Is Long Foundation Legit?

The Long Foundation, operating in Hobe Sound, FL, exhibits a fluctuating financial profile over the past decade. While its latest reported revenue is $269,264 and assets stand at $990,262, the organization has frequently operated with expenses exceeding revenue, particularly in recent years. For instance, in 2023, expenses were $227,167 against revenues of $203,247, and in 2022, expenses of $187,086 significantly outstripped revenue of $14,807. This consistent deficit spending, without significant revenue growth to offset it, raises questions about long-term sustainability, especially given the decline in assets from a peak of $1,451,031 in 2019 to $990,262 currently. The foundation's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the consistent operating deficits suggest that the organization is either drawing down its asset base or relying on unpredictable future contributions. The absence of reported officer compensation across all filings indicates a potential strength in minimizing overhead related to executive salaries, which is positive for donor confidence. In terms of transparency, the consistent filing of IRS Form 990s over a decade is a positive indicator. However, the lack of specific program details in the provided financial summary makes it challenging to fully evaluate the impact and focus of its mission-related spending. The organization's financial health appears to be in a period of contraction, with declining assets and recurring operational deficits, which warrants closer scrutiny for potential donors.