Free For Life International
Free For Life International faces significant deficit in latest fiscal year, with expenses more than double revenue.
EIN: 205678362 · Franklin, TN · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $70K |
| Total Expenses | $169K |
| Program Spending | 80% |
| Net Assets | $54K |
| Transparency Score | 70/100 |
Is Free For Life International Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Free For Life International directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Free For Life International
Free For Life International (EIN: 205678362) is a nonprofit organization based in Franklin, TN, classified under NTEE code B60. The organization reported total revenue of $70K and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Free For Life International's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Free For Life International is a micro nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $70K |
| Total Expenses | $169K |
| Surplus / Deficit | $-99,086 |
| Total Assets | $54K |
| Net Assets | $54K |
| Operating Margin | -141.0% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2023, Free For Life International reported a deficit of $99K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2011–2023), Free For Life International's revenue has declined at a compound annual growth rate (CAGR) of -6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -81.1% | -50.9% | -66.7% |
| 2022 | +3.9% | +5.0% | +24.2% |
| 2021 | +35.8% | +46.9% | +1.4% |
| 2020 | +72.6% | +28.3% | +133.5% |
| 2019 | +0.0% | +0.0% | -5.6% |
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 Free For Life International with a Mission Score of 70 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, Free For Life International 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 $99K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly commendable 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 Free For Life International's IRS 990 filings:
- Significant deficit in the latest fiscal year (202306), with expenses ($169,355) more than double revenue ($70,269).
- Substantial decline in revenue from $372,739 in 202206 to $70,269 in 202306.
- Fluctuating financial performance with several periods where expenses exceeded revenue (e.g., 201907, 201906, 201712, 201612).
Strengths
The following positive indicators were identified for Free For Life International:
- Consistent 0% officer compensation across all filings, indicating strong commitment to mission-focused spending.
- Reported zero liabilities in the most recent filing (202306), suggesting good management of debt.
- History of maintaining positive net assets despite revenue fluctuations in previous years.
Frequently Asked Questions about Free For Life International
Is Free For Life International a legitimate charity?
Free For Life International (EIN: 205678362) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 70/100. It has 14 years of IRS 990 filings on record. Total revenue: $70K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Free For Life International spend its money?
Free For Life International directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Free For Life International tax-deductible?
Free For Life International is registered as a tax-exempt nonprofit (EIN: 205678362). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Free For Life International's spending goes to programs?
Free For Life International directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Free For Life International compare to similar nonprofits?
With a transparency score of 70/100 (Good), Free For Life International is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Free For Life International located?
Free For Life International is headquartered in Franklin, Tennessee and files with the IRS under EIN 205678362. It is classified under NTEE code B60.
How many years of IRS 990 filings does Free For Life International have?
Free For Life International has 14 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 $70K in total revenue.
Is Free For Life International financially stable given the recent deficit?
The organization experienced a significant deficit in 202306, with expenses ($169,355) far exceeding revenue ($70,269). This raises concerns about its short-term financial stability, especially compared to previous years where revenue often exceeded expenses.
How does the organization fund its operations without officer compensation?
The consistent 0% officer compensation suggests that leadership may be volunteer-based or compensated through other means not classified as officer compensation, allowing more funds to be directed towards programs and operations.
What caused the substantial drop in revenue from $372,739 in 202206 to $70,269 in 202306?
The provided data does not specify the reasons for this drastic decline in revenue. It could be due to a decrease in donations, grants, or other funding sources, which would warrant further investigation.
Filing History
IRS 990 filing history for Free For Life International showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Free For Life International's revenue has declined by 56.8%, moving from $163K to $70K. Total assets increased by 58.3% over the same period, from $34K to $54K. Total functional expenses rose by 28.7%, from $132K to $169K. In its most recent filing year (2023), Free For Life International reported a deficit of $99K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $70K | $169K | $54K | $0 | — | View 990 |
| 2022 | $373K | $345K | $161K | $8K | — | View 990 |
| 2021 | $359K | $328K | $130K | $5K | — | View 990 |
| 2020 | $264K | $224K | $128K | $34K | — | View 990 |
| 2019 | $153K | $174K | $55K | $3K | — | View 990 |
| 2019 | $153K | $174K | $58K | $3K | — | View 990 |
| 2018 | $76K | $11K | $81K | $2K | — | View 990 |
| 2017 | $192K | $209K | $81K | $2K | — | View 990 |
| 2016 | $192K | $202K | $99K | $394 | — | — |
| 2015 | $285K | $238K | $110K | $256 | — | View 990 |
| 2014 | $155K | $129K | $83K | $27K | — | View 990 |
| 2013 | $123K | $160K | $41K | $11K | — | View 990 |
| 2012 | $171K | $148K | $57K | $0 | — | View 990 |
| 2011 | $163K | $132K | $34K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $70K, expenses of $169K, and assets of $54K (revenue -81.1% year-over-year).
- 2022: Revenue of $373K, expenses of $345K, and assets of $161K (revenue +3.9% year-over-year).
- 2021: Revenue of $359K, expenses of $328K, and assets of $130K (revenue +35.8% year-over-year).
- 2020: Revenue of $264K, expenses of $224K, and assets of $128K (revenue +72.6% year-over-year).
- 2019: Revenue of $153K, expenses of $174K, and assets of $55K (revenue +0.0% year-over-year).
- 2019: Revenue of $153K, expenses of $174K, and assets of $58K (revenue +101.7% year-over-year).
- 2018: Revenue of $76K, expenses of $11K, and assets of $81K (revenue -60.5% year-over-year).
- 2017: Revenue of $192K, expenses of $209K, and assets of $81K (revenue +0.0% year-over-year).
- 2016: Revenue of $192K, expenses of $202K, and assets of $99K (revenue -32.6% year-over-year).
- 2015: Revenue of $285K, expenses of $238K, and assets of $110K (revenue +83.5% year-over-year).
- 2014: Revenue of $155K, expenses of $129K, and assets of $83K (revenue +25.9% year-over-year).
- 2013: Revenue of $123K, expenses of $160K, and assets of $41K (revenue -28.1% year-over-year).
- 2012: Revenue of $171K, expenses of $148K, and assets of $57K (revenue +5.2% year-over-year).
- 2011: Revenue of $163K, expenses of $132K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Free For Life International:
Data Sources and Methodology
This transparency report for Free For Life International 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.