AI Transparency Report
Woodbridge Aquatic Club Inc. demonstrates a generally stable financial history, with revenues and expenses fluctuating but often balancing out over the past decade. For instance, in 2023, the organization reported revenues of $135,760 against expenses of $114,850, indicating a surplus. However, there have been periods of deficit, such as in 2021 where expenses significantly outpaced revenue ($140,111 vs. $69,095). The organization consistently reports zero liabilities and zero officer compensation, which speaks to a lean operational structure and a commitment to volunteer leadership. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the absence of officer compensation suggests a high degree of volunteerism, which can contribute to spending efficiency. The organization's assets have fluctuated, showing a recent increase from $25,732 in 2022 to $46,642 in 2023, indicating some financial rebuilding. The lack of reported liabilities across all filings is a strong indicator of financial prudence and stability.