AI Transparency Report
Windsor Improvement Corporation demonstrates consistent financial health with a strong asset base relative to its annual expenses. Over the past five years, assets have grown significantly from $275,626 in 2019 to $1,413,460 in 2023, indicating effective asset management and potentially successful capital campaigns or investment growth. The organization consistently operates with a surplus, as seen in 2023 where revenue of $286,673 exceeded expenses of $231,421. This financial stability suggests a well-managed operation capable of sustaining its programs.
Spending efficiency appears robust, with no reported officer compensation across all available filings, which is a strong indicator of resources being directed towards the mission rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation implies a lean operational structure. The organization's revenue has shown some volatility, with a significant spike in 2020 ($920,705) and 2021 ($293,418) compared to other years, which could be due to specific grants or projects. However, expenses have remained relatively stable, demonstrating good cost control.
Transparency is high regarding executive compensation, as zero officer compensation is reported. The consistent filing of IRS Form 990s over 12 periods further enhances transparency, allowing public scrutiny of its financial activities. The growth in assets and consistent operational surpluses, combined with no executive compensation, paints a picture of a financially sound and mission-focused organization.