AI Transparency Report
Vancouver Lake Crew demonstrates a generally stable financial history, with revenues fluctuating but typically covering expenses over the long term. For instance, in 2022, revenue was $209,173 against expenses of $184,176, indicating a surplus. However, the most recent filing (2023) shows a significant deficit, with expenses ($228,178) exceeding revenue ($158,773), leading to a decrease in assets from $209,730 in 2022 to $143,825 in 2023. This recent trend warrants closer monitoring.
The organization consistently reports 0% officer compensation, which is a positive indicator of efficient use of funds and a focus on mission-related spending rather than executive salaries. The NTEE code N67 (Booster Clubs) suggests a focus on supporting specific activities, and the financial data, particularly the absence of executive compensation, aligns with a volunteer-driven or minimally staffed operational model. The organization's assets have generally grown over time, though the recent dip in 2023 is notable.
Overall, while the organization has shown financial resilience in the past, the recent deficit in 2023 and the corresponding drop in assets suggest a need for careful financial management moving forward. The consistent reporting of no officer compensation is a strong point for transparency and efficiency, but the sustainability of operations given recent expense increases should be a focus.