Is Womenade Of Greater Squamscott Legit?

Womenade Of Greater Squamscott demonstrates consistent financial health, maintaining a strong asset base relative to its annual revenue. For example, in 2023, assets were $405,722 against revenues of $91,693, indicating a healthy reserve. The organization consistently reports zero liabilities, which is a significant strength, suggesting sound financial management and no reliance on debt. While the latest filing (2023) shows expenses ($110,061) exceeding revenue ($91,693), this appears to be an anomaly in their recent history, as previous years generally show revenues exceeding expenses, contributing to asset growth. The absence of officer compensation across all reported periods indicates a volunteer-driven leadership, which can maximize funds available for programs. This practice also enhances transparency and trust, as donor funds are not diverted to executive salaries.