AI Transparency Report
Thru The Bible Radio Trust Share Of The Lex H Copeland & Carrie M appears to be a very small organization, consistently operating with expenses exceeding its revenue in recent years. For instance, in 2023, revenue was $48,074 while expenses were $77,514, indicating a reliance on its substantial asset base, which has been steadily declining from over $1.1 million in 2015 to $959,866 in 2023. The organization reports zero officer compensation across all available filings, which is a notable aspect of its financial structure, suggesting a volunteer-led or externally managed operational model. Given its NTEE code T22 (Radio, Television, & Publishing), the consistent expenses around $75,000 annually suggest a stable, albeit deficit-spending, operational footprint. The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging, but the consistent deficit spending is a key financial characteristic.
The organization's transparency is generally good, with consistent annual filings. However, without a detailed functional expense breakdown (program, administrative, fundraising), it's difficult to fully assess spending efficiency. The minimal liabilities reported ($1 across most years) indicate a very low debt burden, which is a positive sign of financial stability in that regard. The declining asset base, however, suggests that current operations are not sustainable without drawing down reserves or increasing revenue significantly. The absence of officer compensation enhances transparency regarding executive pay, but the overall financial health is marked by a consistent operational deficit.