Courage For Life Incorporated
EIN: 461567753 · Marietta, GA · NTEE: P46
| Metric | Value |
|---|---|
| Total Revenue | $880K |
| Total Expenses | $435K |
| Net Assets | $442K |
Is Courage For Life Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Courage For Life Incorporated
Courage For Life Incorporated (EIN: 461567753) is a nonprofit organization based in Marietta, GA, classified under NTEE code P46. The organization reported total revenue of $880K and total assets of $808K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Courage For Life Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Courage For Life Incorporated is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 17.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $748K |
| Total Expenses | $435K |
| Surplus / Deficit | +$312K |
| Total Assets | $485K |
| Total Liabilities | $43K |
| Net Assets | $442K |
| Operating Margin | 41.8% |
| Debt-to-Asset Ratio | 8.9% |
| Months of Reserves | 13.4 months |
Financial Health Grade: A
In 2023, Courage For Life Incorporated reported a surplus of $312K with revenue exceeding expenses, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 8.9% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Courage For Life Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.5% | -0.6% | +170.2% |
| 2022 | -33.2% | -25.9% | +12.8% |
| 2021 | +73.1% | +16.6% | +41.7% |
| 2020 | -30.0% | -28.6% | -52.3% |
| 2019 | -37.2% | -4.1% | -44.1% |
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 Analysis Pending
AI enrichment for Courage For Life Incorporated 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 Courage For Life Incorporated 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 $312K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.9%.
Frequently Asked Questions about Courage For Life Incorporated
Is Courage For Life Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Courage For Life Incorporated (EIN: 461567753) insufficient data. 0 red flags identified, 0 strengths noted.
How does Courage For Life Incorporated spend its money?
Detailed spending breakdown data is not yet available for Courage For Life Incorporated. Check back for updated IRS 990 analysis.
Are donations to Courage For Life Incorporated tax-deductible?
Courage For Life Incorporated is registered as a tax-exempt nonprofit (EIN: 461567753). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Courage For Life Incorporated located?
Courage For Life Incorporated is headquartered in Marietta, Georgia and files with the IRS under EIN 461567753. It is classified under NTEE code P46.
How many years of IRS 990 filings does Courage For Life Incorporated have?
Courage For Life Incorporated has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $880K in total revenue.
Filing History
IRS 990 filing history for Courage For Life Incorporated showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Courage For Life Incorporated's revenue has grown by 406.7%, moving from $148K to $748K. Total assets increased by 2883.7% over the same period, from $16K to $485K. Total functional expenses rose by 231.6%, from $131K to $435K. In its most recent filing year (2023), Courage For Life Incorporated reported a surplus of $312K, with revenue exceeding expenses. The organization holds $43K in liabilities against $485K in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $442K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $748K | $435K | $485K | $43K | — | View 990 |
| 2022 | $426K | $438K | $180K | $50K | — | View 990 |
| 2021 | $638K | $591K | $159K | $18K | — | — |
| 2020 | $368K | $507K | $112K | $17K | — | — |
| 2019 | $526K | $710K | $236K | $2K | — | View 990 |
| 2018 | $838K | $740K | $421K | $4K | — | View 990 |
| 2017 | $709K | $411K | $324K | $5K | — | View 990 |
| 2016 | $256K | $273K | $31K | $11K | — | View 990 |
| 2015 | $224K | $202K | $46K | $8K | — | View 990 |
| 2014 | $122K | $123K | $15K | $0 | — | View 990 |
| 2013 | $148K | $131K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $748K, expenses of $435K, and assets of $485K (revenue +75.5% year-over-year).
- 2022: Revenue of $426K, expenses of $438K, and assets of $180K (revenue -33.2% year-over-year).
- 2021: Revenue of $638K, expenses of $591K, and assets of $159K (revenue +73.1% year-over-year).
- 2020: Revenue of $368K, expenses of $507K, and assets of $112K (revenue -30.0% year-over-year).
- 2019: Revenue of $526K, expenses of $710K, and assets of $236K (revenue -37.2% year-over-year).
- 2018: Revenue of $838K, expenses of $740K, and assets of $421K (revenue +18.3% year-over-year).
- 2017: Revenue of $709K, expenses of $411K, and assets of $324K (revenue +177.2% year-over-year).
- 2016: Revenue of $256K, expenses of $273K, and assets of $31K (revenue +14.3% year-over-year).
- 2015: Revenue of $224K, expenses of $202K, and assets of $46K (revenue +82.9% year-over-year).
- 2014: Revenue of $122K, expenses of $123K, and assets of $15K (revenue -17.1% year-over-year).
- 2013: Revenue of $148K, expenses of $131K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Courage For Life Incorporated:
Data Sources and Methodology
This transparency report for Courage For Life Incorporated 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.