Life School Of Atlanta Inc
EIN: 812223588 · Atlanta, GA · NTEE: B25
| Metric | Value |
|---|---|
| Total Revenue | $295K |
| Total Expenses | $269K |
| Net Assets | $23K |
Is Life School Of Atlanta Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Life School Of Atlanta Inc
Life School Of Atlanta Inc (EIN: 812223588) is a nonprofit organization based in Atlanta, GA, classified under NTEE code B25. The organization reported total revenue of $295K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Life School Of Atlanta Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Life School Of Atlanta Inc is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2017–2020). Revenue has grown at a compound annual rate of 73.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $295K |
| Total Expenses | $269K |
| Surplus / Deficit | +$26K |
| Total Assets | $73K |
| Total Liabilities | $50K |
| Net Assets | $23K |
| Operating Margin | 8.8% |
| Debt-to-Asset Ratio | 68.7% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2020, Life School Of Atlanta Inc reported a surplus of $26K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 68.7% (high leverage).
Financial Trends
Over 4 years of filings (2017–2020), Life School Of Atlanta Inc's revenue has grown at a compound annual growth rate (CAGR) of 73.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +111.3% | +83.1% | +111.2% |
| 2019 | +91.4% | +97.9% | +30.2% |
| 2018 | +28.6% | +54.2% | +34.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Life School Of Atlanta Inc 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 School Of Atlanta Inc 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 68.7%.
Frequently Asked Questions about Life School Of Atlanta Inc
Is Life School Of Atlanta Inc a legitimate charity?
Life School Of Atlanta Inc (EIN: 812223588) is a registered tax-exempt nonprofit based in Georgia. It has 4 years of IRS 990 filings on record. Total revenue: $295K. No red flags identified. Financial health grade: A.
How does Life School Of Atlanta Inc spend its money?
Life School Of Atlanta Inc reported $295K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Life School Of Atlanta Inc tax-deductible?
Life School Of Atlanta Inc is registered as a tax-exempt nonprofit (EIN: 812223588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Life School Of Atlanta Inc located?
Life School Of Atlanta Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 812223588. It is classified under NTEE code B25.
How many years of IRS 990 filings does Life School Of Atlanta Inc have?
Life School Of Atlanta Inc 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 $295K in total revenue.
Filing History
IRS 990 filing history for Life School Of Atlanta Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2017–2020), Life School Of Atlanta Inc's revenue has grown by 420%, moving from $57K to $295K. Total assets increased by 268.6% over the same period, from $20K to $73K. Total functional expenses rose by 458.9%, from $48K to $269K. In its most recent filing year (2020), Life School Of Atlanta Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $50K in liabilities against $73K in assets (debt-to-asset ratio: 68.7%), resulting in net assets of $23K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $295K | $269K | $73K | $50K | — | View 990 |
| 2019 | $140K | $147K | $35K | $38K | — | View 990 |
| 2018 | $73K | $74K | $27K | $20K | — | View 990 |
| 2017 | $57K | $48K | $20K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $295K, expenses of $269K, and assets of $73K (revenue +111.3% year-over-year).
- 2019: Revenue of $140K, expenses of $147K, and assets of $35K (revenue +91.4% year-over-year).
- 2018: Revenue of $73K, expenses of $74K, and assets of $27K (revenue +28.6% year-over-year).
- 2017: Revenue of $57K, expenses of $48K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Life School Of Atlanta Inc:
Data Sources and Methodology
This transparency report for Life School Of Atlanta 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.