Revenue has shown a declining trend from $21,975,503 in 2021 to $15,969,469 in 2023, warranting further investigation into the causes and mitigation strategies.
The significant increase in liabilities from $12,283,961 in 2021 to $50,840,388 in 2023, while assets also grew, should be examined to understand the nature of these liabilities and their long-term implications.
Strengths
Consistent growth in total assets from $12,840,536 in 2017 to $55,251,010 in 2023 demonstrates strong financial management and capacity building.
The organization has maintained a positive net asset position throughout the reported period, indicating financial stability.
Expenditures have consistently been close to revenue, suggesting efficient use of funds for operations and programs.
Spending Breakdown
How Livewell Alliance 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 Livewell Alliance Inc
Is Livewell Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Livewell Alliance Inc (EIN: 223068632) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Livewell Alliance Inc a good charity to donate to?
Livewell Alliance Inc has a Mission Score of 75/100. Revenue: $15.2M. Assets: $74.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Livewell Alliance Inc?
The Employer Identification Number (EIN) for Livewell Alliance Inc is 223068632. 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 Livewell Alliance Inc spend its money?
Livewell Alliance Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Livewell Alliance Inc's tax-exempt status?
You can verify Livewell Alliance Inc's tax-exempt status using EIN 223068632 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
Livewell Alliance Inc is a unknown nonprofit based in Plantsville, Connecticut, with reported revenue of $15.2M and assets of $74.9M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. • Financial statements are readily available on their website, providing detailed breakdowns of revenue and expenses.
• The organization clearly outlines its program services and impact metrics in its annual reports.
• Executive compensation details are disclosed in their IRS Form 990 filings. Executive compensation appears reasonable given the organization's size and complexity, with the CEO's reported compensation of $350,000 in the most recent filing being within industry benchmarks for a nonprofit of this revenue scale. Revenue has remained stable +1% across 13 filing periods.