Life Skills For Youth
Life Skills For Youth experiences revenue growth but operates with a deficit in 2023, maintaining 0% officer compensation.
EIN: 205723732 · Little Rock, AR · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.8M |
| Program Spending | 85% |
| Net Assets | $-124,514 |
| Transparency Score | 85/100 |
Is Life Skills For Youth Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Life Skills For Youth directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Life Skills For Youth
Life Skills For Youth (EIN: 205723732) is a nonprofit organization based in Little Rock, AR, classified under NTEE code O50. The organization reported total revenue of $1.5M and total assets of $541K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Life Skills For Youth's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Life Skills For Youth is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-88,965 |
| Total Assets | $51K |
| Total Liabilities | $175K |
| Net Assets | $-124,514 |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 344.3% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2023, Life Skills For Youth reported a deficit of $89K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 344.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Life Skills For Youth's revenue has grown at a compound annual growth rate (CAGR) of 25.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.6% | +26.0% | -68.2% |
| 2022 | +73.5% | +90.2% | +37.4% |
| 2021 | +114.1% | +33.5% | +30.3% |
| 2020 | -46.6% | -13.9% | +223.6% |
| 2019 | +26.3% | -2.7% | +41.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Life Skills For Youth with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Life Skills For Youth allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $89K, with expenses exceeding revenue.
- Debt-to-asset ratio: 344.3%.
Executive Compensation Analysis
Life Skills For Youth consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for an organization of its size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Life Skills For Youth's IRS 990 filings:
- Operating deficit in the latest fiscal year (202312), with expenses exceeding revenue by $88,965.
- Liabilities ($175,485) significantly exceeded assets ($50,971) in the latest fiscal year (202312).
Strengths
The following positive indicators were identified for Life Skills For Youth:
- Consistent reporting of 0% officer compensation across all available filings, indicating high financial efficiency and mission focus.
- Significant revenue growth from $396,882 in 2014 to $1,677,228 in 2023, demonstrating organizational expansion.
- Strong program spending focus, as implied by the 0% officer compensation and the nature of a 'Life Skills' organization.
Frequently Asked Questions about Life Skills For Youth
Is Life Skills For Youth a legitimate charity?
Life Skills For Youth (EIN: 205723732) is a registered tax-exempt nonprofit based in Arkansas. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. 2 red flags identified. 3 strengths noted. Financial health grade: D.
How does Life Skills For Youth spend its money?
Life Skills For Youth directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Life Skills For Youth tax-deductible?
Life Skills For Youth is registered as a tax-exempt nonprofit (EIN: 205723732). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Life Skills For Youth's spending goes to programs?
Life Skills For Youth directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Life Skills For Youth compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Life Skills For Youth is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Life Skills For Youth located?
Life Skills For Youth is headquartered in Little Rock, Arkansas and files with the IRS under EIN 205723732. It is classified under NTEE code O50.
How many years of IRS 990 filings does Life Skills For Youth have?
Life Skills For Youth 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 $1.5M in total revenue.
Is Life Skills For Youth a good charity?
Based on the available data, Life Skills For Youth appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation, suggesting a strong commitment to its mission. While it operated at a deficit in 2023, its overall revenue growth is positive.
How has Life Skills For Youth's revenue changed over time?
Life Skills For Youth has experienced significant revenue growth, increasing from $396,882 in 2014 to $1,677,228 in 2023, demonstrating substantial expansion.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that no salaries are paid to its officers, which is a strong positive for financial efficiency and transparency.
Did Life Skills For Youth operate at a surplus or deficit in its latest filing?
In its latest filing (Period 202312), Life Skills For Youth operated at a deficit, with expenses of $1,766,193 exceeding revenue of $1,677,228.
What is the trend in the organization's assets and liabilities?
Assets have fluctuated, reaching $160,148 in 2022 but dropping to $50,971 in 2023. Liabilities have generally been higher than assets in recent years, reaching $175,485 in 2023, which warrants attention.
Filing History
IRS 990 filing history for Life Skills For Youth showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Life Skills For Youth's revenue has grown by 1366.8%, moving from $114K to $1.7M. Total assets increased by 7079% over the same period, from $710 to $51K. Total functional expenses rose by 1452.3%, from $114K to $1.8M. In its most recent filing year (2023), Life Skills For Youth reported a deficit of $89K, with expenses exceeding revenue. The organization holds $175K in liabilities against $51K in assets (debt-to-asset ratio: 344.3%), resulting in net assets of $-124,514.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.8M | $51K | $175K | — | View 990 |
| 2022 | $1.4M | $1.4M | $160K | $179K | — | View 990 |
| 2021 | $829K | $737K | $117K | $172K | — | View 990 |
| 2020 | $387K | $552K | $89K | $237K | — | View 990 |
| 2019 | $726K | $641K | $28K | $10K | — | View 990 |
| 2018 | $575K | $659K | $20K | $87K | — | View 990 |
| 2017 | $673K | $673K | $104K | $87K | — | View 990 |
| 2016 | $626K | $665K | $27K | $10K | — | View 990 |
| 2015 | $510K | $468K | $0 | $0 | — | View 990 |
| 2014 | $397K | $393K | $0 | $0 | — | View 990 |
| 2013 | $333K | $324K | $5K | $0 | — | View 990 |
| 2012 | $170K | $157K | $13K | $0 | — | View 990 |
| 2011 | $114K | $114K | $710 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.8M, and assets of $51K (revenue +16.6% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.4M, and assets of $160K (revenue +73.5% year-over-year).
- 2021: Revenue of $829K, expenses of $737K, and assets of $117K (revenue +114.1% year-over-year).
- 2020: Revenue of $387K, expenses of $552K, and assets of $89K (revenue -46.6% year-over-year).
- 2019: Revenue of $726K, expenses of $641K, and assets of $28K (revenue +26.3% year-over-year).
- 2018: Revenue of $575K, expenses of $659K, and assets of $20K (revenue -14.6% year-over-year).
- 2017: Revenue of $673K, expenses of $673K, and assets of $104K (revenue +7.6% year-over-year).
- 2016: Revenue of $626K, expenses of $665K, and assets of $27K (revenue +22.6% year-over-year).
- 2015: Revenue of $510K, expenses of $468K, and assets of $0 (revenue +28.6% year-over-year).
- 2014: Revenue of $397K, expenses of $393K, and assets of $0 (revenue +19.3% year-over-year).
- 2013: Revenue of $333K, expenses of $324K, and assets of $5K (revenue +96.1% year-over-year).
- 2012: Revenue of $170K, expenses of $157K, and assets of $13K (revenue +48.3% year-over-year).
- 2011: Revenue of $114K, expenses of $114K, and assets of $710.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Life Skills For Youth:
Data Sources and Methodology
This transparency report for Life Skills For Youth 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.