to be a strength, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can free up more funds for program activities. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio is difficult to calculate, but the absence of officer compensation is a positive sign for resource allocation. The organization's NTEE code P20 (Religious Organizations) often implies a strong community focus.
Transparency is good, with consistent annual filings available, providing a clear historical financial picture. The consistent reporting of zero liabilities and zero officer compensation across multiple years simplifies financial analysis and indicates a straightforward financial structure. While more granular expense details would enhance transparency further, the available data paints a picture of a financially stable and responsibly managed small nonprofit.