Lifegate Freedom Recovery Ministries
EIN: 262578843 · Sapulpa, OK · NTEE: F21
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $720K |
| Net Assets | $31K |
Is Lifegate Freedom Recovery Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lifegate Freedom Recovery Ministries
Lifegate Freedom Recovery Ministries (EIN: 262578843) is a nonprofit organization based in Sapulpa, OK, classified under NTEE code F21. The organization reported total revenue of $1.1M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lifegate Freedom Recovery Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lifegate Freedom Recovery Ministries is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $860K |
| Total Expenses | $720K |
| Surplus / Deficit | +$140K |
| Total Assets | $172K |
| Total Liabilities | $141K |
| Net Assets | $31K |
| Operating Margin | 16.3% |
| Debt-to-Asset Ratio | 81.9% |
| Months of Reserves | 2.9 months |
Financial Health Grade: B
In 2023, Lifegate Freedom Recovery Ministries reported a surplus of $140K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 81.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lifegate Freedom Recovery Ministries's revenue has grown at a compound annual growth rate (CAGR) of 17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.2% | +50.8% | -62.3% |
| 2022 | +51.3% | +94.3% | +0.7% |
| 2021 | +93.9% | -11.1% | +62.0% |
| 2020 | +3.4% | +52.2% | +1478.3% |
| 2019 | +1.5% | -5.4% | -40.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lifegate Freedom Recovery Ministries 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 Lifegate Freedom Recovery Ministries 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 surplus of $140K, with revenue exceeding expenses.
- Debt-to-asset ratio: 81.9%.
Frequently Asked Questions about Lifegate Freedom Recovery Ministries
Is Lifegate Freedom Recovery Ministries a legitimate charity?
Lifegate Freedom Recovery Ministries (EIN: 262578843) is a registered tax-exempt nonprofit based in Oklahoma. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: B.
How does Lifegate Freedom Recovery Ministries spend its money?
Lifegate Freedom Recovery Ministries reported $1.1M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lifegate Freedom Recovery Ministries tax-deductible?
Lifegate Freedom Recovery Ministries is registered as a tax-exempt nonprofit (EIN: 262578843). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lifegate Freedom Recovery Ministries located?
Lifegate Freedom Recovery Ministries is headquartered in Sapulpa, Oklahoma and files with the IRS under EIN 262578843. It is classified under NTEE code F21.
How many years of IRS 990 filings does Lifegate Freedom Recovery Ministries have?
Lifegate Freedom Recovery Ministries 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Lifegate Freedom Recovery Ministries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lifegate Freedom Recovery Ministries's revenue has grown by 622.9%, moving from $119K to $860K. Total assets increased by 40027% over the same period, from $429 to $172K. Total functional expenses rose by 513%, from $117K to $720K. In its most recent filing year (2023), Lifegate Freedom Recovery Ministries reported a surplus of $140K, with revenue exceeding expenses. The organization holds $141K in liabilities against $172K in assets (debt-to-asset ratio: 81.9%), resulting in net assets of $31K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $860K | $720K | $172K | $141K | — | — |
| 2022 | $581K | $477K | $457K | $429K | — | View 990 |
| 2021 | $384K | $246K | $454K | $514K | — | View 990 |
| 2020 | $198K | $276K | $280K | $336K | — | View 990 |
| 2019 | $191K | $182K | $18K | $42K | — | View 990 |
| 2018 | $188K | $192K | $30K | $64K | — | View 990 |
| 2017 | $183K | $218K | $34K | $65K | — | View 990 |
| 2016 | $130K | $140K | $14K | $10K | — | View 990 |
| 2015 | $198K | $196K | $28K | $14K | — | View 990 |
| 2014 | $157K | $144K | $17K | $13K | — | View 990 |
| 2013 | $158K | $156K | $17K | $26K | — | View 990 |
| 2012 | $116K | $120K | $17K | $29K | — | View 990 |
| 2011 | $119K | $117K | $429 | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $860K, expenses of $720K, and assets of $172K (revenue +48.2% year-over-year).
- 2022: Revenue of $581K, expenses of $477K, and assets of $457K (revenue +51.3% year-over-year).
- 2021: Revenue of $384K, expenses of $246K, and assets of $454K (revenue +93.9% year-over-year).
- 2020: Revenue of $198K, expenses of $276K, and assets of $280K (revenue +3.4% year-over-year).
- 2019: Revenue of $191K, expenses of $182K, and assets of $18K (revenue +1.5% year-over-year).
- 2018: Revenue of $188K, expenses of $192K, and assets of $30K (revenue +2.9% year-over-year).
- 2017: Revenue of $183K, expenses of $218K, and assets of $34K (revenue +41.4% year-over-year).
- 2016: Revenue of $130K, expenses of $140K, and assets of $14K (revenue -34.5% year-over-year).
- 2015: Revenue of $198K, expenses of $196K, and assets of $28K (revenue +26.3% year-over-year).
- 2014: Revenue of $157K, expenses of $144K, and assets of $17K (revenue -1.0% year-over-year).
- 2013: Revenue of $158K, expenses of $156K, and assets of $17K (revenue +36.9% year-over-year).
- 2012: Revenue of $116K, expenses of $120K, and assets of $17K (revenue -2.9% year-over-year).
- 2011: Revenue of $119K, expenses of $117K, and assets of $429.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lifegate Freedom Recovery Ministries:
Data Sources and Methodology
This transparency report for Lifegate Freedom Recovery Ministries 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.