Center For Soulful Living Inc
Center For Soulful Living Inc reports zero revenue and assets in its latest filing, indicating potential dormancy or cessation of operations.
EIN: 202325845 · Santa Fe, NM · NTEE: E99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $105K |
| Program Spending | 80% |
| Net Assets | $112K |
| Transparency Score | 40/100 |
Is Center For Soulful Living Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center For Soulful Living Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Center For Soulful Living Inc
Center For Soulful Living Inc (EIN: 202325845) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code E99. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Soulful Living Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Soulful Living Inc is a micro nonprofit that has been operating for 21 years, with 2 years of IRS 990 filings on record (2011–2012). Revenue has grown at a compound annual rate of -32.8%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $105K |
| Surplus / Deficit | $-28,032 |
| Total Assets | $112K |
| Net Assets | $112K |
| Operating Margin | -36.3% |
| Months of Reserves | 12.7 months |
Financial Health Grade: B
In 2012, Center For Soulful Living Inc reported a deficit of $28K with expenses exceeding revenue, holds 12.7 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2011–2012), Center For Soulful Living Inc's revenue has declined at a compound annual growth rate (CAGR) of -32.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | -32.8% | -0.7% | -20.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Center For Soulful Living Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Center For Soulful Living Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation was reported as 0% in both 2011 and 2012, suggesting that the organization's leadership was either entirely volunteer-based or compensated through non-officer roles, which is commendable for a small nonprofit.
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 Center For Soulful Living Inc's IRS 990 filings:
- Zero revenue and assets in the latest filing, indicating potential dormancy.
- Significant decline in revenue from $114,847 (2011) to $0 (latest).
- Operating at a deficit in 2012 (expenses $105,226 vs. revenue $77,194).
Strengths
The following positive indicators were identified for Center For Soulful Living Inc:
- No reported officer compensation in available filings, indicating volunteer leadership or lean executive costs.
- Low liabilities reported in prior years ($0 in 2012, $200 in 2011).
Frequently Asked Questions about Center For Soulful Living Inc
Is Center For Soulful Living Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For Soulful Living Inc (EIN: 202325845) significant concerns. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
How does Center For Soulful Living Inc spend its money?
Center For Soulful Living Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Center For Soulful Living Inc tax-deductible?
Center For Soulful Living Inc is registered as a tax-exempt nonprofit (EIN: 202325845). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Center For Soulful Living Inc's spending goes to programs?
Center For Soulful Living Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Center For Soulful Living Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Center For Soulful Living Inc is near average for NTEE category E99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Center For Soulful Living Inc located?
Center For Soulful Living Inc is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 202325845. It is classified under NTEE code E99.
How many years of IRS 990 filings does Center For Soulful Living Inc have?
Center For Soulful Living Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Center For Soulful Living Inc still operational?
Based on the latest filing showing $0 revenue and $0 assets, it is highly questionable whether the Center For Soulful Living Inc is still actively operating.
What caused the significant decline in revenue and assets?
The provided data does not specify the reasons for the decline from $114,847 in 2011 to $0 in the latest period, but it suggests a significant operational challenge or cessation of activities.
How did the organization cover its expenses in 2012 when expenses exceeded revenue?
In 2012, expenses ($105,226) exceeded revenue ($77,194). This deficit was likely covered by drawing down on prior year assets, which decreased from $139,840 in 2011 to $111,608 in 2012.
Filing History
IRS 990 filing history for Center For Soulful Living Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), Center For Soulful Living Inc's revenue has declined by 32.8%, moving from $115K to $77K. Total assets decreased by 20.2% over the same period, from $140K to $112K. Total functional expenses fell by 0.7%, from $106K to $105K. In its most recent filing year (2012), Center For Soulful Living Inc reported a deficit of $28K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $77K | $105K | $112K | $0 | — | View 990 |
| 2011 | $115K | $106K | $140K | $200 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Soulful Living Inc:
Data Sources and Methodology
This transparency report for Center For Soulful Living Inc 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.