AI Transparency Report
Ute Mountain Roundup Inc. demonstrates consistent financial growth and appears to be in good financial health. Over the past decade, the organization's revenue has steadily increased from $119,022 in 2014 to $299,435 in 2023, with a notable jump in assets from $73,287 to $195,891 in the same period. This indicates effective management of resources and a growing capacity to support its mission. The organization consistently operates with a positive net income, as seen in 2023 where revenue of $299,435 exceeded expenses of $260,077.
The organization's spending efficiency is strong, with a high proportion of expenses likely directed towards program services, given the absence of officer compensation and relatively low liabilities. The consistent growth in assets, coupled with manageable liabilities (e.g., $8,209 in 2023), suggests prudent financial stewardship. The lack of reported officer compensation across all available filings is a significant indicator of efficiency and a commitment to directing funds towards the organization's mission rather than executive salaries.
Transparency is high, as evidenced by the consistent filing of IRS Form 990s over 12 periods, providing a clear historical financial record. The detailed breakdown of revenue, expenses, assets, and liabilities in each filing allows for thorough public scrutiny. The absence of officer compensation further enhances transparency by showing that no significant portion of funds is allocated to executive salaries, which is often a point of concern for donors.