Just Keep Livin Foundation

Just Keep Livin Foundation shows strong revenue growth and asset accumulation with no reported officer compensation.

EIN: 203921057 · Sherman Oaks, CA · NTEE: T20 · Updated: 2026-03-28

$17.7MRevenue

$16.8MAssets

85/100Mission Score (Excellent)

T20

About Just Keep Livin Foundation

Just Keep Livin Foundation (EIN: 203921057) is a nonprofit organization based in Sherman Oaks, CA, classified under NTEE code T20. The organization reported total revenue of $17.7M and total assets of $16.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Just Keep Livin Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Just Keep Livin Foundation demonstrates a generally healthy financial position with consistent revenue growth over the past decade, culminating in $7,496,134 in revenue and $12,471,896 in assets in the 2023 fiscal period. The organization has maintained a strong asset base relative to its liabilities, indicating good financial stability. Their spending efficiency appears robust, with expenses consistently lower than revenue in recent years, allowing for asset accumulation. For instance, in 2023, expenses were $4,505,428 against $7,496,134 in revenue.

However, a notable aspect of their transparency is the consistent reporting of 0% officer compensation across all available filings. While this could indicate a highly volunteer-driven leadership or compensation being covered by other entities, it warrants further investigation to fully understand the operational structure and ensure all relevant financial details are transparently disclosed. The NTEE code T20 (Youth Development, Services, and Recreation) aligns with their stated mission, and the financial data suggests they are actively engaged in program delivery.

Overall, the foundation exhibits strong financial management with a healthy balance sheet and positive net income trends. The primary area for enhanced transparency would be a clearer explanation of how leadership is compensated or supported, given the consistent 0% officer compensation reported, especially for an organization with significant revenue and assets.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Just Keep Livin Foundation with a Mission Score of 85 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, Just Keep Livin Foundation 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization with annual revenues in the millions and suggests that executive leadership may be uncompensated volunteers or compensated through other means not reflected in these specific line items.

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 Just Keep Livin Foundation's IRS 990 filings:

Consistent 0% officer compensation reported, which may obscure actual leadership compensation or operational structure.

Strengths

The following positive indicators were identified for Just Keep Livin Foundation:

Strong revenue growth over the past decade, from $260,477 in 2011 to $7,496,134 in 2023.
Healthy asset base ($12,471,896 in 2023) significantly exceeding liabilities ($157,739 in 2023), indicating strong financial stability.
Consistent positive net income (revenue exceeding expenses) in recent years, demonstrating effective financial management.
Low liabilities relative to assets, suggesting minimal financial risk.

Frequently Asked Questions about Just Keep Livin Foundation

How does the Just Keep Livin Foundation compensate its leadership, given the consistent 0% officer compensation reported on its 990s?

The IRS 990 filings consistently show 0% officer compensation. This could mean that the officers are uncompensated volunteers, or their compensation is covered by a related entity or through other mechanisms not reported in this specific section of the 990. Further inquiry into their operational structure and related party transactions would be necessary for a complete understanding.

What is the primary driver of the significant revenue fluctuations observed, such as the drop from $10,310,649 in 2021 to $5,272,128 in 2022, and then a rebound to $7,496,134 in 2023?

The revenue fluctuations could be attributed to various factors such as the timing and success of major fundraising events, large one-time donations, or changes in grant funding cycles. Without detailed breakdowns of revenue sources, it's difficult to pinpoint the exact cause, but it's not uncommon for nonprofits to experience year-to-year variations based on these factors.

Is the Just Keep Livin Foundation financially stable?

Yes, the foundation appears financially stable. Its assets have consistently grown, reaching $12,471,896 in 2023, significantly outweighing its liabilities of $157,739. The organization has also consistently generated more revenue than expenses in recent years, indicating sound financial management and the ability to build reserves.

Filing History

IRS 990 filing history for Just Keep Livin Foundation showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2011–2023), Just Keep Livin Foundation's revenue has grown by 2777.8%, moving from $260K to $7.5M. Total assets increased by 573.6% over the same period, from $1.9M to $12.5M. Total functional expenses rose by 909.5%, from $446K to $4.5M. In its most recent filing year (2023), Just Keep Livin Foundation reported a surplus of $3.0M, with revenue exceeding expenses. The organization holds $158K in liabilities against $12.5M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $12.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$7.5M	$4.5M	$12.5M	$158K	—	—
2022	$5.3M	$4.3M	$9.0M	$141K	—	View 990
2021	$10.3M	$8.6M	$9.1M	$105K	—	View 990
2014	$2.3M	$1.0M	$3.1M	$234	—	View 990
2013	$970K	$905K	$1.8M	$1	—	View 990
2012	$712K	$813K	$1.7M	$1	—	View 990
2011	$260K	$446K	$1.9M	$29K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $7.5M, expenses of $4.5M, and assets of $12.5M (revenue +42.2% year-over-year).
2022: Revenue of $5.3M, expenses of $4.3M, and assets of $9.0M (revenue -48.9% year-over-year).
2021: Revenue of $10.3M, expenses of $8.6M, and assets of $9.1M (revenue +346.5% year-over-year).
2014: Revenue of $2.3M, expenses of $1.0M, and assets of $3.1M (revenue +138.0% year-over-year).
2013: Revenue of $970K, expenses of $905K, and assets of $1.8M (revenue +36.3% year-over-year).
2012: Revenue of $712K, expenses of $813K, and assets of $1.7M (revenue +173.3% year-over-year).
2011: Revenue of $260K, expenses of $446K, and assets of $1.9M.

Data Sources and Methodology

This transparency report for Just Keep Livin Foundation 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.