No red flags identified.
AI Transparency Report
Time And Again Ltd demonstrates consistent financial stability and a strong commitment to its mission, as evidenced by its IRS 990 filings. The organization has shown steady growth in revenue and assets over the past decade, with its latest reported revenue at $88,016 and assets at $57,576. Notably, the organization consistently reports zero liabilities in recent years (2017-2023), indicating sound financial management and a lack of debt. This financial prudence is a positive indicator of its long-term sustainability.
The organization's spending efficiency appears robust, with expenses generally tracking below revenue, allowing for asset accumulation. For instance, in 2023, expenses were $49,105 against revenues of $52,305. A key aspect of its transparency and efficiency is the consistent reporting of 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can be a positive sign for donor confidence. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial health and lack of liabilities are strong indicators.
Given the consistent growth, lack of debt, and zero reported officer compensation, Time And Again Ltd appears to be a financially healthy and transparent organization. Its ability to maintain positive net assets and operate without significant liabilities, especially for an organization of its size, speaks to effective financial stewardship. Further analysis would benefit from a detailed functional expense breakdown to fully assess program spending ratios.