Donate Life North Carolina
Donate Life North Carolina maintains stable operations with no reported officer compensation, though recent expenses slightly outpaced revenue.
EIN: 10659217 · Winston Salem, NC · NTEE: P20 · Updated: 2026-03-28
Is Donate Life North Carolina Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Donate Life North Carolina directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Donate Life North Carolina
Donate Life North Carolina (EIN: 10659217) is a nonprofit organization based in Winston Salem, NC, classified under NTEE code P20. The organization reported total revenue of $357K and total assets of $196K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Donate Life North Carolina's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Donate Life North Carolina is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $352K |
| Total Expenses | $383K |
| Surplus / Deficit | $-30,868 |
| Total Assets | $225K |
| Total Liabilities | $88K |
| Net Assets | $137K |
| Operating Margin | -8.8% |
| Debt-to-Asset Ratio | 39.1% |
| Months of Reserves | 7.1 months |
Financial Health Grade: B
In 2023, Donate Life North Carolina reported a deficit of $31K with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 39.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Donate Life North Carolina's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.8% | +12.0% | -2.2% |
| 2022 | -5.2% | -13.5% | +14.2% |
| 2021 | -23.7% | -13.5% | -21.3% |
| 2020 | +4.8% | -6.1% | +9.8% |
| 2019 | -21.5% | -17.0% | -23.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Donate Life North Carolina 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, Donate Life North Carolina 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 deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 39.1%.
Executive Compensation Analysis
Donate Life North Carolina consistently reports 0% officer compensation across all available filings, indicating that no portion of its budget is allocated to executive salaries, which is highly commendable for an organization of its size (annual revenue around $350,000 - $580,000).
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 Donate Life North Carolina's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (202306) by $30,868.
- A downward trend in revenue from its peak in 201806 ($575,815) to $352,076 in 202306.
Strengths
The following positive indicators were identified for Donate Life North Carolina:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship.
- Stable asset base over the past decade, generally between $200,000 and $300,000.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Donate Life North Carolina
Is Donate Life North Carolina a legitimate charity?
Based on AI analysis of IRS 990 filings, Donate Life North Carolina (EIN: 10659217) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Donate Life North Carolina spend its money?
Donate Life North Carolina directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Donate Life North Carolina tax-deductible?
Donate Life North Carolina is registered as a tax-exempt nonprofit (EIN: 10659217). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Donate Life North Carolina financially stable?
Donate Life North Carolina appears generally stable, with consistent revenue and asset levels over the past decade. However, the 202306 filing showed expenses ($382,944) exceeding revenue ($352,076) by $30,868, and liabilities ($87,990) are a notable portion of assets ($225,157), suggesting a need for careful financial management to maintain long-term stability.
How does Donate Life North Carolina manage executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries.
What is the trend in Donate Life North Carolina's revenue?
Donate Life North Carolina's revenue has fluctuated over the past decade, peaking around $575,815 in 201806 and declining to $352,076 in 202306, indicating a downward trend in recent years from its higher points.
Filing History
IRS 990 filing history for Donate Life North Carolina showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Donate Life North Carolina's revenue has declined by 5.2%, moving from $371K to $352K. Total assets increased by 45.2% over the same period, from $155K to $225K. Total functional expenses rose by 34.8%, from $284K to $383K. In its most recent filing year (2023), Donate Life North Carolina reported a deficit of $31K, with expenses exceeding revenue. The organization holds $88K in liabilities against $225K in assets (debt-to-asset ratio: 39.1%), resulting in net assets of $137K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $352K | $383K | $225K | $88K | — | View 990 |
| 2022 | $342K | $342K | $230K | $62K | — | View 990 |
| 2021 | $361K | $396K | $202K | $34K | — | View 990 |
| 2020 | $473K | $458K | $256K | $54K | — | View 990 |
| 2019 | $452K | $487K | $233K | $47K | — | View 990 |
| 2018 | $576K | $587K | $305K | $85K | — | View 990 |
| 2017 | $550K | $557K | $317K | $86K | — | View 990 |
| 2016 | $436K | $430K | $299K | $60K | — | View 990 |
| 2015 | $430K | $385K | $330K | $98K | — | View 990 |
| 2014 | $464K | $410K | $222K | $34K | — | View 990 |
| 2013 | $369K | $356K | $147K | $486 | — | View 990 |
| 2012 | $348K | $377K | $131K | $4K | — | View 990 |
| 2011 | $371K | $284K | $155K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $352K, expenses of $383K, and assets of $225K (revenue +2.8% year-over-year).
- 2022: Revenue of $342K, expenses of $342K, and assets of $230K (revenue -5.2% year-over-year).
- 2021: Revenue of $361K, expenses of $396K, and assets of $202K (revenue -23.7% year-over-year).
- 2020: Revenue of $473K, expenses of $458K, and assets of $256K (revenue +4.8% year-over-year).
- 2019: Revenue of $452K, expenses of $487K, and assets of $233K (revenue -21.5% year-over-year).
- 2018: Revenue of $576K, expenses of $587K, and assets of $305K (revenue +4.7% year-over-year).
- 2017: Revenue of $550K, expenses of $557K, and assets of $317K (revenue +26.2% year-over-year).
- 2016: Revenue of $436K, expenses of $430K, and assets of $299K (revenue +1.4% year-over-year).
- 2015: Revenue of $430K, expenses of $385K, and assets of $330K (revenue -7.4% year-over-year).
- 2014: Revenue of $464K, expenses of $410K, and assets of $222K (revenue +25.9% year-over-year).
- 2013: Revenue of $369K, expenses of $356K, and assets of $147K (revenue +5.9% year-over-year).
- 2012: Revenue of $348K, expenses of $377K, and assets of $131K (revenue -6.2% year-over-year).
- 2011: Revenue of $371K, expenses of $284K, and assets of $155K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Donate Life North Carolina:
Data Sources and Methodology
This transparency report for Donate Life North Carolina 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.