Is Stillpoint Foundation Legit?

Stillpoint Foundation demonstrates a consistent operational history, with 9 filings available, indicating a commitment to regular financial reporting. However, its financial health shows some volatility. In the most recent period (202008), the organization reported revenue of $46,034 against expenses of $61,106, resulting in a deficit. This follows a trend where expenses have frequently exceeded revenue, such as in 201808 ($103,570 revenue vs. $106,298 expenses) and 201508 ($82,325 revenue vs. $85,525 expenses). The organization's assets have also significantly decreased from a high of $58,261 in 201408 to $3,438 in 202008, while liabilities have remained relatively low, at $176 in 202008. The spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all periods suggests a lean operational structure at the leadership level, which is a positive indicator for donor confidence regarding executive pay. The organization's transparency is good in terms of filing history, but the lack of detailed expense allocation in the provided data limits a deeper analysis of how funds are utilized across its mission areas. The significant drop in assets and recurring deficits warrant closer examination.