Quick charity verification for Liveonny Inc (EIN: 132945229)
Verdict: Liveonny Inc appears trustworthy
90/100Mission Score
$93.3MRevenue
$76.9MAssets
1Red Flags
4Strengths
Red Flags
Significant increase in liabilities from $4.4 million in 2014 to $47.9 million in 2023, warranting further investigation into their nature.
Strengths
Consistent and substantial revenue growth over the past decade, from $32.9 million in 2014 to $81.6 million in 2023.
Zero reported officer compensation across all filings, indicating a strong commitment to program spending efficiency.
Significant asset accumulation, growing from $27 million in 2014 to $79.8 million in 2023, providing a strong financial base.
Consistent filing history (13 filings) demonstrating transparency and compliance.
Spending Breakdown
How Liveonny Inc 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 Liveonny Inc
Is Liveonny Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Liveonny Inc (EIN: 132945229) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Liveonny Inc a good charity to donate to?
Liveonny Inc has a Mission Score of 90/100. Revenue: $93.3M. Assets: $76.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Liveonny Inc?
The Employer Identification Number (EIN) for Liveonny Inc is 132945229. 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 Liveonny Inc spend its money?
Liveonny Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Liveonny Inc's tax-exempt status?
You can verify Liveonny Inc's tax-exempt status using EIN 132945229 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
Liveonny Inc demonstrates significant growth in revenue and assets over the past decade, with revenue increasing from $32.9 million in 2014 to $81.6 million in 2023. The organization consistently reports zero officer compensation, which is a notable aspect of its financial transparency and operational model. While the latest filing shows expenses slightly exceeding revenue ($83.6 million vs. $81.6 million in 2023), this is not a consistent trend, as many prior years showed a surplus. The organization's assets have grown substantially, reaching $79.8 million in 2023, indicating a strong financial base.
The organization's spending efficiency appears to be well-managed, given its consistent operational scale and growth without incurring executive compensation costs. The liabilities have also increased significantly alongside assets, from $4.4 million in 2014 to $47.9 million in 2023, which warrants further investigation to understand the nature of these liabilities and their impact on long-term financial health. However, the asset-to-liability ratio remains healthy, suggesting good financial solvency.
Overall, Liveonny Inc appears to be a financially robust organization with a strong growth trajectory and a commitment to minimizing administrative overhead by not compensating officers. Its consistent filing history and the absence of officer compensation contribute positively to its transparency profile. The substantial growth in both revenue and assets, coupled with a generally balanced expense profile, suggests effective financial management.