American Eagle Lifecare Corporation
American Eagle Lifecare Corporation consistently operates at a deficit, with high liabilities offsetting substantial assets.
EIN: 10706736 · Lexington, KY · NTEE: E91 · Updated: 2026-03-28
Is American Eagle Lifecare Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Eagle Lifecare Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Eagle Lifecare Corporation
American Eagle Lifecare Corporation (EIN: 10706736) is a nonprofit organization based in Lexington, KY, classified under NTEE code E91. The organization reported total revenue of $84.9M and total assets of $258.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Eagle Lifecare Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Eagle Lifecare Corporation with a Mission Score of 65 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, American Eagle Lifecare Corporation 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with over $70 million in annual revenue and over $270 million in assets. This could indicate that executive salaries are reported under other expense categories or that the organization relies heavily on volunteer leadership, which would be a significant strength.
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 American Eagle Lifecare Corporation's IRS 990 filings:
- Consistent operating deficits (e.g., $70.1M revenue vs. $79.4M expenses in 202312)
- Very high liabilities relative to assets ($271.2M liabilities vs. $271.6M assets in 202312)
- Unusually low net asset position, indicating limited financial reserves
- 0% officer compensation reported for an organization of this size, which may obscure actual executive remuneration.
Strengths
The following positive indicators were identified for American Eagle Lifecare Corporation:
- Substantial asset base ($271,614,085 in 202312)
- Consistent filing history, indicating compliance with reporting requirements
- Potential for strong program spending if the majority of expenses are mission-related, though specific program spending ratios are not detailed in the provided data.
Frequently Asked Questions about American Eagle Lifecare Corporation
Is American Eagle Lifecare Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, American Eagle Lifecare Corporation (EIN: 10706736) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does American Eagle Lifecare Corporation spend its money?
American Eagle Lifecare Corporation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Eagle Lifecare Corporation tax-deductible?
American Eagle Lifecare Corporation is registered as a tax-exempt nonprofit (EIN: 10706736). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does American Eagle Lifecare Corporation consistently report operating deficits?
The filings show that expenses have exceeded revenue in most recent periods, such as 202312 ($79,483,923 expenses vs. $70,184,128 revenue) and 202212 ($87,295,736 expenses vs. $65,872,617 revenue). This trend suggests a need to review revenue generation strategies or cost management.
How does the organization fund its operations given the consistent deficits?
With consistent operating deficits, the organization likely relies on drawing down reserves, asset sales, or additional borrowing to cover expenses. The high liabilities ($271,265,640 in 202312) relative to assets ($271,614,085 in 202312) suggest a significant reliance on debt.
What is the explanation for 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It warrants further inquiry to understand if executive compensation is reported under different categories, if leadership is entirely volunteer, or if there's an alternative compensation structure not reflected in this line item.
What is the long-term financial sustainability given the high liabilities?
The organization's liabilities are nearly equal to its assets, leaving very little net asset cushion. This financial structure, combined with consistent operating deficits, raises concerns about long-term financial sustainability and ability to absorb unexpected financial shocks.
Filing History
IRS 990 filing history for American Eagle Lifecare Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Eagle Lifecare Corporation's revenue has grown by 8.2%, moving from $64.9M to $70.2M. Total assets increased by 394.8% over the same period, from $54.9M to $271.6M. Total functional expenses rose by 41.3%, from $56.3M to $79.5M. In its most recent filing year (2023), American Eagle Lifecare Corporation reported a deficit of $9.3M, with expenses exceeding revenue. The organization holds $271.3M in liabilities against $271.6M in assets (debt-to-asset ratio: 99.9%), resulting in net assets of $348K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $70.2M | $79.5M | $271.6M | $271.3M | — | — |
| 2022 | $65.9M | $87.3M | $280.2M | $268.5M | — | View 990 |
| 2021 | $57.4M | $73.4M | $303.4M | $278.2M | — | View 990 |
| 2020 | $83.3M | $95.7M | $376.5M | $328.0M | — | — |
| 2019 | $83.3M | $95.7M | $376.5M | $328.0M | — | View 990 |
| 2018 | $53.4M | $46.7M | $406.2M | $354.8M | — | View 990 |
| 2017 | $24.4M | $24.6M | $60.5M | $59.6M | — | View 990 |
| 2016 | $38.6M | $40.9M | $72.1M | $61.1M | — | View 990 |
| 2015 | $55.5M | $57.6M | $92.8M | $80.6M | — | View 990 |
| 2014 | $56.1M | $55.6M | $105.2M | $91.9M | — | View 990 |
| 2013 | $56.5M | $56.9M | $52.3M | $37.0M | — | View 990 |
| 2012 | $57.1M | $56.4M | $54.0M | $38.4M | — | View 990 |
| 2011 | $64.9M | $56.3M | $54.9M | $39.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $70.2M, expenses of $79.5M, and assets of $271.6M (revenue +6.5% year-over-year).
- 2022: Revenue of $65.9M, expenses of $87.3M, and assets of $280.2M (revenue +14.7% year-over-year).
- 2021: Revenue of $57.4M, expenses of $73.4M, and assets of $303.4M (revenue -31.1% year-over-year).
- 2020: Revenue of $83.3M, expenses of $95.7M, and assets of $376.5M (revenue +0.0% year-over-year).
- 2019: Revenue of $83.3M, expenses of $95.7M, and assets of $376.5M (revenue +56.0% year-over-year).
- 2018: Revenue of $53.4M, expenses of $46.7M, and assets of $406.2M (revenue +119.0% year-over-year).
- 2017: Revenue of $24.4M, expenses of $24.6M, and assets of $60.5M (revenue -36.8% year-over-year).
- 2016: Revenue of $38.6M, expenses of $40.9M, and assets of $72.1M (revenue -30.4% year-over-year).
- 2015: Revenue of $55.5M, expenses of $57.6M, and assets of $92.8M (revenue -1.1% year-over-year).
- 2014: Revenue of $56.1M, expenses of $55.6M, and assets of $105.2M (revenue -0.7% year-over-year).
- 2013: Revenue of $56.5M, expenses of $56.9M, and assets of $52.3M (revenue -0.9% year-over-year).
- 2012: Revenue of $57.1M, expenses of $56.4M, and assets of $54.0M (revenue -12.1% year-over-year).
- 2011: Revenue of $64.9M, expenses of $56.3M, and assets of $54.9M.
Data Sources and Methodology
This transparency report for American Eagle Lifecare Corporation 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.