Life Is For Giving Foundation
EIN: 471659758 · Bountiful, UT
| Metric | Value |
|---|---|
| Total Expenses | $24K |
| Net Assets | $2K |
Is Life Is For Giving Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Life Is For Giving Foundation
Life Is For Giving Foundation (EIN: 471659758) is a nonprofit organization based in Bountiful, UT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Life Is For Giving Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Life Is For Giving Foundation is a micro nonprofit, with 2 years of IRS 990 filings on record (2014–2015). Revenue has grown at a compound annual rate of 3239.2%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $24K |
| Surplus / Deficit | +$2K |
| Total Assets | $3K |
| Total Liabilities | $1K |
| Net Assets | $2K |
| Operating Margin | 8.1% |
| Debt-to-Asset Ratio | 44.4% |
| Months of Reserves | 1.4 months |
Financial Health Grade: A
In 2015, Life Is For Giving Foundation reported a surplus of $2K with revenue exceeding expenses, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 44.4% (moderate leverage).
Financial Trends
Over 2 years of filings (2014–2015), Life Is For Giving Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3239.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +3239.2% | +1662.6% | +450.5% |
AI Analysis Pending
AI enrichment for Life Is For Giving Foundation 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 Life Is For Giving Foundation 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.4%.
Frequently Asked Questions about Life Is For Giving Foundation
Is Life Is For Giving Foundation a legitimate charity?
Life Is For Giving Foundation (EIN: 471659758) is a registered tax-exempt nonprofit based in Utah. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Life Is For Giving Foundation spend its money?
Life Is For Giving Foundation reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Life Is For Giving Foundation tax-deductible?
Life Is For Giving Foundation is registered as a tax-exempt nonprofit (EIN: 471659758). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Life Is For Giving Foundation located?
Life Is For Giving Foundation is headquartered in Bountiful, Utah and files with the IRS under EIN 471659758.
How many years of IRS 990 filings does Life Is For Giving Foundation have?
Life Is For Giving Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Life Is For Giving Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2014–2015), Life Is For Giving Foundation's revenue has grown by 3239.2%, moving from $775 to $26K. Total assets increased by 450.5% over the same period, from $499 to $3K. Total functional expenses rose by 1662.6%, from $1K to $24K. In its most recent filing year (2015), Life Is For Giving Foundation reported a surplus of $2K, with revenue exceeding expenses. The organization holds $1K in liabilities against $3K in assets (debt-to-asset ratio: 44.4%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $26K | $24K | $3K | $1K | — | View 990 |
| 2014 | $775 | $1K | $499 | $1K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Life Is For Giving Foundation:
Data Sources and Methodology
This transparency report for Life Is For Giving 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.