Life More Abundantly
EIN: 852317741 · Phoenix, AZ · NTEE: E42
| Metric | Value |
|---|---|
| Total Revenue | $145K |
| Total Expenses | $256K |
| Net Assets | $90K |
Is Life More Abundantly Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Life More Abundantly
Life More Abundantly (EIN: 852317741) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code E42. The organization reported total revenue of $145K and total assets of $55K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Life More Abundantly's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Life More Abundantly is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $174K |
| Total Expenses | $256K |
| Surplus / Deficit | $-82,000 |
| Total Assets | $95K |
| Total Liabilities | $5K |
| Net Assets | $90K |
| Operating Margin | -47.0% |
| Debt-to-Asset Ratio | 5.0% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2023, Life More Abundantly reported a deficit of $82K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 5.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Life More Abundantly's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.7% | +32.4% | -45.6% |
| 2022 | +48.7% | +106.6% | -6.6% |
| 2021 | -22.7% | +10247.8% | +19.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Life More Abundantly 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 More Abundantly 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $82K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.0%.
Frequently Asked Questions about Life More Abundantly
Is Life More Abundantly a legitimate charity?
Life More Abundantly (EIN: 852317741) is a registered tax-exempt nonprofit based in Arizona. It has 4 years of IRS 990 filings on record. Total revenue: $145K. No red flags identified. Financial health grade: B.
How does Life More Abundantly spend its money?
Life More Abundantly reported $145K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Life More Abundantly tax-deductible?
Life More Abundantly is registered as a tax-exempt nonprofit (EIN: 852317741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Life More Abundantly located?
Life More Abundantly is headquartered in Phoenix, Arizona and files with the IRS under EIN 852317741. It is classified under NTEE code E42.
How many years of IRS 990 filings does Life More Abundantly have?
Life More Abundantly has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $145K in total revenue.
Filing History
IRS 990 filing history for Life More Abundantly showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Life More Abundantly's revenue has grown by 10.8%, moving from $158K to $174K. Total assets decreased by 39.5% over the same period, from $157K to $95K. Total functional expenses rose by 28207.6%, from $906 to $256K. In its most recent filing year (2023), Life More Abundantly reported a deficit of $82K, with expenses exceeding revenue. The organization holds $5K in liabilities against $95K in assets (debt-to-asset ratio: 5.0%), resulting in net assets of $90K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $174K | $256K | $95K | $5K | — | — |
| 2022 | $181K | $194K | $174K | $2K | — | View 990 |
| 2021 | $122K | $94K | $186K | $2K | — | — |
| 2020 | $158K | $906 | $157K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $174K, expenses of $256K, and assets of $95K (revenue -3.7% year-over-year).
- 2022: Revenue of $181K, expenses of $194K, and assets of $174K (revenue +48.7% year-over-year).
- 2021: Revenue of $122K, expenses of $94K, and assets of $186K (revenue -22.7% year-over-year).
- 2020: Revenue of $158K, expenses of $906, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Life More Abundantly:
Data Sources and Methodology
This transparency report for Life More Abundantly 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.