Circle Of Life Hospice Foundation
EIN: 562282350 · Reno, NV · NTEE: P74
| Metric | Value |
|---|---|
| Total Revenue | $615K |
| Total Expenses | $22K |
| Net Assets | $281K |
Is Circle Of Life Hospice Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Circle Of Life Hospice Foundation
Circle Of Life Hospice Foundation (EIN: 562282350) is a nonprofit organization based in Reno, NV, classified under NTEE code P74. The organization reported total revenue of $615K and total assets of $913K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Circle Of Life Hospice Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Circle Of Life Hospice Foundation is a small nonprofit that has been operating for 23 years, with 4 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 26.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $262K |
| Total Expenses | $22K |
| Surplus / Deficit | +$240K |
| Total Assets | $281K |
| Total Liabilities | $600 |
| Net Assets | $281K |
| Operating Margin | 91.5% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 151.9 months |
Financial Health Grade: A
In 2023, Circle Of Life Hospice Foundation reported a surplus of $240K with revenue exceeding expenses, holds 151.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2023), Circle Of Life Hospice Foundation's revenue has grown at a compound annual growth rate (CAGR) of 26.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +727.5% | -78.1% | +489.4% |
| 2013 | +164.1% | +122.6% | -56.2% |
| 2012 | -22.7% | +115.9% | -27.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Circle Of Life Hospice Foundation 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 Circle Of Life Hospice Foundation 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 surplus of $240K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Circle Of Life Hospice Foundation
Is Circle Of Life Hospice Foundation a legitimate charity?
Circle Of Life Hospice Foundation (EIN: 562282350) is a registered tax-exempt nonprofit based in Nevada. It has 4 years of IRS 990 filings on record. Total revenue: $615K. No red flags identified. Financial health grade: A.
How does Circle Of Life Hospice Foundation spend its money?
Circle Of Life Hospice Foundation reported $615K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Circle Of Life Hospice Foundation tax-deductible?
Circle Of Life Hospice Foundation is registered as a tax-exempt nonprofit (EIN: 562282350). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Circle Of Life Hospice Foundation located?
Circle Of Life Hospice Foundation is headquartered in Reno, Nevada and files with the IRS under EIN 562282350. It is classified under NTEE code P74.
How many years of IRS 990 filings does Circle Of Life Hospice Foundation have?
Circle Of Life Hospice Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $615K in total revenue.
Filing History
IRS 990 filing history for Circle Of Life Hospice Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2023), Circle Of Life Hospice Foundation's revenue has grown by 1589.2%, moving from $16K to $262K. Total assets increased by 87.6% over the same period, from $150K to $281K. Total functional expenses rose by 5.1%, from $21K to $22K. In its most recent filing year (2023), Circle Of Life Hospice Foundation reported a surplus of $240K, with revenue exceeding expenses. The organization holds $600 in liabilities against $281K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $281K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $262K | $22K | $281K | $600 | — | — |
| 2013 | $32K | $102K | $48K | $0 | — | View 990 |
| 2012 | $12K | $46K | $109K | $0 | — | View 990 |
| 2011 | $16K | $21K | $150K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $262K, expenses of $22K, and assets of $281K (revenue +727.5% year-over-year).
- 2013: Revenue of $32K, expenses of $102K, and assets of $48K (revenue +164.1% year-over-year).
- 2012: Revenue of $12K, expenses of $46K, and assets of $109K (revenue -22.7% year-over-year).
- 2011: Revenue of $16K, expenses of $21K, and assets of $150K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Circle Of Life Hospice Foundation:
Data Sources and Methodology
This transparency report for Circle Of Life Hospice Foundation 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.