El Grupo Vida Inc
El Grupo Vida Inc experiences rapid revenue growth but faces recent operating deficits and increasing liabilities.
EIN: 201082607 · Denver, CO · NTEE: P80 · Updated: 2026-03-28
Is El Grupo Vida Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
El Grupo Vida Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About El Grupo Vida Inc
El Grupo Vida Inc (EIN: 201082607) is a nonprofit organization based in Denver, CO, classified under NTEE code P80. The organization reported total revenue of $997K and total assets of $177K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of El Grupo Vida Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
El Grupo Vida Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $513K |
| Total Expenses | $594K |
| Surplus / Deficit | $-80,766 |
| Total Assets | $67K |
| Total Liabilities | $75K |
| Net Assets | $-7,794 |
| Operating Margin | -15.7% |
| Debt-to-Asset Ratio | 111.6% |
| Months of Reserves | 1.4 months |
Financial Health Grade: D
In 2023, El Grupo Vida Inc reported a deficit of $81K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 111.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), El Grupo Vida Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.7% | +52.5% | -7.9% |
| 2022 | +114.5% | +140.5% | -3.4% |
| 2021 | +131.6% | +209.6% | +32.4% |
| 2020 | +409.0% | +350.9% | +87.4% |
| 2019 | -30.2% | -28.6% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2006 |
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 El Grupo Vida Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, El Grupo Vida Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $81K, with expenses exceeding revenue.
- Debt-to-asset ratio: 111.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly efficient for an organization of its size.
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 El Grupo Vida Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($593,792 vs. $513,026), leading to an operating deficit.
- Liabilities ($75,000) exceeded assets ($67,206) in 2023, indicating a negative net asset position.
- Operating deficits also occurred in 2022 and 2016, suggesting a recurring challenge in matching expenses to revenue.
Strengths
The following positive indicators were identified for El Grupo Vida Inc:
- Consistent 0% officer compensation, indicating high efficiency in executive spending.
- Significant revenue growth from $15,295 in 2019 to $513,026 in 2023, demonstrating increasing support.
- Strong program focus implied by the lack of executive compensation and NTEE code P80.
Frequently Asked Questions about El Grupo Vida Inc
Is El Grupo Vida Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, El Grupo Vida Inc (EIN: 201082607) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does El Grupo Vida Inc spend its money?
El Grupo Vida Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to El Grupo Vida Inc tax-deductible?
El Grupo Vida Inc is registered as a tax-exempt nonprofit (EIN: 201082607). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is El Grupo Vida Inc financially stable?
While El Grupo Vida Inc has shown significant revenue growth, its financial stability is a concern given that expenses exceeded revenue in 2023 ($593,792 vs. $513,026) and 2022 ($389,269 vs. $386,739), and liabilities ($75,000) exceeded assets ($67,206) in 2023.
How does El Grupo Vida Inc manage executive compensation?
El Grupo Vida Inc consistently reports 0% officer compensation, indicating that no salaries are paid to its officers, which is a strong positive for spending efficiency.
What is the trend in El Grupo Vida Inc's revenue?
El Grupo Vida Inc has experienced substantial revenue growth, from $15,295 in 2019 to $513,026 in 2023, demonstrating increasing support for its mission.
Are El Grupo Vida Inc's assets sufficient to cover its liabilities?
In 2023, El Grupo Vida Inc's liabilities ($75,000) exceeded its assets ($67,206), indicating a negative net asset position that warrants attention.
Filing History
IRS 990 filing history for El Grupo Vida Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), El Grupo Vida Inc's revenue has grown by 784.6%, moving from $58K to $513K. Total assets increased by 137.5% over the same period, from $28K to $67K. Total functional expenses rose by 1175.5%, from $47K to $594K. In its most recent filing year (2023), El Grupo Vida Inc reported a deficit of $81K, with expenses exceeding revenue. The organization holds $75K in liabilities against $67K in assets (debt-to-asset ratio: 111.6%), resulting in net assets of $-7,794.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $513K | $594K | $67K | $75K | — | — |
| 2022 | $387K | $389K | $73K | $0 | — | View 990 |
| 2021 | $180K | $162K | $76K | $0 | — | — |
| 2020 | $78K | $52K | $57K | $0 | — | View 990 |
| 2019 | $15K | $12K | $30K | $0 | — | View 990 |
| 2018 | $22K | $16K | $30K | $0 | — | View 990 |
| 2017 | $34K | $26K | $30K | $5K | — | View 990 |
| 2016 | $42K | $54K | $19K | $200 | — | View 990 |
| 2015 | $72K | $68K | $24K | $9K | — | View 990 |
| 2014 | $30K | $49K | $14K | $3K | — | View 990 |
| 2013 | $29K | $22K | $30K | $816 | — | View 990 |
| 2012 | $28K | $34K | $23K | $0 | — | View 990 |
| 2011 | $58K | $47K | $28K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $513K, expenses of $594K, and assets of $67K (revenue +32.7% year-over-year).
- 2022: Revenue of $387K, expenses of $389K, and assets of $73K (revenue +114.5% year-over-year).
- 2021: Revenue of $180K, expenses of $162K, and assets of $76K (revenue +131.6% year-over-year).
- 2020: Revenue of $78K, expenses of $52K, and assets of $57K (revenue +409.0% year-over-year).
- 2019: Revenue of $15K, expenses of $12K, and assets of $30K (revenue -30.2% year-over-year).
- 2018: Revenue of $22K, expenses of $16K, and assets of $30K (revenue -35.5% year-over-year).
- 2017: Revenue of $34K, expenses of $26K, and assets of $30K (revenue -18.4% year-over-year).
- 2016: Revenue of $42K, expenses of $54K, and assets of $19K (revenue -42.3% year-over-year).
- 2015: Revenue of $72K, expenses of $68K, and assets of $24K (revenue +136.5% year-over-year).
- 2014: Revenue of $30K, expenses of $49K, and assets of $14K (revenue +6.4% year-over-year).
- 2013: Revenue of $29K, expenses of $22K, and assets of $30K (revenue +2.0% year-over-year).
- 2012: Revenue of $28K, expenses of $34K, and assets of $23K (revenue -51.6% year-over-year).
- 2011: Revenue of $58K, expenses of $47K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for El Grupo Vida Inc:
Data Sources and Methodology
This transparency report for El Grupo Vida 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.