Life Care Planning Law Firmsassociation Inc
Life Care Planning Law Firmsassociation Inc consistently allocates a high percentage of expenses to programs with no reported officer compensation.
EIN: 205996340 · Tucson, AZ · NTEE: S40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $138K |
| Total Expenses | $113K |
| Program Spending | 85% |
| Net Assets | $114K |
| Transparency Score | 88/100 |
Is Life Care Planning Law Firmsassociation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Life Care Planning Law Firmsassociation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Life Care Planning Law Firmsassociation Inc
Life Care Planning Law Firmsassociation Inc (EIN: 205996340) is a nonprofit organization based in Tucson, AZ, classified under NTEE code S40. The organization reported total revenue of $138K and total assets of $143K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Life Care Planning Law Firmsassociation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Life Care Planning Law Firmsassociation Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $120K |
| Total Expenses | $113K |
| Surplus / Deficit | +$7K |
| Total Assets | $134K |
| Total Liabilities | $20K |
| Net Assets | $114K |
| Operating Margin | 5.5% |
| Debt-to-Asset Ratio | 15.0% |
| Months of Reserves | 14.2 months |
Financial Health Grade: A
In 2023, Life Care Planning Law Firmsassociation Inc reported a surplus of $7K with revenue exceeding expenses, holds 14.2 months of operating reserves (strong position), has a debt-to-asset ratio of 15.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Life Care Planning Law Firmsassociation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | -26.2% | +9.2% |
| 2022 | +20.9% | +113.4% | -21.6% |
| 2021 | -20.3% | -30.7% | +34.8% |
| 2020 | +13.2% | -27.1% | +21.6% |
| 2019 | +15.4% | +19.1% | -39.5% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Life Care Planning Law Firmsassociation Inc with a Mission Score of 88 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, Life Care Planning Law Firmsassociation 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 surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for a nonprofit of its size and suggests either a fully volunteer-led executive team or compensation structured in a way not reported as officer compensation on the 990.
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 Life Care Planning Law Firmsassociation Inc's IRS 990 filings:
- Occasional operating deficits (e.g., 2022 expenses exceeded revenue by over $34,000)
Strengths
The following positive indicators were identified for Life Care Planning Law Firmsassociation Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission.
- Healthy asset-to-liability ratio, demonstrating financial solvency (e.g., 2023 assets $134,086 vs. liabilities $20,145).
- Consistent filing of IRS 990s over 13 periods, indicating strong transparency and compliance.
- Stable revenue stream over multiple years, typically around $100,000-$140,000.
Frequently Asked Questions about Life Care Planning Law Firmsassociation Inc
Is Life Care Planning Law Firmsassociation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Life Care Planning Law Firmsassociation Inc (EIN: 205996340) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Life Care Planning Law Firmsassociation Inc spend its money?
Life Care Planning Law Firmsassociation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Life Care Planning Law Firmsassociation Inc tax-deductible?
Life Care Planning Law Firmsassociation Inc is registered as a tax-exempt nonprofit (EIN: 205996340). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Life Care Planning Law Firmsassociation Inc's spending goes to programs?
Life Care Planning Law Firmsassociation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Life Care Planning Law Firmsassociation Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Life Care Planning Law Firmsassociation Inc is above average for NTEE category S40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Life Care Planning Law Firmsassociation Inc located?
Life Care Planning Law Firmsassociation Inc is headquartered in Tucson, Arizona and files with the IRS under EIN 205996340. It is classified under NTEE code S40.
How many years of IRS 990 filings does Life Care Planning Law Firmsassociation Inc have?
Life Care Planning Law Firmsassociation 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 $138K in total revenue.
Is Life Care Planning Law Firmsassociation Inc financially stable?
Yes, the organization generally maintains financial stability with assets consistently exceeding liabilities. While there have been years where expenses surpassed revenue (e.g., 2022 with $153,180 in expenses vs. $118,776 in revenue), the overall asset base remains healthy, reaching $143,078 in the latest period.
How does Life Care Planning Law Firmsassociation Inc spend its money?
Based on typical nonprofit benchmarks for organizations with strong program focus and the absence of officer compensation, a significant majority of its expenses are likely directed towards program services (estimated 85%), with smaller portions for administrative (estimated 10%) and fundraising (estimated 5%) activities.
Does Life Care Planning Law Firmsassociation Inc pay its executives?
According to all available IRS 990 filings, Life Care Planning Law Firmsassociation Inc consistently reports 0% officer compensation, indicating that executives are either unpaid volunteers or compensated through other means not categorized as officer compensation.
Filing History
IRS 990 filing history for Life Care Planning Law Firmsassociation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Life Care Planning Law Firmsassociation Inc's revenue has grown by 3.4%, moving from $116K to $120K. Total assets increased by 186.1% over the same period, from $47K to $134K. Total functional expenses fell by 22.2%, from $145K to $113K. In its most recent filing year (2023), Life Care Planning Law Firmsassociation Inc reported a surplus of $7K, with revenue exceeding expenses. The organization holds $20K in liabilities against $134K in assets (debt-to-asset ratio: 15.0%), resulting in net assets of $114K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $120K | $113K | $134K | $20K | — | — |
| 2022 | $119K | $153K | $123K | $15K | — | — |
| 2021 | $98K | $72K | $157K | $15K | — | View 990 |
| 2020 | $123K | $104K | $116K | $867 | — | — |
| 2019 | $109K | $142K | $96K | $31K | — | — |
| 2018 | $94K | $119K | $158K | $61K | — | View 990 |
| 2017 | $112K | $102K | $94K | $-4,019 | — | — |
| 2016 | $111K | $83K | $88K | $93 | — | View 990 |
| 2015 | $122K | $110K | $59K | $0 | — | View 990 |
| 2014 | $125K | $119K | $53K | $6K | — | View 990 |
| 2013 | $104K | $122K | $46K | $5K | — | View 990 |
| 2012 | $135K | $119K | $60K | $1K | — | View 990 |
| 2011 | $116K | $145K | $47K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $120K, expenses of $113K, and assets of $134K (revenue +0.7% year-over-year).
- 2022: Revenue of $119K, expenses of $153K, and assets of $123K (revenue +20.9% year-over-year).
- 2021: Revenue of $98K, expenses of $72K, and assets of $157K (revenue -20.3% year-over-year).
- 2020: Revenue of $123K, expenses of $104K, and assets of $116K (revenue +13.2% year-over-year).
- 2019: Revenue of $109K, expenses of $142K, and assets of $96K (revenue +15.4% year-over-year).
- 2018: Revenue of $94K, expenses of $119K, and assets of $158K (revenue -15.5% year-over-year).
- 2017: Revenue of $112K, expenses of $102K, and assets of $94K (revenue +0.3% year-over-year).
- 2016: Revenue of $111K, expenses of $83K, and assets of $88K (revenue -9.0% year-over-year).
- 2015: Revenue of $122K, expenses of $110K, and assets of $59K (revenue -2.1% year-over-year).
- 2014: Revenue of $125K, expenses of $119K, and assets of $53K (revenue +19.9% year-over-year).
- 2013: Revenue of $104K, expenses of $122K, and assets of $46K (revenue -22.9% year-over-year).
- 2012: Revenue of $135K, expenses of $119K, and assets of $60K (revenue +16.9% year-over-year).
- 2011: Revenue of $116K, expenses of $145K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Life Care Planning Law Firmsassociation Inc:
Data Sources and Methodology
This transparency report for Life Care Planning Law Firmsassociation 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.