Quick charity verification for Living Well Foundation (EIN: 201960717)
Verdict: Living Well Foundation shows mixed signals
60/100Mission Score
$12KRevenue
$276Assets
2Red Flags
3Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) in multiple periods (e.g., 2022, 2020, 2015, 2013, 2011).
Extremely low and sometimes negative asset base (e.g., $276 in latest period, $-2,222 in 2011), indicating a lack of financial reserves.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
Regular filing of IRS Form 990s over nine periods, demonstrating a commitment to basic transparency.
Low liabilities, suggesting the organization is not accumulating significant debt despite financial fluctuations.
Spending Breakdown
How Living Well Foundation 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 Living Well Foundation
Is Living Well Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Living Well Foundation (EIN: 201960717) shows mixed signals. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.
Is Living Well Foundation a good charity to donate to?
Living Well Foundation has a Mission Score of 60/100. Revenue: $12K. Assets: $276. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Living Well Foundation?
The Employer Identification Number (EIN) for Living Well Foundation is 201960717. 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 Well Foundation spend its money?
Living Well Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Living Well Foundation's tax-exempt status?
You can verify Living Well Foundation's tax-exempt status using EIN 201960717 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
The Living Well Foundation operates on a very small scale, with its latest reported revenue at $12,450 and assets at $276. Historically, the organization has shown fluctuating financial health, often reporting expenses exceeding revenue, such as in 2022 where expenses were $14,086 against $14,000 in revenue, and significantly in 2013 with $55,548 in expenses against $46,250 in revenue. This consistent trend of spending more than it earns suggests potential challenges in maintaining long-term financial stability without significant changes in funding or expenditure management. The organization's assets have also been minimal, sometimes even negative, indicating a lack of substantial reserves.
Given the available data, specific details on spending efficiency (program vs. administrative costs) are not explicitly broken down in the provided summary, making a precise assessment difficult. However, the consistent reporting of zero officer compensation across all filings suggests a volunteer-driven or very lean operational model, which can be a positive indicator of resource allocation towards its mission. The organization's consistent filing of IRS Form 990s over nine periods demonstrates a commitment to basic transparency requirements, despite its small size and financial fluctuations.