Is Windswept Academy Legit?

Windswept Academy demonstrates a generally stable financial history, though the most recent filing (202306) shows a significant deficit where expenses ($566,317) exceeded revenue ($357,073) by over $200,000. This contrasts with prior years like 202206 and 202106 where revenue comfortably exceeded expenses. The organization maintains a healthy asset base, with assets consistently over $900,000 in recent years, reaching $1,013,149 in 202306, which provides a buffer against short-term deficits. Liabilities have remained very low across all reported periods, indicating good financial management in terms of debt. The organization's transparency is strong, particularly with 12 years of consistent IRS 990 filings and zero reported officer compensation across all periods, which suggests resources are directed towards the mission rather than executive salaries. While specific program spending percentages are not provided in the raw data, the absence of officer compensation is a positive indicator for donor confidence. The recent deficit warrants closer examination to understand if it's a one-off event or a trend, but the overall financial health appears robust due to substantial assets and minimal liabilities. To fully assess spending efficiency, a detailed breakdown of program, administrative, and fundraising expenses would be necessary. However, the consistent filing history and the lack of executive compensation are strong indicators of a commitment to transparency and efficient use of funds, at least at the leadership level. The organization's ability to maintain significant assets despite fluctuating revenues suggests prudent financial stewardship over the long term.