Life Plan Trust Incorporated
EIN: 581928259 · Apex, NC · NTEE: E87Z
| Metric | Value |
|---|---|
| Total Revenue | $366K |
| Total Expenses | $352K |
| Net Assets | $679K |
Search Intent Cockpit
Life Plan Trust Incorporated Form 990, Revenue, CEO Pay, and IRS Filing Signals
Life Plan Trust Incorporated is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Life Plan Trust Incorporated in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $268K and expenses of $352K.
Revenue and Expenses
Life Plan Trust Incorporated reported $268K in revenue and $352K in expenses, a deficit of $84K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Life Plan Trust Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Life Plan Trust Incorporated shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Good filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Cccp Community Trust | North Carolina and Health context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Cccp Community Trust →All North Carolina nonprofits
All Health
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Apex, NC nonprofitsHealth in North Carolina
Health in North Carolina
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Health spending
Best Health charities in North Carolina
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Childrens Hope Alliance
Statesville, NC · $23.5M revenue · Score 95/100
Compare side-by-sideDare County Education Foundation Inc
Kitty Hawk, NC · $601K revenue · Score 92/100
Compare side-by-sidePaws For Life Nc
Youngsville, NC · $424K revenue · Score 92/100
Compare side-by-sideRobert Haywood Morrison Foundation
Charlotte, NC · $3.5M revenue · Score 85/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
About Life Plan Trust Incorporated
Life Plan Trust Incorporated (EIN: 581928259) is a nonprofit organization based in Apex, NC, classified under NTEE code E87Z. The organization reported total revenue of $366K and total assets of $661K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Life Plan Trust Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Life Plan Trust Incorporated is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $268K |
| Total Expenses | $352K |
| Surplus / Deficit | $-83,895 |
| Total Assets | $713K |
| Total Liabilities | $34K |
| Net Assets | $679K |
| Operating Margin | -31.3% |
| Debt-to-Asset Ratio | 4.8% |
| Months of Reserves | 24.3 months |
Financial Health Grade: B
In 2023, Life Plan Trust Incorporated reported a deficit of $84K with expenses exceeding revenue, holds 24.3 months of operating reserves (strong position), has a debt-to-asset ratio of 4.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Life Plan Trust Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.4% | +0.5% | -8.0% |
| 2022 | +110.1% | +4.2% | +26.8% |
| 2021 | -41.9% | +1.8% | +6.2% |
| 2020 | +99.2% | +5.5% | +30.5% |
| 2019 | -25.8% | -9.8% | -11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Life Plan Trust Incorporated 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 Plan Trust Incorporated 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 $84K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.8%.
Frequently Asked Questions about Life Plan Trust Incorporated
Is Life Plan Trust Incorporated a legitimate charity?
Life Plan Trust Incorporated (EIN: 581928259) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $366K. No red flags identified. Financial health grade: B.
How does Life Plan Trust Incorporated spend its money?
Life Plan Trust Incorporated reported $366K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Life Plan Trust Incorporated tax-deductible?
Life Plan Trust Incorporated is registered as a tax-exempt nonprofit (EIN: 581928259). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Life Plan Trust Incorporated located?
Life Plan Trust Incorporated is headquartered in Apex, North Carolina and files with the IRS under EIN 581928259. It is classified under NTEE code E87Z.
How many years of IRS 990 filings does Life Plan Trust Incorporated have?
Life Plan Trust Incorporated 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 $366K in total revenue.
Filing History
IRS 990 filing history for Life Plan Trust Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Life Plan Trust Incorporated's revenue has declined by 36.4%, moving from $422K to $268K. Total assets increased by 79% over the same period, from $399K to $713K. Total functional expenses fell by 16.1%, from $420K to $352K. In its most recent filing year (2023), Life Plan Trust Incorporated reported a deficit of $84K, with expenses exceeding revenue. The organization holds $34K in liabilities against $713K in assets (debt-to-asset ratio: 4.8%), resulting in net assets of $679K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $268K | $352K | $713K | $34K | — | View 990 |
| 2022 | $589K | $350K | $775K | $38K | — | View 990 |
| 2021 | $280K | $336K | $612K | $35K | — | View 990 |
| 2020 | $482K | $330K | $576K | $31K | — | View 990 |
| 2019 | $242K | $313K | $441K | $33K | — | View 990 |
| 2018 | $326K | $347K | $497K | $23K | — | View 990 |
| 2017 | $257K | $377K | $527K | $32K | — | View 990 |
| 2016 | $468K | $402K | $643K | $40K | — | View 990 |
| 2015 | $438K | $479K | $596K | $34K | — | View 990 |
| 2014 | $428K | $444K | $667K | $39K | — | View 990 |
| 2013 | $483K | $350K | $626K | $27K | — | View 990 |
| 2012 | $523K | $423K | $495K | $30K | — | View 990 |
| 2011 | $422K | $420K | $399K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $268K, expenses of $352K, and assets of $713K (revenue -54.4% year-over-year).
- 2022: Revenue of $589K, expenses of $350K, and assets of $775K (revenue +110.1% year-over-year).
- 2021: Revenue of $280K, expenses of $336K, and assets of $612K (revenue -41.9% year-over-year).
- 2020: Revenue of $482K, expenses of $330K, and assets of $576K (revenue +99.2% year-over-year).
- 2019: Revenue of $242K, expenses of $313K, and assets of $441K (revenue -25.8% year-over-year).
- 2018: Revenue of $326K, expenses of $347K, and assets of $497K (revenue +26.8% year-over-year).
- 2017: Revenue of $257K, expenses of $377K, and assets of $527K (revenue -45.1% year-over-year).
- 2016: Revenue of $468K, expenses of $402K, and assets of $643K (revenue +6.9% year-over-year).
- 2015: Revenue of $438K, expenses of $479K, and assets of $596K (revenue +2.3% year-over-year).
- 2014: Revenue of $428K, expenses of $444K, and assets of $667K (revenue -11.4% year-over-year).
- 2013: Revenue of $483K, expenses of $350K, and assets of $626K (revenue -7.6% year-over-year).
- 2012: Revenue of $523K, expenses of $423K, and assets of $495K (revenue +24.0% year-over-year).
- 2011: Revenue of $422K, expenses of $420K, and assets of $399K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Life Plan Trust Incorporated:
Data Sources and Methodology
This transparency report for Life Plan Trust Incorporated 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.