Life For Christ Karate Ministries Inc
Life For Christ Karate Ministries Inc consistently operates with a surplus and zero liabilities, showing steady asset growth.
EIN: 20783061 · South Bend, IN · NTEE: B990 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $105K |
| Total Expenses | $110K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $16K |
| Transparency Score | 85/100 |
Is Life For Christ Karate Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Life For Christ Karate Ministries Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Life For Christ Karate Ministries Inc
Life For Christ Karate Ministries Inc (EIN: 20783061) is a nonprofit organization based in South Bend, IN, classified under NTEE code B990. The organization reported total revenue of $105K and total assets of $21K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Life For Christ Karate Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Life For Christ Karate Ministries Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). 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 | $113K |
| Total Expenses | $110K |
| Surplus / Deficit | +$2K |
| Total Assets | $16K |
| Net Assets | $16K |
| Operating Margin | 2.1% |
| Months of Reserves | 1.8 months |
Financial Health Grade: A
In 2023, Life For Christ Karate Ministries Inc reported a surplus of $2K with revenue exceeding expenses, holds 1.8 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Life For Christ Karate Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.5% | +23.9% | +17.1% |
| 2022 | +33.4% | +34.8% | +11.5% |
| 2021 | -3.4% | +10.1% | +16.2% |
| 2020 | +13.5% | -1.6% | +926.5% |
| 2018 | -15.2% | -16.1% | +406.3% |
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 For Christ Karate Ministries Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Life For Christ Karate Ministries Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $2K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues around $100,000.
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 For Christ Karate Ministries Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided summary data, making precise efficiency calculations difficult.
Strengths
The following positive indicators were identified for Life For Christ Karate Ministries Inc:
- Consistent positive net income (revenue exceeding expenses), e.g., $2,365 surplus in 2023.
- Zero reported liabilities across all 12 filings, indicating strong financial stability and no debt.
- Steady and significant asset growth over the past decade, from $250 in 2013 to $16,176 in 2023.
- 0% officer compensation reported, suggesting highly efficient leadership and low administrative overhead.
- Consistent IRS 990 filing history (12 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Life For Christ Karate Ministries Inc
Is Life For Christ Karate Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Life For Christ Karate Ministries Inc (EIN: 20783061) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Life For Christ Karate Ministries Inc spend its money?
Life For Christ Karate Ministries Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Life For Christ Karate Ministries Inc tax-deductible?
Life For Christ Karate Ministries Inc is registered as a tax-exempt nonprofit (EIN: 20783061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Life For Christ Karate Ministries Inc CEO make?
Life For Christ Karate Ministries Inc's highest-compensated officer earns $100,000. annually. The organization reported $105K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Life For Christ Karate Ministries Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Life For Christ Karate Ministries Inc is above average for NTEE category B990 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Life For Christ Karate Ministries Inc located?
Life For Christ Karate Ministries Inc is headquartered in South Bend, Indiana and files with the IRS under EIN 20783061. It is classified under NTEE code B990.
How many years of IRS 990 filings does Life For Christ Karate Ministries Inc have?
Life For Christ Karate Ministries Inc has 12 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 $105K in total revenue.
Is Life For Christ Karate Ministries Inc a good charity?
Based on the available financial data, Life For Christ Karate Ministries Inc appears to be a well-managed and financially responsible charity. It consistently operates with a surplus, has no reported liabilities, and shows steady asset growth. The 0% officer compensation is a strong indicator of efficiency.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved. Revenues have grown from $55,552 in 2014 to $112,640 in 2023, and assets have increased significantly from $165 in 2014 to $16,176 in 2023, all while maintaining zero liabilities.
What is the organization's approach to executive compensation?
Life For Christ Karate Ministries Inc reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership model or that compensation is structured in a way that doesn't fall under 'officer compensation' on the 990-EZ, which is highly efficient for a nonprofit of this size.
Filing History
IRS 990 filing history for Life For Christ Karate Ministries Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Life For Christ Karate Ministries Inc's revenue has grown by 103.8%, moving from $55K to $113K. Total assets increased by 1456.9% over the same period, from $1K to $16K. Total functional expenses rose by 105.8%, from $54K to $110K. In its most recent filing year (2023), Life For Christ Karate Ministries Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $113K | $110K | $16K | $0 | — | View 990 |
| 2022 | $90K | $89K | $14K | $0 | — | View 990 |
| 2021 | $68K | $66K | $12K | $0 | — | — |
| 2020 | $70K | $60K | $11K | $0 | — | — |
| 2018 | $62K | $61K | $1K | $0 | — | View 990 |
| 2017 | $73K | $73K | $205 | $0 | — | View 990 |
| 2016 | $71K | $71K | $22 | $0 | — | View 990 |
| 2015 | $63K | $63K | $86 | $0 | — | View 990 |
| 2014 | $56K | $56K | $165 | $0 | — | View 990 |
| 2013 | $61K | $61K | $250 | $0 | — | View 990 |
| 2012 | $52K | $53K | $113 | $0 | — | View 990 |
| 2011 | $55K | $54K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113K, expenses of $110K, and assets of $16K (revenue +24.5% year-over-year).
- 2022: Revenue of $90K, expenses of $89K, and assets of $14K (revenue +33.4% year-over-year).
- 2021: Revenue of $68K, expenses of $66K, and assets of $12K (revenue -3.4% year-over-year).
- 2020: Revenue of $70K, expenses of $60K, and assets of $11K (revenue +13.5% year-over-year).
- 2018: Revenue of $62K, expenses of $61K, and assets of $1K (revenue -15.2% year-over-year).
- 2017: Revenue of $73K, expenses of $73K, and assets of $205 (revenue +2.4% year-over-year).
- 2016: Revenue of $71K, expenses of $71K, and assets of $22 (revenue +12.5% year-over-year).
- 2015: Revenue of $63K, expenses of $63K, and assets of $86 (revenue +13.8% year-over-year).
- 2014: Revenue of $56K, expenses of $56K, and assets of $165 (revenue -9.6% year-over-year).
- 2013: Revenue of $61K, expenses of $61K, and assets of $250 (revenue +18.6% year-over-year).
- 2012: Revenue of $52K, expenses of $53K, and assets of $113 (revenue -6.3% year-over-year).
- 2011: Revenue of $55K, expenses of $54K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Life For Christ Karate Ministries Inc:
Data Sources and Methodology
This transparency report for Life For Christ Karate Ministries 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.