Is Wahset Legit?

Wahset demonstrates a generally stable financial position with consistent asset growth over the past decade, increasing from $83,972 in 2011 to $372,133 in 2022. The organization's revenue has fluctuated, with a notable peak in 2019 ($143,006) and a significant dip in 2020 ($1,854), followed by recovery. In the most recent period (202208), Wahset reported expenses exceeding revenue ($127,453 vs. $99,884), indicating a deficit for that year. However, the overall trend shows the organization maintaining a healthy asset base relative to its operational scale. Spending efficiency appears to be a mixed bag. While the organization has consistently reported zero officer compensation, which can be a positive indicator of resource allocation towards mission, the 2022 deficit suggests a need for closer monitoring of expense management relative to incoming funds. The consistent reporting of minimal liabilities ($1 in recent years) indicates strong financial control and low debt burden, contributing positively to its financial health. Transparency is generally good, with a consistent filing history of 990 forms. The absence of officer compensation across all reported periods enhances trust, as it suggests that all funds are directed towards the organization's mission rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging.