Lifeline Animal Project Inc
Lifeline Animal Project Inc shows consistent growth and zero reported officer compensation over a decade.
EIN: 10599278 · Atlanta, GA · NTEE: D20 · Updated: 2026-03-26
Is Lifeline Animal Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lifeline Animal Project Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lifeline Animal Project Inc
Lifeline Animal Project Inc (EIN: 10599278) is a nonprofit organization based in Atlanta, GA, classified under NTEE code D20. The organization reported total revenue of $25.6M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lifeline Animal Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lifeline Animal Project Inc is a large nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 23.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19.2M |
| Total Expenses | $19.5M |
| Surplus / Deficit | $-230,761 |
| Total Assets | $5.9M |
| Total Liabilities | $3.4M |
| Net Assets | $2.6M |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 57.0% |
| Months of Reserves | 3.7 months |
Financial Health Grade: C
In 2023, Lifeline Animal Project Inc reported a deficit of $231K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 57.0% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Lifeline Animal Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.0% | +18.3% | -2.6% |
| 2022 | +12.3% | +5.9% | +3.3% |
| 2021 | +0.2% | +10.6% | -12.9% |
| 2020 | +8.1% | +10.1% | +2.4% |
| 2019 | +27.5% | +19.8% | +65.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2002 |
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 Lifeline Animal Project Inc with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Lifeline Animal Project Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $231K, with expenses exceeding revenue.
- Debt-to-asset ratio: 57.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is exceptional for an organization of its size with revenues reaching over $19 million in 2023. This indicates a strong commitment to directing resources towards its mission rather than executive salaries.
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 Lifeline Animal Project Inc's IRS 990 filings:
- Expenses slightly exceeded revenue in 2023 ($19,456,700 vs $19,225,939), indicating a tight operating margin for that period.
Strengths
The following positive indicators were identified for Lifeline Animal Project Inc:
- Consistent and significant revenue growth over a decade, from $7.6M in 2014 to $19.2M in 2023.
- Zero reported officer compensation across all 14 available filings, demonstrating exceptional financial stewardship.
- Healthy asset-to-liability ratio, indicating strong financial stability (e.g., $5.9M assets vs $3.3M liabilities in 2023).
- Sustained operational expansion, suggesting effective program delivery and fundraising capabilities.
Frequently Asked Questions about Lifeline Animal Project Inc
Is Lifeline Animal Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lifeline Animal Project Inc (EIN: 10599278) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Lifeline Animal Project Inc spend its money?
Lifeline Animal Project Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lifeline Animal Project Inc tax-deductible?
Lifeline Animal Project Inc is registered as a tax-exempt nonprofit (EIN: 10599278). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lifeline Animal Project Inc a good charity?
Based on the provided IRS 990 data, Lifeline Animal Project Inc appears to be a very good charity. It demonstrates consistent growth, maintains a healthy financial position with assets exceeding liabilities, and notably reports 0% officer compensation across all filings, indicating a strong commitment to its mission.
How has Lifeline Animal Project Inc's revenue grown over time?
Lifeline Animal Project Inc has shown significant revenue growth, increasing from $7,607,438 in 2014 to $19,225,939 in 2023, representing over a 150% increase in less than a decade.
What is the organization's financial stability?
The organization's financial stability appears strong. Its assets consistently outweigh its liabilities (e.g., $5,930,896 in assets vs. $3,379,796 in liabilities in 2023), and it has managed sustained growth in operations.
Does Lifeline Animal Project Inc pay its executives?
No, according to the provided IRS 990 data, Lifeline Animal Project Inc has reported 0% officer compensation for all available filing periods, from 2014 through 2023.
Filing History
IRS 990 filing history for Lifeline Animal Project Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Lifeline Animal Project Inc's revenue has grown by 1431.3%, moving from $1.3M to $19.2M. Total assets increased by 2629% over the same period, from $217K to $5.9M. Total functional expenses rose by 1424.8%, from $1.3M to $19.5M. In its most recent filing year (2023), Lifeline Animal Project Inc reported a deficit of $231K, with expenses exceeding revenue. The organization holds $3.4M in liabilities against $5.9M in assets (debt-to-asset ratio: 57.0%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19.2M | $19.5M | $5.9M | $3.4M | — | — |
| 2022 | $16.3M | $16.5M | $6.1M | $3.3M | — | View 990 |
| 2021 | $14.5M | $15.5M | $5.9M | $3.0M | — | View 990 |
| 2020 | $14.5M | $14.0M | $6.8M | $2.8M | — | — |
| 2019 | $13.4M | $12.8M | $6.6M | $3.1M | — | View 990 |
| 2018 | $10.5M | $10.7M | $4.0M | $1.2M | — | View 990 |
| 2017 | $9.9M | $9.3M | $4.1M | $1.2M | — | View 990 |
| 2016 | $9.9M | $8.8M | $3.6M | $1.3M | — | View 990 |
| 2015 | $8.6M | $8.0M | $2.5M | $1.1M | — | View 990 |
| 2014 | $7.6M | $7.4M | $949K | $187K | — | View 990 |
| 2013 | $5.3M | $4.8M | $985K | $435K | — | View 990 |
| 2012 | $1.5M | $1.5M | $246K | $194K | — | View 990 |
| 2011 | $1.2M | $1.2M | $239K | $213K | — | View 990 |
| 2010 | $1.3M | $1.3M | $217K | $193K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19.2M, expenses of $19.5M, and assets of $5.9M (revenue +18.0% year-over-year).
- 2022: Revenue of $16.3M, expenses of $16.5M, and assets of $6.1M (revenue +12.3% year-over-year).
- 2021: Revenue of $14.5M, expenses of $15.5M, and assets of $5.9M (revenue +0.2% year-over-year).
- 2020: Revenue of $14.5M, expenses of $14.0M, and assets of $6.8M (revenue +8.1% year-over-year).
- 2019: Revenue of $13.4M, expenses of $12.8M, and assets of $6.6M (revenue +27.5% year-over-year).
- 2018: Revenue of $10.5M, expenses of $10.7M, and assets of $4.0M (revenue +5.8% year-over-year).
- 2017: Revenue of $9.9M, expenses of $9.3M, and assets of $4.1M (revenue +0.6% year-over-year).
- 2016: Revenue of $9.9M, expenses of $8.8M, and assets of $3.6M (revenue +15.1% year-over-year).
- 2015: Revenue of $8.6M, expenses of $8.0M, and assets of $2.5M (revenue +12.9% year-over-year).
- 2014: Revenue of $7.6M, expenses of $7.4M, and assets of $949K (revenue +42.5% year-over-year).
- 2013: Revenue of $5.3M, expenses of $4.8M, and assets of $985K (revenue +261.2% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $246K (revenue +18.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $239K (revenue -0.5% year-over-year).
- 2010: Revenue of $1.3M, expenses of $1.3M, and assets of $217K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lifeline Animal Project Inc:
Data Sources and Methodology
This transparency report for Lifeline Animal Project 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.