70 X7 Life Recovery
70 X7 Life Recovery frequently operates at a deficit despite over $1M in annual revenue, with no reported officer compensation.
EIN: 208857935 · Holland, MI · NTEE: F332 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $190K |
| Transparency Score | 75/100 |
Is 70 X7 Life Recovery Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
70 X7 Life Recovery directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 70 X7 Life Recovery
70 X7 Life Recovery (EIN: 208857935) is a nonprofit organization based in Holland, MI, classified under NTEE code F332. The organization reported total revenue of $1.1M and total assets of $908K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 70 X7 Life Recovery's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
70 X7 Life Recovery is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-191,757 |
| Total Assets | $461K |
| Total Liabilities | $271K |
| Net Assets | $190K |
| Operating Margin | -16.5% |
| Debt-to-Asset Ratio | 58.8% |
| Months of Reserves | 4.1 months |
Financial Health Grade: C
In 2023, 70 X7 Life Recovery reported a deficit of $192K with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 58.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), 70 X7 Life Recovery's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.7% | -17.3% | +1.4% |
| 2022 | -26.5% | +33.0% | -43.3% |
| 2021 | +53.9% | -1.7% | +53.4% |
| 2020 | -36.1% | -18.9% | -1.9% |
| 2019 | -6.2% | -15.2% | +43.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 70 X7 Life Recovery with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, 70 X7 Life Recovery allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $192K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.8%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization with over $1 million in annual revenue and suggests a volunteer-led or very lean leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of 70 X7 Life Recovery's IRS 990 filings:
- Recurring operational deficits (e.g., $191,757 in 2023, $405,703 in 2022) indicate expenses frequently exceed revenue.
- Significant fluctuations in revenue and expenses year-over-year, making financial planning and stability challenging.
- Liabilities increased significantly in 2023 to $271,441, up from $73,277 in 2022, which warrants further investigation.
Strengths
The following positive indicators were identified for 70 X7 Life Recovery:
- Consistent reporting of 0% officer compensation, indicating resources are not used for executive salaries.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance.
- Assets have generally grown over time, reaching $908,329 in the latest period, providing some financial cushion.
Frequently Asked Questions about 70 X7 Life Recovery
Is 70 X7 Life Recovery a legitimate charity?
70 X7 Life Recovery (EIN: 208857935) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does 70 X7 Life Recovery spend its money?
70 X7 Life Recovery directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to 70 X7 Life Recovery tax-deductible?
70 X7 Life Recovery is registered as a tax-exempt nonprofit (EIN: 208857935). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the 70 X7 Life Recovery CEO make?
70 X7 Life Recovery's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of 70 X7 Life Recovery's spending goes to programs?
70 X7 Life Recovery directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does 70 X7 Life Recovery compare to similar nonprofits?
With a transparency score of 75/100 (Good), 70 X7 Life Recovery is above average for NTEE category F332 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 70 X7 Life Recovery located?
70 X7 Life Recovery is headquartered in Holland, Michigan and files with the IRS under EIN 208857935. It is classified under NTEE code F332.
How many years of IRS 990 filings does 70 X7 Life Recovery have?
70 X7 Life Recovery has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
Is 70 X7 Life Recovery financially sustainable given its recurring deficits?
The organization has reported expenses exceeding revenue in multiple recent periods (e.g., $191,757 deficit in 2023, $405,703 deficit in 2022), which raises concerns about long-term financial sustainability if this trend continues without significant reserve funds or new revenue streams.
How does 70 X7 Life Recovery manage without officer compensation?
The consistent 0% officer compensation suggests that leadership roles may be filled by volunteers, or compensated through other means not classified as officer compensation, or that the organization operates with a very lean, non-salaried executive structure. This is highly unusual for an organization of its size.
What is the primary source of 70 X7 Life Recovery's revenue?
The provided data does not specify the primary sources of revenue (e.g., grants, donations, program service fees). Further investigation into the full 990 forms would be needed to determine this.
Filing History
IRS 990 filing history for 70 X7 Life Recovery showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), 70 X7 Life Recovery's revenue has grown by 6.3%, moving from $1.1M to $1.2M. Total assets increased by 112.9% over the same period, from $217K to $461K. Total functional expenses rose by 32.9%, from $1.0M to $1.4M. In its most recent filing year (2023), 70 X7 Life Recovery reported a deficit of $192K, with expenses exceeding revenue. The organization holds $271K in liabilities against $461K in assets (debt-to-asset ratio: 58.8%), resulting in net assets of $190K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.4M | $461K | $271K | — | — |
| 2022 | $1.2M | $1.6M | $455K | $73K | — | View 990 |
| 2021 | $1.7M | $1.2M | $803K | $16K | — | View 990 |
| 2020 | $1.1M | $1.3M | $524K | $181K | — | View 990 |
| 2019 | $1.7M | $1.5M | $534K | $28K | — | View 990 |
| 2018 | $1.8M | $1.8M | $373K | $27K | — | View 990 |
| 2017 | $2.2M | $2.2M | $418K | $68K | — | View 990 |
| 2016 | $61K | $29K | $48K | $2K | — | — |
| 2015 | $2.1M | $1.8M | $565K | $49K | — | View 990 |
| 2014 | $1.2M | $1.2M | $263K | $44K | — | View 990 |
| 2013 | $1.1M | $1.1M | $229K | $30K | — | View 990 |
| 2012 | $871K | $886K | $213K | $27K | — | View 990 |
| 2011 | $1.1M | $1.0M | $217K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.4M, and assets of $461K (revenue -5.7% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.6M, and assets of $455K (revenue -26.5% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.2M, and assets of $803K (revenue +53.9% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.3M, and assets of $524K (revenue -36.1% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.5M, and assets of $534K (revenue -6.2% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.8M, and assets of $373K (revenue -16.4% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $418K (revenue +3449.1% year-over-year).
- 2016: Revenue of $61K, expenses of $29K, and assets of $48K (revenue -97.1% year-over-year).
- 2015: Revenue of $2.1M, expenses of $1.8M, and assets of $565K (revenue +71.6% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $263K (revenue +13.1% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $229K (revenue +24.5% year-over-year).
- 2012: Revenue of $871K, expenses of $886K, and assets of $213K (revenue -20.3% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.0M, and assets of $217K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 70 X7 Life Recovery:
Data Sources and Methodology
This transparency report for 70 X7 Life Recovery is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.