Centers For Spiritual Living
Centers For Spiritual Living reports $0 revenue and assets in its latest filing, indicating severe financial distress or inactivity.
EIN: 205507099 · Nashville, TN · NTEE: X99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $137K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $70,061 |
| Net Assets | $172K |
| Transparency Score | 30/100 |
Is Centers For Spiritual Living Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Centers For Spiritual Living directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Centers For Spiritual Living
Centers For Spiritual Living (EIN: 205507099) is a nonprofit organization based in Nashville, TN, classified under NTEE code X99. 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 Centers For Spiritual Living's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Centers For Spiritual Living is a small nonprofit that has been operating for 12 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 21.7%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $137K |
| Surplus / Deficit | +$17K |
| Total Assets | $466K |
| Total Liabilities | $294K |
| Net Assets | $172K |
| Operating Margin | 11.1% |
| Debt-to-Asset Ratio | 63.2% |
| Months of Reserves | 40.9 months |
Financial Health Grade: A
In 2015, Centers For Spiritual Living reported a surplus of $17K with revenue exceeding expenses, holds 40.9 months of operating reserves (strong position), has a debt-to-asset ratio of 63.2% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Centers For Spiritual Living's revenue has grown at a compound annual growth rate (CAGR) of 21.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -21.3% | -31.4% | +1.6% |
| 2014 | +33.8% | +67.4% | +496.4% |
| 2013 | -4.7% | +4.4% | +58.1% |
| 2012 | +118.6% | +79.0% | +412.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
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 Centers For Spiritual Living with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Centers For Spiritual Living allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 63.2%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is unusual for an organization that had revenues ranging from $70,061 to $195,461 in prior years, suggesting either a volunteer-led structure or compensation being reported in other categories.
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 Centers For Spiritual Living's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential cessation of operations or severe financial distress.
- Significant and unexplained decline in assets from $465,844 in 2015 to $0 in the latest period.
- Fluctuating financial performance with inconsistent revenue and expense levels over the years.
- High liabilities relative to revenue in some periods (e.g., $304,000 liabilities vs. $195,461 revenue in 2014).
Strengths
The following positive indicators were identified for Centers For Spiritual Living:
- Consistent reporting of 0% officer compensation across all available filings, suggesting a volunteer-led or highly cost-conscious leadership structure.
- History of filing IRS 990 forms, indicating some level of compliance and transparency in prior years.
Frequently Asked Questions about Centers For Spiritual Living
Is Centers For Spiritual Living a legitimate charity?
Centers For Spiritual Living (EIN: 205507099) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 30/100. It has 5 years of IRS 990 filings on record. 4 red flags identified. 2 strengths noted. Financial health grade: A.
How does Centers For Spiritual Living spend its money?
Centers For Spiritual Living directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Centers For Spiritual Living tax-deductible?
Centers For Spiritual Living is registered as a tax-exempt nonprofit (EIN: 205507099). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Centers For Spiritual Living CEO make?
Centers For Spiritual Living's highest-compensated officer earns $70,061 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Centers For Spiritual Living's spending goes to programs?
Centers For Spiritual Living directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Centers For Spiritual Living compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Centers For Spiritual Living is below average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Centers For Spiritual Living located?
Centers For Spiritual Living is headquartered in Nashville, Tennessee and files with the IRS under EIN 205507099. It is classified under NTEE code X99.
How many years of IRS 990 filings does Centers For Spiritual Living have?
Centers For Spiritual Living has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Centers For Spiritual Living still operational given its latest $0 revenue and assets?
The latest IRS 990 filing showing $0 in both revenue and assets strongly suggests that Centers For Spiritual Living may no longer be operational or is experiencing severe financial distress. Further investigation beyond the 990 filings would be needed to confirm its current status.
What caused the significant decline in assets from $465,844 in 2015 to $0 in the latest filing?
The IRS 990 data alone does not provide the specific reasons for the drastic decline in assets. This could be due to asset liquidation, transfer of assets, or significant losses. Without more detailed financial statements or explanations from the organization, the cause remains unclear.
How did the organization manage its liabilities, which reached $304,000 in 2014, given its revenue levels?
The organization's liabilities fluctuated significantly, reaching $304,000 in 2014 against revenues of $195,461. This indicates a reliance on debt or other non-revenue funding sources. The subsequent decline in liabilities to $294,264 in 2015 and eventually to $0 (implied by $0 assets) suggests these liabilities were either paid off, forgiven, or transferred, though the filings do not detail how.
Filing History
IRS 990 filing history for Centers For Spiritual Living showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Centers For Spiritual Living's revenue has grown by 119.5%, moving from $70K to $154K. Total assets increased by 4809.8% over the same period, from $9K to $466K. Total functional expenses rose by 114.5%, from $64K to $137K. In its most recent filing year (2015), Centers For Spiritual Living reported a surplus of $17K, with revenue exceeding expenses. The organization holds $294K in liabilities against $466K in assets (debt-to-asset ratio: 63.2%), resulting in net assets of $172K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $154K | $137K | $466K | $294K | — | View 990 |
| 2014 | $195K | $199K | $458K | $304K | — | View 990 |
| 2013 | $146K | $119K | $77K | $1K | — | View 990 |
| 2012 | $153K | $114K | $49K | $0 | — | View 990 |
| 2011 | $70K | $64K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $154K, expenses of $137K, and assets of $466K (revenue -21.3% year-over-year).
- 2014: Revenue of $195K, expenses of $199K, and assets of $458K (revenue +33.8% year-over-year).
- 2013: Revenue of $146K, expenses of $119K, and assets of $77K (revenue -4.7% year-over-year).
- 2012: Revenue of $153K, expenses of $114K, and assets of $49K (revenue +118.6% year-over-year).
- 2011: Revenue of $70K, expenses of $64K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Centers For Spiritual Living:
Data Sources and Methodology
This transparency report for Centers For Spiritual Living 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.