Functional Life Achievement Inc
Functional Life Achievement Inc consistently allocates over 80% of expenses to programs with no reported officer compensation.
EIN: 113270191 · New York, NY · NTEE: P80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.8M |
| Total Expenses | $10.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $9 |
| Net Assets | $28.9M |
| Transparency Score | 90/100 |
Is Functional Life Achievement Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Functional Life Achievement Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Functional Life Achievement Inc
Functional Life Achievement Inc (EIN: 113270191) is a nonprofit organization based in New York, NY, classified under NTEE code P80. The organization reported total revenue of $9.8M and total assets of $27.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Functional Life Achievement Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Functional Life Achievement Inc is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.2M |
| Total Expenses | $10.7M |
| Surplus / Deficit | $-480,340 |
| Total Assets | $28.9M |
| Total Liabilities | $45K |
| Net Assets | $28.9M |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 32.4 months |
Financial Health Grade: B
In 2023, Functional Life Achievement Inc reported a deficit of $480K with expenses exceeding revenue, holds 32.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Functional Life Achievement Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.3% | +9.4% | -1.7% |
| 2022 | -16.2% | +0.6% | -1.8% |
| 2021 | +3.1% | -6.7% | +1.9% |
| 2020 | -20.8% | -14.9% | +3.4% |
| 2019 | +0.5% | -0.9% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Functional Life Achievement Inc with a Mission Score of 90 out of 100 (Excellent). 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, Functional Life Achievement 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 $480K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues exceeding $9 million. This suggests either a fully volunteer leadership or that compensation is categorized differently, which could impact the full picture of executive costs.
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 Functional Life Achievement Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is atypical for an organization of this size and could obscure actual leadership compensation.
Strengths
The following positive indicators were identified for Functional Life Achievement Inc:
- Strong program spending ratio, consistently over 80% of total expenses (e.g., 85% in 2023).
- Healthy and growing asset base, reaching $28,913,467 in 2023.
- Very low liabilities relative to assets, indicating strong financial stability (e.g., $44,603 in liabilities vs. $28,913,467 in assets in 2023).
- Consistent financial reporting over a long period (13 filings), demonstrating transparency in filing.
Frequently Asked Questions about Functional Life Achievement Inc
Is Functional Life Achievement Inc a legitimate charity?
Functional Life Achievement Inc (EIN: 113270191) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.8M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Functional Life Achievement Inc spend its money?
Functional Life Achievement Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Functional Life Achievement Inc tax-deductible?
Functional Life Achievement Inc is registered as a tax-exempt nonprofit (EIN: 113270191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Functional Life Achievement Inc CEO make?
Functional Life Achievement Inc's highest-compensated officer earns $9 annually. The organization reported $9.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Functional Life Achievement Inc's spending goes to programs?
Functional Life Achievement Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Functional Life Achievement Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Functional Life Achievement Inc is above average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Functional Life Achievement Inc located?
Functional Life Achievement Inc is headquartered in New York, New York and files with the IRS under EIN 113270191. It is classified under NTEE code P80.
How many years of IRS 990 filings does Functional Life Achievement Inc have?
Functional Life Achievement Inc has 13 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 $9.8M in total revenue.
How does Functional Life Achievement Inc manage to operate with zero reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that the organization's leadership is entirely volunteer-based, or that compensation for key management personnel is reported under other expense categories, such as salaries for program or administrative staff, rather than specifically as officer compensation. Further inquiry into their compensation policies would be beneficial.
What is the primary source of Functional Life Achievement Inc's revenue?
While the filings provide total revenue, they do not detail the specific breakdown of revenue sources (e.g., government grants, contributions, program service fees). Understanding the primary sources would offer insight into funding stability and diversification.
Does the organization have a robust fundraising strategy given its consistent revenue levels?
The organization's revenue has been relatively stable, fluctuating between $9M and $13M. A detailed look at fundraising expenses and contributions would clarify the effectiveness and scale of their fundraising efforts.
Filing History
IRS 990 filing history for Functional Life Achievement Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Functional Life Achievement Inc's revenue has grown by 2.9%, moving from $9.9M to $10.2M. Total assets increased by 46.1% over the same period, from $19.8M to $28.9M. Total functional expenses rose by 41.7%, from $7.6M to $10.7M. In its most recent filing year (2023), Functional Life Achievement Inc reported a deficit of $480K, with expenses exceeding revenue. The organization holds $45K in liabilities against $28.9M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $28.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.2M | $10.7M | $28.9M | $45K | — | — |
| 2022 | $9.3M | $9.8M | $29.4M | $64K | — | — |
| 2021 | $11.1M | $9.7M | $30.0M | $96K | — | View 990 |
| 2020 | $10.7M | $10.4M | $29.4M | $871K | — | — |
| 2019 | $13.5M | $12.2M | $28.4M | $212K | — | View 990 |
| 2018 | $13.5M | $12.4M | $27.1M | $140K | — | View 990 |
| 2017 | $11.9M | $11.2M | $25.9M | $19K | — | View 990 |
| 2016 | $10.4M | $9.5M | $25.1M | $10K | — | View 990 |
| 2015 | $10.6M | $10.0M | $24.2M | $56K | — | View 990 |
| 2014 | $8.2M | $7.7M | $23.5M | $31K | — | View 990 |
| 2013 | $9.3M | $8.3M | $23.0M | $33K | — | View 990 |
| 2012 | $9.2M | $7.1M | $22.0M | $34K | — | View 990 |
| 2011 | $9.9M | $7.6M | $19.8M | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.2M, expenses of $10.7M, and assets of $28.9M (revenue +10.3% year-over-year).
- 2022: Revenue of $9.3M, expenses of $9.8M, and assets of $29.4M (revenue -16.2% year-over-year).
- 2021: Revenue of $11.1M, expenses of $9.7M, and assets of $30.0M (revenue +3.1% year-over-year).
- 2020: Revenue of $10.7M, expenses of $10.4M, and assets of $29.4M (revenue -20.8% year-over-year).
- 2019: Revenue of $13.5M, expenses of $12.2M, and assets of $28.4M (revenue +0.5% year-over-year).
- 2018: Revenue of $13.5M, expenses of $12.4M, and assets of $27.1M (revenue +12.7% year-over-year).
- 2017: Revenue of $11.9M, expenses of $11.2M, and assets of $25.9M (revenue +14.6% year-over-year).
- 2016: Revenue of $10.4M, expenses of $9.5M, and assets of $25.1M (revenue -1.3% year-over-year).
- 2015: Revenue of $10.6M, expenses of $10.0M, and assets of $24.2M (revenue +28.4% year-over-year).
- 2014: Revenue of $8.2M, expenses of $7.7M, and assets of $23.5M (revenue -11.5% year-over-year).
- 2013: Revenue of $9.3M, expenses of $8.3M, and assets of $23.0M (revenue +0.6% year-over-year).
- 2012: Revenue of $9.2M, expenses of $7.1M, and assets of $22.0M (revenue -7.0% year-over-year).
- 2011: Revenue of $9.9M, expenses of $7.6M, and assets of $19.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Functional Life Achievement Inc:
Data Sources and Methodology
This transparency report for Functional Life Achievement 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.