Comunilife Inc
Comunilife Inc. experiences significant revenue and asset growth over the past decade, with consistent positive net income.
EIN: 133530299 · New York, NY · NTEE: Z99Z · Updated: 2026-03-28
Is Comunilife Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Comunilife Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Comunilife Inc
Comunilife Inc (EIN: 133530299) is a nonprofit organization based in New York, NY, classified under NTEE code Z99Z. The organization reported total revenue of $101.5M and total assets of $62.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Comunilife Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Comunilife Inc is a major nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67.2M |
| Total Expenses | $62.7M |
| Surplus / Deficit | +$4.5M |
| Total Assets | $56.6M |
| Total Liabilities | $36.6M |
| Net Assets | $20.0M |
| Operating Margin | 6.7% |
| Debt-to-Asset Ratio | 64.7% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2023, Comunilife Inc reported a surplus of $4.5M with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 64.7% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Comunilife Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.2% | +28.2% | +60.6% |
| 2022 | +9.7% | +4.1% | +11.3% |
| 2020 | +24.2% | +21.7% | +11.3% |
| 2019 | +11.9% | +12.7% | +9.9% |
| 2018 | -2.6% | -2.9% | +24.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Comunilife Inc with a Mission Score of 85 out of 100 (Excellent). 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, Comunilife Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 64.7%.
Executive Compensation Analysis
The reported 'Officer Comp' of 0% across all available filings is highly unusual for an organization of Comunilife Inc.'s size and revenue, suggesting that executive compensation may be reported under different categories or is exceptionally low, which could indicate a very lean administrative structure.
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 Comunilife Inc's IRS 990 filings:
- Unusually low or unreported 'Officer Comp' (0% across all filings) which may obscure actual executive compensation details without further investigation of the full 990 forms.
Strengths
The following positive indicators were identified for Comunilife Inc:
- Strong and consistent revenue growth, increasing from $27,376,160 in 2014 to $101,454,463 currently.
- Healthy asset accumulation, with assets growing from $14,049,888 in 2014 to $62,049,254.
- Consistent positive net income, with revenues generally exceeding expenses in most reported periods.
- Effective management of liabilities, with assets significantly exceeding liabilities.
Frequently Asked Questions about Comunilife Inc
Is Comunilife Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Comunilife Inc (EIN: 133530299) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Comunilife Inc spend its money?
Comunilife Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Comunilife Inc tax-deductible?
Comunilife Inc is registered as a tax-exempt nonprofit (EIN: 133530299). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Comunilife Inc. financially stable?
Yes, Comunilife Inc. appears financially stable, demonstrating consistent revenue growth from $27,376,160 in 2014 to $67,210,526 in 2023, and a healthy asset base of $62,049,254 against liabilities, indicating strong financial health.
How has Comunilife Inc.'s revenue changed over time?
Comunilife Inc. has experienced substantial revenue growth, increasing from $27,376,160 in 2014 to $67,210,526 in 2023, with the latest reported revenue at $101,454,463, reflecting a significant expansion of its operations.
What is the trend in Comunilife Inc.'s assets?
The organization's assets have shown a strong upward trend, growing from $14,049,888 in 2014 to $56,597,668 in 2023, and currently standing at $62,049,254, indicating effective asset accumulation and management.
Is Comunilife Inc. efficient with its spending?
While a detailed breakdown of program, administrative, and fundraising expenses is not fully provided, the consistent reporting of 0% 'Officer Comp' suggests a potentially very efficient use of funds, though further detail from the full 990 would be needed for a definitive answer.
Filing History
IRS 990 filing history for Comunilife Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Comunilife Inc's revenue has grown by 168.2%, moving from $25.1M to $67.2M. Total assets increased by 352% over the same period, from $12.5M to $56.6M. Total functional expenses rose by 152.3%, from $24.9M to $62.7M. In its most recent filing year (2023), Comunilife Inc reported a surplus of $4.5M, with revenue exceeding expenses. The organization holds $36.6M in liabilities against $56.6M in assets (debt-to-asset ratio: 64.7%), resulting in net assets of $20.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67.2M | $62.7M | $56.6M | $36.6M | — | — |
| 2022 | $53.7M | $48.9M | $35.3M | $19.8M | — | View 990 |
| 2020 | $48.9M | $47.0M | $31.7M | $20.6M | — | View 990 |
| 2019 | $39.4M | $38.6M | $28.5M | $19.4M | — | View 990 |
| 2018 | $35.2M | $34.3M | $25.9M | $18.2M | — | View 990 |
| 2017 | $36.1M | $35.3M | $20.7M | $14.2M | — | View 990 |
| 2016 | $34.1M | $33.4M | $19.1M | $13.5M | — | View 990 |
| 2015 | $30.0M | $29.7M | $15.9M | $10.9M | — | View 990 |
| 2014 | $27.4M | $27.9M | $14.0M | $9.4M | — | View 990 |
| 2013 | $28.8M | $28.6M | $16.6M | $11.5M | — | View 990 |
| 2012 | $26.7M | $26.5M | $13.9M | $8.9M | — | View 990 |
| 2011 | $25.1M | $24.9M | $12.5M | $7.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67.2M, expenses of $62.7M, and assets of $56.6M (revenue +25.2% year-over-year).
- 2022: Revenue of $53.7M, expenses of $48.9M, and assets of $35.3M (revenue +9.7% year-over-year).
- 2020: Revenue of $48.9M, expenses of $47.0M, and assets of $31.7M (revenue +24.2% year-over-year).
- 2019: Revenue of $39.4M, expenses of $38.6M, and assets of $28.5M (revenue +11.9% year-over-year).
- 2018: Revenue of $35.2M, expenses of $34.3M, and assets of $25.9M (revenue -2.6% year-over-year).
- 2017: Revenue of $36.1M, expenses of $35.3M, and assets of $20.7M (revenue +6.0% year-over-year).
- 2016: Revenue of $34.1M, expenses of $33.4M, and assets of $19.1M (revenue +13.5% year-over-year).
- 2015: Revenue of $30.0M, expenses of $29.7M, and assets of $15.9M (revenue +9.7% year-over-year).
- 2014: Revenue of $27.4M, expenses of $27.9M, and assets of $14.0M (revenue -4.8% year-over-year).
- 2013: Revenue of $28.8M, expenses of $28.6M, and assets of $16.6M (revenue +7.7% year-over-year).
- 2012: Revenue of $26.7M, expenses of $26.5M, and assets of $13.9M (revenue +6.6% year-over-year).
- 2011: Revenue of $25.1M, expenses of $24.9M, and assets of $12.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Comunilife Inc:
Data Sources and Methodology
This transparency report for Comunilife 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.