AI Transparency Report
The Pop Tech Institute exhibits significant financial instability, consistently operating at a deficit for the past four years. In 2023, expenses ($439,610) exceeded revenue ($373,392) by over $66,000, a trend seen in 2022 ($407,488 expenses vs. $298,550 revenue), 2021 ($263,807 expenses vs. $180,871 revenue), and 2020 ($275,543 expenses vs. $260,934 revenue). This persistent deficit spending has led to a precarious financial position, with liabilities ($769,263 in 2023) vastly outweighing assets ($42,453 in 2023). The organization's assets have also declined significantly from a high of $273,945 in 2014 to just $4,706 currently, indicating a severe erosion of financial reserves. While officer compensation is reported as 0%, which is positive for transparency, the overall financial health is concerning due to the large and growing liabilities relative to minimal assets and ongoing operational losses.