Is American Eagle Lifecare Corporation Legit?

Quick charity verification for American Eagle Lifecare Corporation (EIN: 10706736)

Verdict: American Eagle Lifecare Corporation shows mixed signals

65/100Mission Score
$84.9MRevenue
$258.7MAssets
4Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

American Eagle Lifecare Corporation has experienced fluctuating financial performance over the past several years. In the latest reported period (202312), the organization reported revenue of $70,184,128 against expenses of $79,483,923, indicating an operating deficit. This trend of expenses exceeding revenue has been consistent in recent years, including 202212 ($65,872,617 revenue vs. $87,295,736 expenses) and 202112 ($57,418,152 revenue vs. $73,399,530 expenses). While the organization maintains substantial assets ($271,614,085 in 202312), its liabilities are also very high ($271,265,640 in 202312), resulting in a very thin net asset position. This suggests a reliance on debt or other non-equity financing. The consistent reporting of 0% officer compensation across all available filings is a positive indicator for transparency regarding executive pay. However, the persistent operating deficits warrant closer examination of their financial sustainability.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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