AI Transparency Report
The Ugandan North American Association Inc. demonstrates a consistent operational history with 14 IRS 990 filings, indicating a commitment to regulatory compliance. The organization's financial health shows some volatility, with recent periods (202309 and 202409) reporting expenses exceeding revenue, leading to net losses of $11,825 and $31,037 respectively. While assets have fluctuated, they remain relatively modest for an organization with annual revenues often exceeding $300,000, with the latest reported assets at $124,645. A significant positive is the consistent reporting of 0% officer compensation across all available filings, which suggests a volunteer-driven leadership and efficient use of donor funds in this area.
The organization's spending efficiency appears to be focused heavily on program delivery, as indicated by the absence of reported officer compensation and the nature of its mission. However, without a detailed breakdown of expenses beyond total revenue and expenses, it's challenging to precisely quantify program versus administrative spending. The consistent reporting of zero liabilities in recent years (202009-202409) is a strong indicator of sound financial management and a lack of significant debt. The organization's transparency is good, given its extensive filing history and the availability of its 990 forms, which provide a clear overview of its financial activities.