H2 O For Life
EIN: 260338552 · White Bear Lake, MN · NTEE: Q30
Is H2 O For Life Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About H2 O For Life
H2 O For Life (EIN: 260338552) is a nonprofit organization based in White Bear Lake, MN, classified under NTEE code Q30. The organization reported total revenue of $1.2M and total assets of $479K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of H2 O For Life's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
H2 O For Life is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $696K |
| Total Expenses | $865K |
| Surplus / Deficit | $-168,719 |
| Total Assets | $104K |
| Total Liabilities | $57K |
| Net Assets | $46K |
| Operating Margin | -24.2% |
| Debt-to-Asset Ratio | 55.2% |
| Months of Reserves | 1.4 months |
Financial Health Grade: D
In 2024, H2 O For Life reported a deficit of $169K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 55.2% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), H2 O For Life's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.4% | -14.2% | -61.1% |
| 2023 | -36.0% | -2.6% | -58.3% |
| 2022 | +57.2% | +17.0% | -16.4% |
| 2021 | -26.3% | +4.9% | -20.1% |
| 2020 | +1.4% | -2.5% | +5.9% |
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 Analysis Pending
AI enrichment for H2 O For Life 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 H2 O For Life 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $169K, with expenses exceeding revenue.
- Debt-to-asset ratio: 55.2%.
Frequently Asked Questions about H2 O For Life
Is H2 O For Life a legitimate charity?
Based on AI analysis of IRS 990 filings, H2 O For Life (EIN: 260338552) insufficient data. 0 red flags identified, 0 strengths noted.
How does H2 O For Life spend its money?
Detailed spending breakdown data is not yet available for H2 O For Life. Check back for updated IRS 990 analysis.
Are donations to H2 O For Life tax-deductible?
H2 O For Life is registered as a tax-exempt nonprofit (EIN: 260338552). 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 H2 O For Life showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), H2 O For Life's revenue has declined by 5%, moving from $732K to $696K. Total assets decreased by 51.3% over the same period, from $213K to $104K. Total functional expenses rose by 10.1%, from $785K to $865K. In its most recent filing year (2024), H2 O For Life reported a deficit of $169K, with expenses exceeding revenue. The organization holds $57K in liabilities against $104K in assets (debt-to-asset ratio: 55.2%), resulting in net assets of $46K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $696K | $865K | $104K | $57K | — | — |
| 2023 | $680K | $1.0M | $266K | $51K | — | View 990 |
| 2022 | $1.1M | $1.0M | $639K | $97K | — | View 990 |
| 2021 | $676K | $884K | $764K | $246K | — | — |
| 2020 | $917K | $843K | $957K | $230K | — | View 990 |
| 2019 | $905K | $865K | $903K | $251K | — | View 990 |
| 2018 | $872K | $876K | $852K | $240K | — | View 990 |
| 2017 | $799K | $675K | $843K | $226K | — | View 990 |
| 2016 | $861K | $764K | $752K | $260K | — | View 990 |
| 2015 | $1.1M | $849K | $634K | $238K | — | View 990 |
| 2014 | $595K | $639K | $379K | $189K | — | View 990 |
| 2013 | $832K | $713K | $465K | $231K | — | View 990 |
| 2012 | $836K | $797K | $415K | $299K | — | View 990 |
| 2011 | $732K | $785K | $213K | $136K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $696K, expenses of $865K, and assets of $104K (revenue +2.4% year-over-year).
- 2023: Revenue of $680K, expenses of $1.0M, and assets of $266K (revenue -36.0% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.0M, and assets of $639K (revenue +57.2% year-over-year).
- 2021: Revenue of $676K, expenses of $884K, and assets of $764K (revenue -26.3% year-over-year).
- 2020: Revenue of $917K, expenses of $843K, and assets of $957K (revenue +1.4% year-over-year).
- 2019: Revenue of $905K, expenses of $865K, and assets of $903K (revenue +3.7% year-over-year).
- 2018: Revenue of $872K, expenses of $876K, and assets of $852K (revenue +9.2% year-over-year).
- 2017: Revenue of $799K, expenses of $675K, and assets of $843K (revenue -7.2% year-over-year).
- 2016: Revenue of $861K, expenses of $764K, and assets of $752K (revenue -18.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $849K, and assets of $634K (revenue +77.1% year-over-year).
- 2014: Revenue of $595K, expenses of $639K, and assets of $379K (revenue -28.5% year-over-year).
- 2013: Revenue of $832K, expenses of $713K, and assets of $465K (revenue -0.5% year-over-year).
- 2012: Revenue of $836K, expenses of $797K, and assets of $415K (revenue +14.2% year-over-year).
- 2011: Revenue of $732K, expenses of $785K, and assets of $213K.
Data Sources and Methodology
This transparency report for H2 O For 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.