Life Transition Meditation Center
Life Transition Meditation Center operated at a deficit in its latest filing, with expenses exceeding revenue by $11,626.
EIN: 200193687 · Santa Fe, NM · NTEE: X50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $120K |
| Total Expenses | $88K |
| Program Spending | 70% |
| Net Assets | $12K |
| Transparency Score | 65/100 |
Is Life Transition Meditation Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Life Transition Meditation Center directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Life Transition Meditation Center
Life Transition Meditation Center (EIN: 200193687) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code X50. The organization reported total revenue of $120K and total assets of $37K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Life Transition Meditation Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Life Transition Meditation Center is a small nonprofit that has been operating for 23 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $88K |
| Surplus / Deficit | $-11,626 |
| Total Assets | $20K |
| Total Liabilities | $7K |
| Net Assets | $12K |
| Operating Margin | -15.2% |
| Debt-to-Asset Ratio | 37.8% |
| Months of Reserves | 2.7 months |
Financial Health Grade: C
In 2023, Life Transition Meditation Center reported a deficit of $12K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 37.8% (moderate leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| IRS Ruling Date | 2003 |
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 Transition Meditation Center with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Life Transition Meditation Center allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.8%.
Executive Compensation Analysis
The organization reported 0% officer compensation in its 202312 filing, suggesting that its leadership may be volunteer or compensated through non-officer roles, which is positive for minimizing overhead in a small organization.
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 Transition Meditation Center's IRS 990 filings:
- Operated at a deficit in the latest reported period ($76,339 revenue vs. $87,965 expenses).
- Only one IRS 990 filing available, limiting long-term financial assessment.
Strengths
The following positive indicators were identified for Life Transition Meditation Center:
- Reported 0% officer compensation in its latest filing, indicating low executive overhead.
- Modest liabilities ($7,383) relative to assets ($19,529) in the latest period.
Frequently Asked Questions about Life Transition Meditation Center
Is Life Transition Meditation Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Life Transition Meditation Center (EIN: 200193687) some concerns. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
How does Life Transition Meditation Center spend its money?
Life Transition Meditation Center directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Life Transition Meditation Center tax-deductible?
Life Transition Meditation Center is registered as a tax-exempt nonprofit (EIN: 200193687). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Life Transition Meditation Center's spending goes to programs?
Life Transition Meditation Center directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Life Transition Meditation Center compare to similar nonprofits?
With a transparency score of 65/100 (Good), Life Transition Meditation Center is above average for NTEE category X50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Life Transition Meditation Center located?
Life Transition Meditation Center is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 200193687. It is classified under NTEE code X50.
Is Life Transition Meditation Center financially stable?
Based on its latest filing (202312), the organization is not financially stable as it reported expenses ($87,965) exceeding revenue ($76,339), resulting in a deficit of $11,626. This indicates it spent more than it earned in that period.
What is the trend in Life Transition Meditation Center's revenue and expenses?
With only one filing available (202312), it is not possible to determine a trend in revenue and expenses for Life Transition Meditation Center. More historical data is needed for trend analysis.
Does Life Transition Meditation Center pay its officers?
According to its 202312 IRS 990 filing, Life Transition Meditation Center reported 0% officer compensation.
Filing History
IRS 990 filing history for Life Transition Meditation Center showing financial trends over 1 year of public records:
In its most recent filing year (2023), Life Transition Meditation Center reported a deficit of $12K, with expenses exceeding revenue. The organization holds $7K in liabilities against $20K in assets (debt-to-asset ratio: 37.8%), resulting in net assets of $12K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $88K | $20K | $7K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Life Transition Meditation Center:
Data Sources and Methodology
This transparency report for Life Transition Meditation Center 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.