Is Living Solutions Ii Corporation Legit?

Quick charity verification for Living Solutions Ii Corporation (EIN: 208379775)

Verdict: Living Solutions Ii Corporation appears trustworthy

85/100Mission Score
$237KRevenue
$1.6MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Living Solutions Ii Corporation demonstrates consistent financial operations, with revenues generally covering expenses in recent years. For example, in 2023, revenue was $145,178 against expenses of $118,760, indicating a surplus. However, prior to 2022, the organization consistently operated at a deficit, with expenses exceeding revenue, such as in 2021 where expenses were $177,565 against revenues of $141,859. The organization's assets have shown a gradual decline from $1,949,488 in 2014 to $1,557,963 in 2023, which warrants attention, though liabilities remain very low, indicating good financial stability in terms of debt. The consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing funds towards its mission, and the regular filing of IRS 990s indicates good transparency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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