No red flags identified.
AI Transparency Report
The Susan L Curtis Charitable Foundation demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2022, revenue was $1,005,861 against expenses of $856,797, indicating a healthy operating surplus. The organization's assets have shown steady growth, increasing from $2,812,865 in 2015 to $4,419,849 in 2023, suggesting sound financial management and accumulation of resources. Liabilities remain very low relative to assets, indicating a strong balance sheet.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent operational surpluses and asset growth suggest efficient use of funds. A key indicator of transparency and good governance is the reported 0% officer compensation across all available filings, which is highly commendable and suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which would require further investigation of the full 990 forms. This practice significantly reduces overhead and maximizes funds available for charitable activities.
Overall, the foundation appears to be financially stable and well-managed, with a clear commitment to minimizing administrative costs as evidenced by the lack of officer compensation. The consistent growth in assets and generally positive operating margins reflect a sustainable financial model. To fully assess spending efficiency, a detailed breakdown of program, administrative, and fundraising expenses from the full 990 forms would be beneficial, but the available data points to a fiscally responsible organization.