Life Recovery Services
EIN: 473067167 · Oklahoma City, OK
| Metric | Value |
|---|---|
| Total Revenue | $275K |
| Total Expenses | $345K |
| Net Assets | $-134,489 |
Is Life Recovery Services Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Life Recovery Services
Life Recovery Services (EIN: 473067167) is a nonprofit organization based in Oklahoma City, OK. The organization reported total revenue of $275K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Life Recovery Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Life Recovery Services is a small nonprofit that has been operating for 6 years, with 6 years of IRS 990 filings on record (2016–2021). Revenue has grown at a compound annual rate of 64.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $275K |
| Total Expenses | $345K |
| Surplus / Deficit | $-69,832 |
| Total Assets | $10K |
| Total Liabilities | $145K |
| Net Assets | $-134,489 |
| Operating Margin | -25.4% |
| Debt-to-Asset Ratio | 1404.6% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2021, Life Recovery Services reported a deficit of $70K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 1404.6% (high leverage).
Financial Trends
Over 6 years of filings (2016–2021), Life Recovery Services's revenue has grown at a compound annual growth rate (CAGR) of 64.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -4.9% | +6.9% | -90.4% |
| 2020 | +8.3% | +20.8% | +1650.7% |
| 2019 | +53.9% | +51.4% | +69.5% |
| 2018 | +156.1% | +163.3% | +30.7% |
| 2017 | +198.4% | +198.4% | +994.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Recovery Services 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 Recovery Services 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $70K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1404.6%.
Frequently Asked Questions about Life Recovery Services
Is Life Recovery Services a legitimate charity?
Life Recovery Services (EIN: 473067167) is a registered tax-exempt nonprofit based in Oklahoma. It has 6 years of IRS 990 filings on record. Total revenue: $275K. No red flags identified. Financial health grade: D.
How does Life Recovery Services spend its money?
Life Recovery Services reported $275K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Life Recovery Services tax-deductible?
Life Recovery Services is registered as a tax-exempt nonprofit (EIN: 473067167). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Life Recovery Services located?
Life Recovery Services is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 473067167.
How many years of IRS 990 filings does Life Recovery Services have?
Life Recovery Services has 6 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 $275K in total revenue.
Filing History
IRS 990 filing history for Life Recovery Services showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2016–2021), Life Recovery Services's revenue has grown by 1111.1%, moving from $23K to $275K. Total assets increased by 3990.9% over the same period, from $252 to $10K. Total functional expenses rose by 1435.9%, from $22K to $345K. In its most recent filing year (2021), Life Recovery Services reported a deficit of $70K, with expenses exceeding revenue. The organization holds $145K in liabilities against $10K in assets (debt-to-asset ratio: 1404.6%), resulting in net assets of $-134,489.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $275K | $345K | $10K | $145K | — | — |
| 2020 | $289K | $322K | $107K | $142K | — | — |
| 2019 | $267K | $267K | $6K | $8K | — | View 990 |
| 2018 | $173K | $176K | $4K | $5K | — | View 990 |
| 2017 | $68K | $67K | $3K | $2K | — | View 990 |
| 2016 | $23K | $22K | $252 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $275K, expenses of $345K, and assets of $10K (revenue -4.9% year-over-year).
- 2020: Revenue of $289K, expenses of $322K, and assets of $107K (revenue +8.3% year-over-year).
- 2019: Revenue of $267K, expenses of $267K, and assets of $6K (revenue +53.9% year-over-year).
- 2018: Revenue of $173K, expenses of $176K, and assets of $4K (revenue +156.1% year-over-year).
- 2017: Revenue of $68K, expenses of $67K, and assets of $3K (revenue +198.4% year-over-year).
- 2016: Revenue of $23K, expenses of $22K, and assets of $252.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Life Recovery Services:
Data Sources and Methodology
This transparency report for Life Recovery Services 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.