AI Transparency Report
Washington Drug & Alcohol Commission Inc demonstrates consistent financial activity, with revenues and expenses generally tracking closely over the past decade. In the latest period (202306), the organization reported revenues of $3,895,769 against expenses of $3,821,577, indicating a slight surplus. The organization's assets have shown significant growth, particularly between 202206 ($1,131,444) and 202306 ($2,517,131), while liabilities also increased substantially from $415,632 to $1,727,129 in the same period. This suggests potential investments or changes in financial structure that warrant further investigation.
The organization appears to be financially stable, consistently managing its expenses within its revenue streams. A notable aspect is the reported 0% officer compensation across all available filings, which could indicate that executive leadership is either volunteer-based, compensated through other means not reported as officer compensation, or that the organization's structure does not include traditional 'officer' roles with reportable compensation. This lack of reported executive compensation, while potentially positive for resource allocation, could also raise questions about the transparency of leadership remuneration if it exists in other forms. The substantial increase in both assets and liabilities in the most recent period suggests a significant financial event or strategic shift.