Is Pneuma Winds Of Hope Inc Legit?

Pneuma Winds Of Hope Inc exhibits concerning financial trends based on its IRS 990 filings. In the most recent period (202212), the organization reported expenses of $349,005 against revenues of $238,882, indicating a significant operating deficit. This trend of expenses exceeding revenue is consistent across multiple recent years, including 202112 ($269,700 expenses vs. $168,096 revenue) and 202012 ($188,203 expenses vs. $130,063 revenue). The organization's liabilities have also grown substantially, reaching $430,024 in 202212, surpassing its assets of $377,386. This negative net asset position suggests potential financial instability. While the organization reports 0% officer compensation, which can be a positive for transparency, the consistent operating deficits and increasing liabilities raise questions about its long-term financial sustainability and efficiency in managing its resources.