Is Cafe Lena Inc Legit?

Cafe Lena Inc demonstrates strong financial health and efficient spending, particularly in recent years. The organization has consistently grown its revenue, from $353,398 in 2013 to $1,614,458 in 2023, indicating robust fundraising and program success. Its asset base has also expanded significantly, reaching $2,551,165 in 2023, far exceeding its liabilities of $65,855, which suggests a very healthy balance sheet and strong financial reserves. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. The organization's spending efficiency appears high, with expenses generally well below revenue, allowing for asset growth. For instance, in 2023, expenses were $1,518,154 against revenues of $1,614,458, leaving a surplus. The absence of reported officer compensation further reinforces the impression of efficient resource allocation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests a well-managed and financially stable nonprofit.