AI Transparency Report
The Wilfredo Perez Jr Memorial Fund Inc demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $274,885 in 2023. The organization's revenue has fluctuated, with a notable increase to $123,385 in 2023, followed by a decrease to $23,235 in the latest reported period. Despite this fluctuation, the organization has consistently maintained zero liabilities, indicating strong financial management and a lack of debt. Spending efficiency appears to be a mixed bag; in 2023, expenses ($156,188) exceeded revenue ($123,385), suggesting a draw from reserves or a temporary deficit. However, in other years like 2021, revenue significantly outpaced expenses ($93,485 vs. $67,075), allowing for asset accumulation. The absence of officer compensation reported across all filings suggests a volunteer-driven leadership, which enhances transparency and ensures more funds are directed towards the mission.