Is Retreat Inc Legit?

Retreat Inc demonstrates a generally stable financial position with consistent revenue growth over the past decade, increasing from $3.7 million in 2014 to $5.9 million in 2023. The organization consistently operates with a positive net income, as seen in 2023 where revenue of $5,913,400 exceeded expenses of $5,812,875. This indicates sound financial management and an ability to cover operational costs. Their asset base has also shown healthy growth, nearly tripling from $1.7 million in 2014 to $4.9 million in 2023, suggesting prudent accumulation of resources. Regarding spending efficiency, without a detailed functional expense breakdown, it's challenging to precisely determine program, administrative, and fundraising ratios. However, the consistent positive net income suggests that the organization is not overspending. A notable aspect of their financial reporting is the consistent disclosure of 0% officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven or very modestly compensated leadership structure. Overall, Retreat Inc appears to be a financially healthy and transparent organization. Their steady growth, positive operating margins, increasing assets, and zero reported officer compensation contribute to a positive assessment of their financial stewardship. Further analysis would benefit from a detailed breakdown of their functional expenses to fully assess spending efficiency across program, administrative, and fundraising categories.