AI Transparency Report
Western Illinois Works Inc demonstrates consistent financial activity, with revenues and expenses closely matched over the past decade, indicating a stable operational model. For the fiscal period ending June 2023, the organization reported revenues of $2,421,545 against expenses of $2,467,872, resulting in a slight deficit. This trend of near break-even operations is common for organizations primarily funded by grants or government contracts, where spending is often tied directly to available funding. The organization's assets have shown modest growth over time, reaching $435,853 in 2023, suggesting prudent management of resources given its operational scale.
The organization's spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive indicator for donor confidence regarding administrative overhead. While specific program spending percentages are not detailed in the provided summary, the overall financial stability and lack of reported executive compensation suggest a focus on mission delivery.
In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a strong positive. The absence of reported officer compensation, while potentially indicating efficiency, also raises a minor question regarding the full scope of leadership compensation if any, which would typically be detailed in a 990. However, the overall financial picture suggests a well-managed entity with a clear operational focus.