Is Center For Life Managementfoundation…

Quick charity verification for Center For Life Managementfoundation (EIN: 205449959)

Strengths

Consistent revenue growth, from $9,448 in 201506 to $193,790 in 202406.
Steady increase in assets, reaching $555,317 in 202406.
0% reported officer compensation across all 13 filings, indicating high efficiency and dedication.
Low liabilities relative to assets, suggesting strong financial management ($26,870 in 202406 vs. $555,317 assets).
Positive net income in most recent filing ($193,790 revenue vs. $136,265 expenses in 202406).

Spending Breakdown

How Center For Life Managementfoundation allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Center For Life Managementfoundation

Is Center For Life Managementfoundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Center For Life Managementfoundation (EIN: 205449959) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is Center For Life Managementfoundation a good charity to donate to?

Center For Life Managementfoundation has a Mission Score of 90/100. Revenue: $421K. Assets: $841K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Center For Life Managementfoundation?

The Employer Identification Number (EIN) for Center For Life Managementfoundation is 205449959. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Center For Life Managementfoundation spend its money?

Center For Life Managementfoundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Center For Life Managementfoundation's tax-exempt status?

You can verify Center For Life Managementfoundation's tax-exempt status using EIN 205449959 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Center For Life Managementfoundation demonstrates a generally healthy financial position, with consistent growth in revenue and assets over the past decade. In the latest filing (202406), the organization reported revenue of $193,790 against expenses of $136,265, indicating a surplus. This positive trend is further supported by an increase in assets to $555,317, up from $133,262 in 201506. The organization's liabilities remain relatively low, at $26,870 in 202406, suggesting good financial management and limited debt.

Spending efficiency appears strong, particularly given the reported 0% officer compensation across all filings, which indicates that executive leadership is either unpaid or compensated through other means not reported as officer compensation on the 990. This suggests a high dedication to mission and efficient use of funds. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the consistent surpluses and low liabilities point to effective resource allocation. The organization's transparency is commendable, with 13 filings available, demonstrating a consistent commitment to public disclosure.

Overall, the Center For Life Managementfoundation appears to be a financially sound and efficiently managed organization. Its consistent growth, low liabilities, and lack of reported officer compensation are positive indicators of its commitment to its mission and responsible stewardship of resources. The organization's financial health has improved significantly, with its latest revenue of $421,062 being substantially higher than its early years.

Is Center For Life Managementfoundation Legit?

Verdict: Center For Life Managementfoundation appears trustworthy

Red Flags