Encore Life Inc
EIN: 455433482 · Wray, CO
Is Encore 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 Encore Life Inc
Encore Life Inc (EIN: 455433482) is a nonprofit organization based in Wray, CO. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Encore Life Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Encore Life Inc is a small nonprofit, with 2 years of IRS 990 filings on record (2014–2015). Revenue has grown at a compound annual rate of 21.3%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $192K |
| Surplus / Deficit | +$27K |
| Total Assets | $89K |
| Total Liabilities | $2K |
| Net Assets | $87K |
| Operating Margin | 12.4% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 5.5 months |
Financial Health Grade: A
In 2015, Encore Life Inc reported a surplus of $27K with revenue exceeding expenses, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 2 years of filings (2014–2015), Encore Life Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +21.3% | +13.9% | -24.3% |
AI Analysis Pending
AI enrichment for Encore 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 Encore 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.1%.
Frequently Asked Questions about Encore Life Inc
Is Encore Life Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Encore Life Inc (EIN: 455433482) insufficient data. 0 red flags identified, 0 strengths noted.
How does Encore Life Inc spend its money?
Detailed spending breakdown data is not yet available for Encore Life Inc. Check back for updated IRS 990 analysis.
Are donations to Encore Life Inc tax-deductible?
Encore Life Inc is registered as a tax-exempt nonprofit (EIN: 455433482). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Encore Life Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2014–2015), Encore Life Inc's revenue has grown by 21.3%, moving from $181K to $219K. Total assets decreased by 24.3% over the same period, from $117K to $89K. Total functional expenses rose by 13.9%, from $169K to $192K. In its most recent filing year (2015), Encore Life Inc reported a surplus of $27K, with revenue exceeding expenses. The organization holds $2K in liabilities against $89K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $87K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $219K | $192K | $89K | $2K | — | View 990 |
| 2014 | $181K | $169K | $117K | $57K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Encore Life Inc:
Data Sources and Methodology
This transparency report for Encore 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.