Levity Impact Charitable Foundation
Levity Impact Charitable Foundation maintains strong assets and zero executive compensation amidst fluctuating revenues.
EIN: 203577274 · Scottsdale, AZ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $217K |
| Total Expenses | $69K |
| Program Spending | 75% |
| Net Assets | $754K |
| Transparency Score | 85/100 |
Is Levity Impact Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Levity Impact Charitable Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Levity Impact Charitable Foundation
Levity Impact Charitable Foundation (EIN: 203577274) is a nonprofit organization based in Scottsdale, AZ, classified under NTEE code T20. The organization reported total revenue of $217K and total assets of $716K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Levity Impact Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Levity Impact Charitable Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $69K |
| Surplus / Deficit | +$242 |
| Total Assets | $754K |
| Total Liabilities | $1 |
| Net Assets | $754K |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 131.4 months |
Financial Health Grade: A
In 2023, Levity Impact Charitable Foundation reported a surplus of $242 with revenue exceeding expenses, holds 131.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Levity Impact Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.8% | -31.9% | +0.7% |
| 2022 | -47.6% | +31.6% | -5.6% |
| 2021 | +107.8% | -6.5% | +4.0% |
| 2020 | -29.8% | +3.8% | -3.8% |
| 2019 | +20.8% | +17.1% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Levity Impact Charitable 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Levity Impact Charitable Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 surplus of $242, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Levity Impact Charitable Foundation consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly commendable for a nonprofit 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 Levity Impact Charitable Foundation's IRS 990 filings:
- Lack of detailed expense breakdown in public filings (e.g., program vs. admin vs. fundraising) makes full efficiency assessment difficult.
Strengths
The following positive indicators were identified for Levity Impact Charitable Foundation:
- Consistent reporting of 0% officer compensation, indicating high transparency and dedication of funds to mission.
- Strong and stable asset base (consistently over $700,000) relative to annual revenue and expenses, demonstrating financial resilience.
- Minimal liabilities reported across all filings, indicating sound financial management and low debt risk.
- Long filing history (10 filings) suggests consistent compliance and operational longevity.
Frequently Asked Questions about Levity Impact Charitable Foundation
Is Levity Impact Charitable Foundation a legitimate charity?
Levity Impact Charitable Foundation (EIN: 203577274) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $217K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Levity Impact Charitable Foundation spend its money?
Levity Impact Charitable Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Levity Impact Charitable Foundation tax-deductible?
Levity Impact Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 203577274). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Levity Impact Charitable Foundation's spending goes to programs?
Levity Impact Charitable Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Levity Impact Charitable Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Levity Impact Charitable Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Levity Impact Charitable Foundation located?
Levity Impact Charitable Foundation is headquartered in Scottsdale, Arizona and files with the IRS under EIN 203577274. It is classified under NTEE code T20.
How many years of IRS 990 filings does Levity Impact Charitable Foundation have?
Levity Impact Charitable Foundation has 10 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 $217K in total revenue.
Is Levity Impact Charitable Foundation a good charity?
Based on the available data, Levity Impact Charitable Foundation appears to be a well-managed charity with strong financial stability (assets consistently over $700,000) and excellent transparency regarding executive compensation (0%). However, a detailed breakdown of program spending versus administrative and fundraising costs would provide a more complete picture of its efficiency.
How has Levity Impact Charitable Foundation's revenue trended over the past decade?
Levity Impact Charitable Foundation's revenue has fluctuated significantly over the past decade, ranging from a low of $13,329 in 2011 to a high of $107,462 in 2021, and most recently $69,132 in 2023. Despite these fluctuations, the organization has maintained a strong asset base.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings, indicating a commitment to not paying executive salaries and directing all funds towards its charitable activities.
Does Levity Impact Charitable Foundation have significant liabilities?
No, Levity Impact Charitable Foundation consistently reports minimal liabilities, often $1 or $0, across all available filings, indicating a very low debt burden and strong financial health.
Filing History
IRS 990 filing history for Levity Impact Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Levity Impact Charitable Foundation's revenue has grown by 418.7%, moving from $13K to $69K. Total assets decreased by 12.7% over the same period, from $864K to $754K. Total functional expenses rose by 1.1%, from $68K to $69K. In its most recent filing year (2023), Levity Impact Charitable Foundation reported a surplus of $242, with revenue exceeding expenses. The organization holds $1 in liabilities against $754K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $754K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $69K | $754K | $1 | — | View 990 |
| 2022 | $56K | $101K | $749K | $1 | — | View 990 |
| 2021 | $107K | $77K | $794K | $1 | — | View 990 |
| 2020 | $52K | $82K | $763K | $1 | — | — |
| 2019 | $74K | $79K | $794K | $1 | — | View 990 |
| 2015 | $61K | $68K | $787K | $0 | — | View 990 |
| 2014 | $59K | $64K | $794K | $0 | — | View 990 |
| 2013 | $35K | $64K | $799K | $0 | — | View 990 |
| 2012 | $20K | $56K | $828K | $0 | — | View 990 |
| 2011 | $13K | $68K | $864K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $69K, and assets of $754K (revenue +22.8% year-over-year).
- 2022: Revenue of $56K, expenses of $101K, and assets of $749K (revenue -47.6% year-over-year).
- 2021: Revenue of $107K, expenses of $77K, and assets of $794K (revenue +107.8% year-over-year).
- 2020: Revenue of $52K, expenses of $82K, and assets of $763K (revenue -29.8% year-over-year).
- 2019: Revenue of $74K, expenses of $79K, and assets of $794K (revenue +20.8% year-over-year).
- 2015: Revenue of $61K, expenses of $68K, and assets of $787K (revenue +3.4% year-over-year).
- 2014: Revenue of $59K, expenses of $64K, and assets of $794K (revenue +66.8% year-over-year).
- 2013: Revenue of $35K, expenses of $64K, and assets of $799K (revenue +78.3% year-over-year).
- 2012: Revenue of $20K, expenses of $56K, and assets of $828K (revenue +48.8% year-over-year).
- 2011: Revenue of $13K, expenses of $68K, and assets of $864K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Levity Impact Charitable Foundation:
Data Sources and Methodology
This transparency report for Levity Impact Charitable 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.