Is Knoll Shared Housing Inc Legit?

Knoll Shared Housing Inc. appears to be in a precarious financial position, consistently operating at a significant deficit over the past five years. For example, in 2015, the organization reported revenues of $71,835 against expenses of $126,303, indicating a net loss of over $54,000. This trend of expenses far exceeding revenue is consistent across all available filings, leading to a negative net asset position where liabilities consistently outweigh assets. In 2015, liabilities were $1,461,619 compared to assets of $997,439. The organization's financial health is further complicated by its current status of reporting $0 in both revenue and assets, which suggests either a significant operational change, dormancy, or potential dissolution. The consistent operational losses over the years, coupled with a negative equity position, raise serious concerns about its long-term sustainability and ability to fulfill its mission. Without more detailed expense breakdowns, it's difficult to assess spending efficiency beyond the overall deficit.