AI Transparency Report
YWAM Pneuma Springs demonstrates a generally healthy financial position, marked by significant asset growth and a strong program spending ratio. In the latest filing (202409), the organization reported revenue of $1,775,678 against expenses of $620,706, indicating a substantial surplus that contributes to its growing assets, which reached $4,416,904. This trend of revenue exceeding expenses is a positive indicator of financial stability, especially when compared to earlier periods where expenses often outpaced revenue. The organization's consistent reporting of 0% officer compensation across all filings suggests a commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust.
The organization's spending efficiency appears robust, with a high percentage of expenses dedicated to program services. While specific breakdowns for administrative and fundraising costs are not provided in the summary data, the absence of officer compensation implies a lean operational structure. The significant increase in assets from $2,436,091 in 202209 to $4,416,904 in 202409, alongside relatively low liabilities, further solidifies its financial health. This growth in assets, coupled with a history of consistent filings, points to a well-managed and financially stable nonprofit.