Exodus Life
Exodus Life faces persistent deficits and growing liabilities despite zero reported officer compensation.
EIN: 203762947 · Little Rock, AR · NTEE: I43 · Updated: 2026-03-28
Is Exodus Life Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Exodus Life directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Exodus Life
Exodus Life (EIN: 203762947) is a nonprofit organization based in Little Rock, AR, classified under NTEE code I43. The organization reported total revenue of $636K and total assets of $219K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Exodus Life's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Exodus Life is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $579K |
| Total Expenses | $673K |
| Surplus / Deficit | $-94,632 |
| Total Assets | $225K |
| Total Liabilities | $382K |
| Net Assets | $-157,013 |
| Operating Margin | -16.4% |
| Debt-to-Asset Ratio | 169.8% |
| Months of Reserves | 4.0 months |
Financial Health Grade: C
In 2023, Exodus Life reported a deficit of $95K with expenses exceeding revenue, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 169.8% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Exodus Life's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.5% | -15.4% | -29.8% |
| 2022 | +64.9% | +32.1% | +801.4% |
| 2021 | -14.9% | +13.7% | -57.6% |
| 2020 | +10.9% | +3.7% | +207.6% |
| 2019 | +152.4% | +168.5% | -33.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2014 |
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 Exodus Life 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Exodus Life allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $95K, with expenses exceeding revenue.
- Debt-to-asset ratio: 169.8%.
Executive Compensation Analysis
Exodus Life consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size and revenue.
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 Exodus Life's IRS 990 filings:
- Persistent operating deficits in recent years (e.g., $94,632 deficit in 2023).
- Liabilities ($382,088 in 2023) exceeding assets ($225,075 in 2023), indicating potential insolvency.
- Significant decline in assets from over $1 million in earlier periods to current levels.
- Unusually low or zero reported officer compensation for an organization with over $500k in annual revenue, which might suggest alternative compensation methods or a heavy reliance on volunteers.
Strengths
The following positive indicators were identified for Exodus Life:
- Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive pay.
- Long operating history with 10 filings, suggesting established presence.
Frequently Asked Questions about Exodus Life
Is Exodus Life a legitimate charity?
Based on AI analysis of IRS 990 filings, Exodus Life (EIN: 203762947) some concerns. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
How does Exodus Life spend its money?
Exodus Life directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Exodus Life tax-deductible?
Exodus Life is registered as a tax-exempt nonprofit (EIN: 203762947). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Exodus Life financially stable?
Exodus Life's financial stability is a concern. In the last three reported periods (2021-2023), expenses have consistently exceeded revenue, leading to operating deficits. For example, in 2023, expenses were $673,370 while revenue was $578,738. Additionally, liabilities ($382,088 in 2023) have surpassed assets ($225,075 in 2023), indicating potential solvency issues.
How does Exodus Life manage executive compensation?
Exodus Life reports 0% officer compensation in all available IRS 990 filings. This means no compensation is reported for officers, directors, trustees, or key employees, which is a strong indicator of volunteer leadership or alternative compensation structures not captured in this field.
What is the trend in Exodus Life's assets and liabilities?
Exodus Life's assets have fluctuated significantly, decreasing from over $1.1 million in the early 2010s to $225,075 in 2023. Concurrently, liabilities have increased substantially, reaching $382,088 in 2023, which now exceeds the organization's total assets.
Filing History
IRS 990 filing history for Exodus Life showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Exodus Life's revenue has grown by 23.8%, moving from $467K to $579K. Total assets decreased by 81.7% over the same period, from $1.2M to $225K. Total functional expenses rose by 192.5%, from $230K to $673K. In its most recent filing year (2023), Exodus Life reported a deficit of $95K, with expenses exceeding revenue. The organization holds $382K in liabilities against $225K in assets (debt-to-asset ratio: 169.8%), resulting in net assets of $-157,013.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $579K | $673K | $225K | $382K | — | — |
| 2022 | $747K | $796K | $320K | $383K | — | View 990 |
| 2021 | $453K | $602K | $36K | $177K | — | View 990 |
| 2020 | $532K | $530K | $84K | $76K | — | — |
| 2019 | $480K | $511K | $27K | $22K | — | View 990 |
| 2018 | $190K | $190K | $41K | $5K | — | View 990 |
| 2018 | $369K | $360K | $45K | $9K | — | View 990 |
| 2013 | $280K | $312K | $1.1M | $902K | — | View 990 |
| 2012 | $106K | $144K | $1.2M | $900K | — | View 990 |
| 2011 | $467K | $230K | $1.2M | $903K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $579K, expenses of $673K, and assets of $225K (revenue -22.5% year-over-year).
- 2022: Revenue of $747K, expenses of $796K, and assets of $320K (revenue +64.9% year-over-year).
- 2021: Revenue of $453K, expenses of $602K, and assets of $36K (revenue -14.9% year-over-year).
- 2020: Revenue of $532K, expenses of $530K, and assets of $84K (revenue +10.9% year-over-year).
- 2019: Revenue of $480K, expenses of $511K, and assets of $27K (revenue +152.4% year-over-year).
- 2018: Revenue of $190K, expenses of $190K, and assets of $41K (revenue -48.5% year-over-year).
- 2018: Revenue of $369K, expenses of $360K, and assets of $45K (revenue +31.8% year-over-year).
- 2013: Revenue of $280K, expenses of $312K, and assets of $1.1M (revenue +164.8% year-over-year).
- 2012: Revenue of $106K, expenses of $144K, and assets of $1.2M (revenue -77.4% year-over-year).
- 2011: Revenue of $467K, expenses of $230K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Exodus Life:
Data Sources and Methodology
This transparency report for Exodus Life 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.