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.