Is Sunbelt Health & Rehab Centerapopka Inc Legit?

Sunbelt Health & Rehab Centerapopka Inc. demonstrates a consistent operational pattern over the past decade, with annual revenues and expenses typically in the $12-15 million range. A notable trend is that expenses have frequently exceeded revenues in recent years, such as in 2022 where expenses were $15,002,856 against revenues of $13,366,081, indicating an operating deficit. This pattern of spending more than it earns could raise concerns about long-term financial sustainability if not addressed by drawing on reserves or increasing revenue streams. The organization's assets have shown growth over the decade, from $9,412,926 in 2013 to $12,592,896 in 2022, although there was a dip from a high of $17,191,378 in 2020. Liabilities have also fluctuated, showing a significant increase in recent years, reaching $6,526,111 in 2022, which is a substantial portion of its assets. The consistent reporting of 0% officer compensation across all filings suggests either a volunteer leadership structure or that compensation is reported under other expense categories, which could impact transparency regarding executive pay.