Enhanced Living Inc
Enhanced Living Inc. faces persistent operating deficits and high liabilities despite substantial assets.
EIN: 205007756 · Bradford, VT · NTEE: P70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $3.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $-913,230 |
| Transparency Score | 65/100 |
Is Enhanced Living Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Enhanced Living Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Enhanced Living Inc
Enhanced Living Inc (EIN: 205007756) is a nonprofit organization based in Bradford, VT, classified under NTEE code P70. The organization reported total revenue of $4.1M and total assets of $9.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Enhanced Living Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Enhanced Living Inc is a mid-size nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 33.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $3.9M |
| Surplus / Deficit | $-446,677 |
| Total Assets | $9.3M |
| Total Liabilities | $10.2M |
| Net Assets | $-913,230 |
| Operating Margin | -13.1% |
| Debt-to-Asset Ratio | 109.8% |
| Months of Reserves | 29.0 months |
Financial Health Grade: C
In 2023, Enhanced Living Inc reported a deficit of $447K with expenses exceeding revenue, holds 29.0 months of operating reserves (strong position), has a debt-to-asset ratio of 109.8% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Enhanced Living Inc's revenue has grown at a compound annual growth rate (CAGR) of 33.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.9% | +13.8% | -4.0% |
| 2022 | +7.9% | +8.3% | -1.6% |
| 2021 | -7.9% | -2.0% | -4.8% |
| 2020 | +108.5% | +6.1% | -0.5% |
| 2019 | +287.1% | +5204.4% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Enhanced Living Inc with a Mission Score of 65 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Enhanced Living Inc 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 $447K, with expenses exceeding revenue.
- Debt-to-asset ratio: 109.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size with over $4 million in revenue and $9 million in assets.
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 Enhanced Living Inc's IRS 990 filings:
- Consistent operating deficits (e.g., $446,677 in 2023, $199,043 in 2022).
- Liabilities frequently exceed assets (e.g., $10,229,044 liabilities vs. $9,315,814 assets in 2023).
- Significant revenue volatility in earlier years (e.g., $397,521 in 2018 vs. $1,538,946 in 2019).
Strengths
The following positive indicators were identified for Enhanced Living Inc:
- No reported officer compensation, indicating resources are not used for executive salaries.
- Substantial asset base ($9,210,309 latest reported assets).
- Significant growth in revenue from 2018 ($397,521) to 2023 ($3,410,041).
Frequently Asked Questions about Enhanced Living Inc
Is Enhanced Living Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Enhanced Living Inc (EIN: 205007756) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Enhanced Living Inc spend its money?
Enhanced Living Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Enhanced Living Inc tax-deductible?
Enhanced Living Inc is registered as a tax-exempt nonprofit (EIN: 205007756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Enhanced Living Inc CEO make?
Enhanced Living Inc's highest-compensated officer earns $4 annually. The organization reported $4.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Enhanced Living Inc's spending goes to programs?
Enhanced Living Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Enhanced Living Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Enhanced Living Inc is above average for NTEE category P70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Enhanced Living Inc located?
Enhanced Living Inc is headquartered in Bradford, Vermont and files with the IRS under EIN 205007756. It is classified under NTEE code P70.
How many years of IRS 990 filings does Enhanced Living Inc have?
Enhanced Living Inc 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 $4.1M in total revenue.
Is Enhanced Living Inc. financially sustainable given its consistent operating deficits?
The organization has consistently reported expenses exceeding revenue in recent years (e.g., $3,856,718 expenses vs. $3,410,041 revenue in 2023), raising concerns about its long-term financial sustainability if this trend continues.
What is the nature of Enhanced Living Inc.'s high liabilities, which often exceed its assets?
In 2023, liabilities were $10,229,044 while assets were $9,315,814. The specific nature of these liabilities (e.g., mortgages, program-related debt) is not detailed in the provided summary but is a critical factor in assessing financial health.
How does Enhanced Living Inc. cover its operating deficits?
With consistent deficits, such as the $446,677 deficit in 2023, the organization must be drawing from reserves, incurring debt, or receiving non-operating income not reflected in the 'Revenue' figure to cover these shortfalls.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale and suggests that leadership may be entirely volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990.
Filing History
IRS 990 filing history for Enhanced Living Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Enhanced Living Inc's revenue has grown by 1743.3%, moving from $185K to $3.4M. Total assets increased by 1281.7% over the same period, from $674K to $9.3M. Total functional expenses rose by 196170.6%, from $2K to $3.9M. In its most recent filing year (2023), Enhanced Living Inc reported a deficit of $447K, with expenses exceeding revenue. The organization holds $10.2M in liabilities against $9.3M in assets (debt-to-asset ratio: 109.8%), resulting in net assets of $-913,230.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $3.9M | $9.3M | $10.2M | — | — |
| 2022 | $3.2M | $3.4M | $9.7M | $10.2M | — | View 990 |
| 2021 | $3.0M | $3.1M | $9.9M | $10.1M | — | View 990 |
| 2020 | $3.2M | $3.2M | $10.4M | $10.4M | — | View 990 |
| 2019 | $1.5M | $3.0M | $10.4M | $10.5M | — | View 990 |
| 2018 | $398K | $57K | $10.0M | $8.2M | — | View 990 |
| 2017 | $119K | $4K | $1.4M | $0 | — | View 990 |
| 2016 | $137K | $2K | $1.3M | $0 | — | View 990 |
| 2015 | $150K | $2K | $1.1M | $0 | — | View 990 |
| 2014 | $300K | $7K | $968K | $0 | — | View 990 |
| 2013 | $185K | $2K | $674K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $3.9M, and assets of $9.3M (revenue +6.9% year-over-year).
- 2022: Revenue of $3.2M, expenses of $3.4M, and assets of $9.7M (revenue +7.9% year-over-year).
- 2021: Revenue of $3.0M, expenses of $3.1M, and assets of $9.9M (revenue -7.9% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.2M, and assets of $10.4M (revenue +108.5% year-over-year).
- 2019: Revenue of $1.5M, expenses of $3.0M, and assets of $10.4M (revenue +287.1% year-over-year).
- 2018: Revenue of $398K, expenses of $57K, and assets of $10.0M (revenue +234.9% year-over-year).
- 2017: Revenue of $119K, expenses of $4K, and assets of $1.4M (revenue -13.6% year-over-year).
- 2016: Revenue of $137K, expenses of $2K, and assets of $1.3M (revenue -8.4% year-over-year).
- 2015: Revenue of $150K, expenses of $2K, and assets of $1.1M (revenue -50.0% year-over-year).
- 2014: Revenue of $300K, expenses of $7K, and assets of $968K (revenue +62.2% year-over-year).
- 2013: Revenue of $185K, expenses of $2K, and assets of $674K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Enhanced Living Inc:
Data Sources and Methodology
This transparency report for Enhanced Living 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.