Is Lifestyle Medicine Foundation Legit? —…

Quick charity verification for Lifestyle Medicine Foundation (EIN: 10932751)

Strengths

Strong recent revenue growth, from $506,262 in 2022 to $1,150,189 in 2023.
Consistent reporting of zero liabilities across most recent filings, indicating strong financial stability.
Significant asset growth from $362,577 in 2022 to $721,853 in 2023.
Zero reported officer compensation across all filings, suggesting a high dedication to mission-focused spending or volunteer leadership.
Positive net income in 2023 ($1,150,189 revenue vs. $807,546 expenses), demonstrating effective financial management.

Spending Breakdown

How Lifestyle Medicine Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Lifestyle Medicine Foundation

Is Lifestyle Medicine Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Lifestyle Medicine Foundation (EIN: 10932751) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Lifestyle Medicine Foundation a good charity to donate to?

Lifestyle Medicine Foundation has a Mission Score of 92/100. Revenue: $1.5M. Assets: $501K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lifestyle Medicine Foundation?

The Employer Identification Number (EIN) for Lifestyle Medicine Foundation is 10932751. 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 Lifestyle Medicine Foundation spend its money?

Lifestyle Medicine Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lifestyle Medicine Foundation's tax-exempt status?

You can verify Lifestyle Medicine Foundation's tax-exempt status using EIN 10932751 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 Lifestyle Medicine Foundation demonstrates a generally healthy financial trajectory, with significant revenue growth observed in recent years, particularly from $506,262 in 2022 to $1,150,189 in 2023. This growth is accompanied by a positive net income in 2023 ($1,150,189 revenue vs. $807,546 expenses), indicating sound financial management. The organization consistently reports zero liabilities across most recent filings and zero officer compensation, which speaks to a strong commitment to directing funds towards its mission and high transparency regarding executive pay.

Spending efficiency appears strong, especially in 2023 where expenses were well below revenue. However, there was a period in 2022 where expenses ($599,867) exceeded revenue ($506,262), leading to a decrease in assets. The substantial increase in assets from $362,577 in 2022 to $721,853 in 2023, coupled with zero liabilities, indicates a robust financial position and effective asset management. The consistent reporting of zero officer compensation across all available filings is a significant positive indicator of transparency and a focus on mission-related spending.

Overall, the Lifestyle Medicine Foundation exhibits strong financial health, particularly in its recent performance. Its consistent reporting of zero liabilities and officer compensation suggests a high degree of financial transparency and a dedication to efficient resource allocation. The organization's ability to significantly grow revenue and assets while maintaining low liabilities positions it well for future program delivery.

Is Lifestyle Medicine Foundation Legit?

Verdict: Lifestyle Medicine Foundation appears trustworthy

Red Flags