Alliance For Lifetime Income
EIN: 823782009 · Washington, DC · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $9.0M |
| Net Assets | $998K |
Is Alliance For Lifetime Income Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alliance For Lifetime Income
Alliance For Lifetime Income (EIN: 823782009) is a nonprofit organization based in Washington, DC, classified under NTEE code S40. The organization reported total revenue of $4.2M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alliance For Lifetime Income's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alliance For Lifetime Income is a mid-size nonprofit that has been operating for 7 years, with 7 years of IRS 990 filings on record (2017–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.7M |
| Total Expenses | $9.0M |
| Surplus / Deficit | $-284,403 |
| Total Assets | $1.8M |
| Total Liabilities | $767K |
| Net Assets | $998K |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 43.5% |
| Months of Reserves | 2.4 months |
Financial Health Grade: C
In 2023, Alliance For Lifetime Income reported a deficit of $284K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 43.5% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.8% | -40.6% | -73.9% |
| 2022 | -23.8% | -25.4% | -11.1% |
| 2021 | -14.2% | -7.3% | -44.6% |
| 2020 | -14.3% | -21.1% | +27.9% |
| 2019 | +4.8% | +10.3% | -37.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alliance For Lifetime Income has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alliance For Lifetime Income with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $284K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.5%.
Frequently Asked Questions about Alliance For Lifetime Income
Is Alliance For Lifetime Income a legitimate charity?
Alliance For Lifetime Income (EIN: 823782009) is a registered tax-exempt nonprofit based in Washington DC. It has 7 years of IRS 990 filings on record. Total revenue: $4.2M. No red flags identified. Financial health grade: C.
How does Alliance For Lifetime Income spend its money?
Alliance For Lifetime Income reported $4.2M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alliance For Lifetime Income tax-deductible?
Alliance For Lifetime Income is registered as a tax-exempt nonprofit (EIN: 823782009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alliance For Lifetime Income located?
Alliance For Lifetime Income is headquartered in Washington, Washington DC and files with the IRS under EIN 823782009. It is classified under NTEE code S40.
How many years of IRS 990 filings does Alliance For Lifetime Income have?
Alliance For Lifetime Income has 7 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 $4.2M in total revenue.
Filing History
IRS 990 filing history for Alliance For Lifetime Income showing financial trends over 7 years of public records:
Total assets increased by 176546800% over the same period, from $1 to $1.8M. Total functional expenses rose by 4134.3%, from $211K to $9.0M. In its most recent filing year (2023), Alliance For Lifetime Income reported a deficit of $284K, with expenses exceeding revenue. The organization holds $767K in liabilities against $1.8M in assets (debt-to-asset ratio: 43.5%), resulting in net assets of $998K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.7M | $9.0M | $1.8M | $767K | — | — |
| 2022 | $15.2M | $15.1M | $6.8M | $5.5M | — | View 990 |
| 2021 | $19.9M | $20.2M | $7.6M | $6.4M | — | View 990 |
| 2020 | $23.2M | $21.8M | $13.8M | $12.3M | — | View 990 |
| 2019 | $27.1M | $27.6M | $10.8M | $10.7M | — | View 990 |
| 2018 | $25.8M | $25.0M | $17.3M | $16.7M | — | View 990 |
| 2017 | $0 | $211K | $1 | $211K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.7M, expenses of $9.0M, and assets of $1.8M (revenue -42.8% year-over-year).
- 2022: Revenue of $15.2M, expenses of $15.1M, and assets of $6.8M (revenue -23.8% year-over-year).
- 2021: Revenue of $19.9M, expenses of $20.2M, and assets of $7.6M (revenue -14.2% year-over-year).
- 2020: Revenue of $23.2M, expenses of $21.8M, and assets of $13.8M (revenue -14.3% year-over-year).
- 2019: Revenue of $27.1M, expenses of $27.6M, and assets of $10.8M (revenue +4.8% year-over-year).
- 2018: Revenue of $25.8M, expenses of $25.0M, and assets of $17.3M.
- 2017: Revenue of $0, expenses of $211K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alliance For Lifetime Income:
Data Sources and Methodology
This transparency report for Alliance For Lifetime Income 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.