AI Transparency Report
Westbrook Seals demonstrates consistent financial activity, with revenues and expenses generally balanced over the past decade. In the latest filing (Period 202408), the organization reported revenues of $218,695 against expenses of $226,688, indicating a slight operational deficit for that period. However, looking at the broader trend, the organization has managed to maintain positive net assets, growing from $8,828 in 2018 to $71,684 in 2024, suggesting prudent financial management over time. The absence of reported officer compensation across all filings indicates a volunteer-driven leadership structure, which can contribute to lower administrative costs and a higher proportion of funds directed towards programs. The organization's assets have shown healthy growth, reaching $83,296 in the latest available data, providing a solid financial foundation relative to its annual revenue.