Quick charity verification for Lifelinx Corporation (EIN: 10851113)
Verdict: Lifelinx Corporation shows mixed signals
45/100Mission Score
$107KRevenue
$917KAssets
4Red Flags
2Strengths
Red Flags
Consistent operational deficits (8 out of 10 years)
Liabilities consistently exceed assets, indicating negative net assets
Significant revenue decline from $224,571 in 2020 to $106,870 in 2021
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
No reported officer compensation, potentially indicating volunteer leadership
Long history of IRS 990 filings (11 filings), suggesting compliance with reporting requirements
Spending Breakdown
How Lifelinx Corporation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Lifelinx Corporation
Is Lifelinx Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lifelinx Corporation (EIN: 10851113) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Lifelinx Corporation a good charity to donate to?
Lifelinx Corporation has a Mission Score of 45/100. Revenue: $107K. Assets: $917K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lifelinx Corporation?
The Employer Identification Number (EIN) for Lifelinx Corporation is 10851113. 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 Lifelinx Corporation spend its money?
Lifelinx Corporation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lifelinx Corporation's tax-exempt status?
You can verify Lifelinx Corporation's tax-exempt status using EIN 10851113 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
Lifelinx Corporation exhibits a concerning financial trend, with expenses consistently exceeding revenue in most recent years. In 2021, the organization reported revenue of $106,870 against expenses of $117,789, resulting in a deficit. This pattern of operating at a loss is evident in 8 out of the last 10 reported periods, indicating potential long-term sustainability challenges. While the organization's assets of $916,925 in 2021 are substantial relative to its revenue, its liabilities of $988,554 exceed its assets, suggesting a precarious financial position.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational deficits raise questions about the effective allocation of resources. The absence of reported officer compensation across all periods suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which could impact transparency. Given the consistent deficits and negative net assets, a deeper dive into their operational spending is warranted to understand if resources are being used efficiently towards their mission.