Journey For Life
EIN: 812634628 · Durham, NC · NTEE: P46
| Metric | Value |
|---|---|
| Total Revenue | $204K |
| Total Expenses | $241K |
| Net Assets | $15K |
Is Journey 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 Journey For Life
Journey For Life (EIN: 812634628) is a nonprofit organization based in Durham, NC, classified under NTEE code P46. The organization reported total revenue of $204K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Journey For Life's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Journey For Life is a small nonprofit that has been operating for 10 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $207K |
| Total Expenses | $241K |
| Surplus / Deficit | $-33,759 |
| Total Assets | $16K |
| Total Liabilities | $1K |
| Net Assets | $15K |
| Operating Margin | -16.3% |
| Debt-to-Asset Ratio | 6.2% |
| Months of Reserves | 0.8 months |
Financial Health Grade: C
In 2023, Journey For Life reported a deficit of $34K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 6.2% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Journey For Life's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.9% | +5.5% | -67.1% |
| 2022 | +20.7% | +16.3% | +24.7% |
| 2021 | +13.6% | +20.8% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Journey 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 Journey 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.2%.
Frequently Asked Questions about Journey For Life
Is Journey For Life a legitimate charity?
Based on AI analysis of IRS 990 filings, Journey For Life (EIN: 812634628) insufficient data. 0 red flags identified, 0 strengths noted.
How does Journey For Life spend its money?
Detailed spending breakdown data is not yet available for Journey For Life. Check back for updated IRS 990 analysis.
Are donations to Journey For Life tax-deductible?
Journey For Life is registered as a tax-exempt nonprofit (EIN: 812634628). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Journey For Life located?
Journey For Life is headquartered in Durham, North Carolina and files with the IRS under EIN 812634628. It is classified under NTEE code P46.
How many years of IRS 990 filings does Journey For Life have?
Journey For Life has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $204K in total revenue.
Filing History
IRS 990 filing history for Journey For Life showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Journey For Life's revenue has grown by 19.5%, moving from $174K to $207K. Total assets decreased by 58.2% over the same period, from $38K to $16K. Total functional expenses rose by 48.3%, from $163K to $241K. In its most recent filing year (2023), Journey For Life reported a deficit of $34K, with expenses exceeding revenue. The organization holds $1K in liabilities against $16K in assets (debt-to-asset ratio: 6.2%), resulting in net assets of $15K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $207K | $241K | $16K | $1K | — | — |
| 2022 | $238K | $229K | $49K | $0 | — | — |
| 2021 | $197K | $197K | $39K | $0 | — | View 990 |
| 2020 | $174K | $163K | $38K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $207K, expenses of $241K, and assets of $16K (revenue -12.9% year-over-year).
- 2022: Revenue of $238K, expenses of $229K, and assets of $49K (revenue +20.7% year-over-year).
- 2021: Revenue of $197K, expenses of $197K, and assets of $39K (revenue +13.6% year-over-year).
- 2020: Revenue of $174K, expenses of $163K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Journey For Life:
Data Sources and Methodology
This transparency report for Journey 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.