Is Lincolnhealth Legit?

Lincolnhealth demonstrates a generally stable financial position with consistent revenue growth from 2013 to 2017, peaking at $86,022,707 in 2017. The organization consistently maintained positive net assets, reaching $52,634,073 in 2017 ($80,333,481 assets minus $27,699,408 liabilities), indicating a healthy balance sheet. However, the latest reported revenue of $22,693,463 is significantly lower than previous years, and the reported $0 in assets for the latest period is a critical data point that requires further investigation to understand if it's an anomaly or a significant change in the organization's structure or reporting. The consistent reporting of 0% officer compensation across all available filings suggests either a highly unusual compensation structure or a potential reporting gap, which could impact transparency assessment. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the organization generally operated with a surplus, with revenues exceeding expenses in most years, indicating sound financial management. For instance, in 2017, revenue exceeded expenses by over $6.6 million. The lack of detailed expense categorization in the provided data limits a precise evaluation of how efficiently funds are allocated to direct programs versus overhead. The absence of officer compensation data also makes it challenging to evaluate executive spending. Transparency is a mixed bag. The availability of multiple IRS 990 filings is a positive sign of public disclosure. However, the consistent 0% officer compensation reported across all filings, especially for an organization with tens of millions in revenue and expenses, raises questions about the completeness or accuracy of this specific data point. Furthermore, the stark discrepancy between the latest reported revenue and assets compared to historical data warrants clarification for full transparency. Without a clear NTEE code, understanding the organization's specific mission and how well it aligns with its spending is also challenging.