Quick charity verification for Lift For Life Gym (EIN: 208185890)
Verdict: Lift For Life Gym appears trustworthy
92/100Mission Score
$808KRevenue
$980KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth (from $491,288 in 2019 to $888,123 in 2023)
Strong asset growth (from $360,816 in 2019 to $1,047,035 in 2023)
No reported officer compensation, indicating very lean executive overhead
Healthy financial position with manageable liabilities relative to assets
Positive net income in recent years (e.g., $128,977 in 2023: $888,123 revenue - $759,146 expenses)
Spending Breakdown
How Lift For Life Gym allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Lift For Life Gym
Is Lift For Life Gym a legitimate charity?
Based on AI analysis of IRS 990 filings, Lift For Life Gym (EIN: 208185890) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Lift For Life Gym a good charity to donate to?
Lift For Life Gym has a Mission Score of 92/100. Revenue: $808K. Assets: $980K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lift For Life Gym?
The Employer Identification Number (EIN) for Lift For Life Gym is 208185890. 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 Lift For Life Gym spend its money?
Lift For Life Gym allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lift For Life Gym's tax-exempt status?
You can verify Lift For Life Gym's tax-exempt status using EIN 208185890 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
Lift For Life Gym demonstrates strong financial health and a commendable commitment to its program services. Over the past five years, the organization has shown consistent growth in revenue, increasing from $491,288 in 2019 to $888,123 in 2023, indicating growing support and operational capacity. Their assets have also steadily grown, reaching $1,047,035 in 2023, providing a solid financial foundation. The organization consistently spends a high percentage of its expenses directly on programs, which is a positive indicator of efficiency.
The organization's transparency is excellent, particularly given its consistent reporting of 0% officer compensation across all available filings. This suggests that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual and merits further inquiry but generally points to a lean administrative structure. Their liabilities have remained manageable relative to their assets, with a liability-to-asset ratio of approximately 17% in 2023 ($178,013 liabilities / $1,047,035 assets), indicating good financial stewardship. Overall, Lift For Life Gym appears to be a well-managed and financially sound nonprofit.