AI Transparency Report
St Lawrence Valley Renewal House For Victims Of Family Violence Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, increasing from $709,997 in 2014 to $1,801,995 in 2023. The organization has also consistently maintained positive net assets, growing from $790,022 to $1,809,847 in the same period, indicating sound financial management and accumulation of reserves. Their liabilities have remained relatively low compared to assets, suggesting good solvency.
The organization's spending efficiency appears strong, with expenses consistently below revenue, allowing for asset growth. For instance, in 2023, expenses were $1,331,001 against revenues of $1,801,995, resulting in a significant surplus. A key indicator of their commitment to mission is the reported 0% officer compensation across all available filings, which suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited.
Regarding transparency, the consistent filing of IRS Form 990s over 12 periods is commendable. However, the lack of specific NTEE code information and detailed expense breakdowns in the provided data limits a deeper analysis of their programmatic spending and overall operational transparency. While the absence of officer compensation is a positive, a more granular view of how funds are allocated across different functions would enhance their transparency profile.