Cultivating Life Inc
EIN: 461656925 · South Bend, IN · NTEE: P85
| Metric | Value |
|---|---|
| Total Revenue | $246K |
| Total Expenses | $76K |
| Net Assets | $3K |
Is Cultivating Life Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cultivating Life Inc
Cultivating Life Inc (EIN: 461656925) is a nonprofit organization based in South Bend, IN, classified under NTEE code P85. The organization reported total revenue of $246K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cultivating Life Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cultivating Life Inc is a small nonprofit that has been operating for 8 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $76K |
| Surplus / Deficit | +$13K |
| Total Assets | $492K |
| Total Liabilities | $490K |
| Net Assets | $3K |
| Operating Margin | 15.0% |
| Debt-to-Asset Ratio | 99.4% |
| Months of Reserves | 78.1 months |
Financial Health Grade: A
In 2023, Cultivating Life Inc reported a surplus of $13K with revenue exceeding expenses, holds 78.1 months of operating reserves (strong position), has a debt-to-asset ratio of 99.4% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cultivating Life Inc 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 Cultivating Life Inc 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 $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 99.4%.
Frequently Asked Questions about Cultivating Life Inc
Is Cultivating Life Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cultivating Life Inc (EIN: 461656925) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cultivating Life Inc spend its money?
Detailed spending breakdown data is not yet available for Cultivating Life Inc. Check back for updated IRS 990 analysis.
Are donations to Cultivating Life Inc tax-deductible?
Cultivating Life Inc is registered as a tax-exempt nonprofit (EIN: 461656925). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cultivating Life Inc located?
Cultivating Life Inc is headquartered in South Bend, Indiana and files with the IRS under EIN 461656925. It is classified under NTEE code P85.
Filing History
IRS 990 filing history for Cultivating Life Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Cultivating Life Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $490K in liabilities against $492K in assets (debt-to-asset ratio: 99.4%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $76K | $492K | $490K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cultivating Life Inc:
Data Sources and Methodology
This transparency report for Cultivating Life 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.