Lifelink Career Resource Center Inc
Lifelink Career Resource Center Inc faces recurring deficits and declining assets despite consistent revenue.
EIN: 208564116 · Birmingham, AL · NTEE: I43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $335K |
| Total Expenses | $412K |
| Program Spending | 70% |
| Net Assets | $267K |
| Transparency Score | 65/100 |
Is Lifelink Career Resource Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lifelink Career Resource Center Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Lifelink Career Resource Center Inc
Lifelink Career Resource Center Inc (EIN: 208564116) is a nonprofit organization based in Birmingham, AL, classified under NTEE code I43. The organization reported total revenue of $335K and total assets of $284K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lifelink Career Resource Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lifelink Career Resource Center Inc is a small nonprofit that has been operating for 18 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $308K |
| Total Expenses | $412K |
| Surplus / Deficit | $-103,826 |
| Total Assets | $270K |
| Total Liabilities | $3K |
| Net Assets | $267K |
| Operating Margin | -33.7% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 7.9 months |
Financial Health Grade: B
In 2023, Lifelink Career Resource Center Inc reported a deficit of $104K with expenses exceeding revenue, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Lifelink Career Resource Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.6% | +4.8% | -28.3% |
| 2022 | -0.8% | +61.8% | -15.2% |
| 2021 | -8.1% | -67.5% | +22.3% |
| 2020 | +3.2% | +193.7% | -50.9% |
| 2019 | +25.0% | +58.3% | +14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Lifelink Career Resource Center Inc 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, Lifelink Career Resource Center Inc 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 $104K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is a positive sign for directing funds to the mission.
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 Lifelink Career Resource Center Inc's IRS 990 filings:
- Recurring operational deficits (e.g., 2023: $103,826 deficit; 2020: $389,087 deficit)
- Significant decline in total assets over recent years (from $740,164 in 2019 to $270,390 in 2023)
- High volatility in expenses, making financial planning challenging (e.g., $747,293 in 2020 vs. $243,076 in 2021)
Strengths
The following positive indicators were identified for Lifelink Career Resource Center Inc:
- Consistent 0% officer compensation, indicating funds are directed to mission
- Regular filing of IRS Form 990s, demonstrating transparency
- Consistent revenue generation over several years, suggesting a stable donor base or funding sources
Frequently Asked Questions about Lifelink Career Resource Center Inc
Is Lifelink Career Resource Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lifelink Career Resource Center Inc (EIN: 208564116) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Lifelink Career Resource Center Inc spend its money?
Lifelink Career Resource Center Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lifelink Career Resource Center Inc tax-deductible?
Lifelink Career Resource Center Inc is registered as a tax-exempt nonprofit (EIN: 208564116). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lifelink Career Resource Center Inc's spending goes to programs?
Lifelink Career Resource Center Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Lifelink Career Resource Center Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Lifelink Career Resource Center Inc is above average for NTEE category I43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lifelink Career Resource Center Inc located?
Lifelink Career Resource Center Inc is headquartered in Birmingham, Alabama and files with the IRS under EIN 208564116. It is classified under NTEE code I43.
How many years of IRS 990 filings does Lifelink Career Resource Center Inc have?
Lifelink Career Resource Center Inc has 7 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 $335K in total revenue.
Is Lifelink Career Resource Center Inc financially stable?
Based on the provided data, Lifelink Career Resource Center Inc shows signs of financial instability, with expenses exceeding revenue in multiple recent periods (e.g., 2023 and 2020) and a significant decline in assets from $740,164 in 2019 to $270,390 in 2023.
How has the organization's asset base changed over time?
The organization's assets have decreased significantly, from a peak of $740,164 in 2019 to $270,390 in 2023, indicating a substantial reduction in its financial reserves.
What is the trend in revenue versus expenses?
Revenue has been relatively consistent, averaging around $335,000 annually. However, expenses have been volatile and have exceeded revenue in several periods, notably in 2020 ($747,293 expenses vs. $358,206 revenue) and 2023 ($412,120 expenses vs. $308,294 revenue), leading to deficits.
Does the organization pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation across all periods, indicating that officers do not receive salaries from the organization.
Filing History
IRS 990 filing history for Lifelink Career Resource Center Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Lifelink Career Resource Center Inc's revenue has declined by 49.1%, moving from $605K to $308K. Total assets decreased by 49% over the same period, from $531K to $270K. Total functional expenses rose by 384%, from $85K to $412K. In its most recent filing year (2023), Lifelink Career Resource Center Inc reported a deficit of $104K, with expenses exceeding revenue. The organization holds $3K in liabilities against $270K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $267K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $308K | $412K | $270K | $3K | — | — |
| 2022 | $327K | $393K | $377K | $6K | — | View 990 |
| 2021 | $329K | $243K | $445K | $7K | — | View 990 |
| 2020 | $358K | $747K | $363K | $12K | — | View 990 |
| 2019 | $347K | $254K | $740K | $0 | — | View 990 |
| 2018 | $278K | $161K | $647K | $0 | — | View 990 |
| 2017 | $605K | $85K | $531K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $308K, expenses of $412K, and assets of $270K (revenue -5.6% year-over-year).
- 2022: Revenue of $327K, expenses of $393K, and assets of $377K (revenue -0.8% year-over-year).
- 2021: Revenue of $329K, expenses of $243K, and assets of $445K (revenue -8.1% year-over-year).
- 2020: Revenue of $358K, expenses of $747K, and assets of $363K (revenue +3.2% year-over-year).
- 2019: Revenue of $347K, expenses of $254K, and assets of $740K (revenue +25.0% year-over-year).
- 2018: Revenue of $278K, expenses of $161K, and assets of $647K (revenue -54.1% year-over-year).
- 2017: Revenue of $605K, expenses of $85K, and assets of $531K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lifelink Career Resource Center Inc:
Data Sources and Methodology
This transparency report for Lifelink Career Resource Center 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.