Is Lewiston Auburn Childrens Home Legit?

Lewiston Auburn Childrens Home appears to be in a challenging financial position, consistently spending significantly more than it generates in revenue. For instance, in 2023, the organization reported revenue of $4,463 against expenses of $28,944, indicating a substantial deficit. This trend of negative net income has been consistent across multiple years, leading to a steady decline in assets from $366,297 in 2011 to $129,710 in 2023. While the organization reports no officer compensation, which suggests good stewardship in that area, the overall financial sustainability is a major concern. The organization's financial health is further complicated by its declining asset base, which has shrunk by over 60% in the last decade. The consistent operational deficits raise questions about how these deficits are being covered and the long-term viability of the organization. Without more detailed expense breakdowns, it's difficult to fully assess spending efficiency beyond the overall revenue-to-expense ratio, which is unfavorable. The lack of reported liabilities is a positive, but it doesn't offset the significant and ongoing operational losses.