AI Transparency Report
The Westchester County Association Inc. demonstrates a generally stable financial position with consistent revenue generation over the past decade, averaging around $2 million annually. The organization has shown growth in assets, increasing from $361,885 in 2014 to $2,220,030 in 2023, indicating a strengthening balance sheet. While expenses have closely tracked revenue, leading to relatively modest net surpluses or deficits in individual years, the overall trend suggests operational sustainability. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and potentially efficient use of funds, as it suggests that the highest-ranking individuals are not receiving direct compensation from the organization, or that such compensation is not reported in the 'Officer Comp' field on the 990. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging. The organization's liabilities have also increased in proportion to its assets, reaching $1,469,696 in 2023, which warrants monitoring.