Is Living Well Foundation Legit?

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

Strengths

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.

View Full Transparency Report →

Disclaimer

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

Related Pages