AI Transparency Report
Woodland Financial Partners Inc demonstrates a highly variable financial performance over the past decade, with a significant surge in revenue and assets in its latest filing period (202312). The organization reported an impressive revenue of $2,731,167 against expenses of $720,277 in 2023, leading to a substantial increase in assets to $2,677,139. This marks a dramatic shift from previous years where revenues were often lower than expenses, such as in 2019 ($90,447 revenue vs. $125,631 expenses) or 2016 ($22,029 revenue vs. $120,884 expenses). The consistent reporting of 0% officer compensation across all filings indicates strong financial transparency regarding executive pay and a commitment to directing funds towards the organization's mission rather than high salaries. The organization's ability to manage liabilities, which have remained relatively low compared to assets, further suggests prudent financial management. The significant growth in the latest period warrants closer examination to understand the drivers behind this change and ensure sustainability.