How Living Waters Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Living Waters Inc
Is Living Waters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Living Waters Inc (EIN: 200372534) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Living Waters Inc a good charity to donate to?
Living Waters Inc has a Mission Score of 92/100. Revenue: $224K. Assets: $155K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Living Waters Inc?
The Employer Identification Number (EIN) for Living Waters Inc is 200372534. 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 Living Waters Inc spend its money?
Living Waters Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Living Waters Inc's tax-exempt status?
You can verify Living Waters Inc's tax-exempt status using EIN 200372534 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
Living Waters Inc. demonstrates a consistent pattern of growth in revenue and assets over the past several years, indicating increasing financial capacity. For example, revenue grew from $7,781 in 2018 to $56,936 in 2023, and assets increased from $951 to $24,001 in the same period. The organization consistently reports zero liabilities, suggesting strong financial management and a lack of debt. Their officer compensation has been reported as 0% across all available filings, which points to a volunteer-driven leadership structure and a commitment to directing funds towards their mission rather than executive salaries. This practice significantly enhances their spending efficiency and transparency profile.
While specific program spending ratios are not detailed in the provided summary, the consistent positive net income (revenue exceeding expenses) in recent years (e.g., $4,560 in 2023 and $18,709 in 2022) suggests that the organization is operating sustainably and building reserves. The absence of reported liabilities further reinforces their sound financial standing. The organization's financial health appears robust for its size, with a clear trend of expansion and responsible fiscal management.
Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of key financial metrics. The lack of officer compensation is a significant positive indicator for donors seeking organizations where contributions directly support programmatic activities. Overall, Living Waters Inc. appears to be a financially healthy and transparent small nonprofit.