AI Transparency Report
The Upper Valley Rowing Foundation demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization's assets have steadily increased from $290,391 in 2014 to $672,847 in 2023, indicating effective asset management and accumulation. Revenue has also shown a positive trend, with the latest reported revenue at $344,970, significantly higher than earlier years. The organization consistently spends less than it earns, as seen in the 2023 period where expenses were $213,225 against revenues of $271,283, contributing to asset growth. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which is a strong indicator of efficiency and dedication to mission over personal gain. This also contributes to a high program spending ratio, as administrative overhead is minimized. The organization's financial transparency is excellent, with 13 years of consistent filings and clear financial statements.