AI Transparency Report
Tri County Family Justice Center of Northeast New Mexico Inc. demonstrates consistent operational activity with revenues and expenses generally in close alignment over the past decade, indicating a stable, albeit tight, financial model. For example, in 2023, revenues were $429,197 against expenses of $438,968, showing a slight deficit. The organization's assets are relatively low compared to its annual revenue, with $22,416 in latest assets against $470,676 in latest revenue, suggesting limited reserves. However, the consistent operation without significant asset accumulation might be typical for a direct service organization with immediate spending needs.
The organization appears to be efficient in its spending, with a strong focus on program delivery, as evidenced by the high program spending ratio. The absence of reported officer compensation across all available filings is a significant indicator of either a volunteer-led executive team or compensation being reported under other expense categories, which would warrant further investigation for full transparency. The consistent filing of IRS 990 forms over 13 periods demonstrates a commitment to regulatory compliance and transparency.
While the organization maintains a lean financial profile with minimal assets and liabilities, its ability to consistently generate revenue and cover expenses, even with slight annual deficits, suggests a resilient operational model. The lack of executive compensation is a notable positive for donor confidence regarding administrative overhead, assuming all leadership roles are genuinely uncompensated or compensated through non-officer roles.