Lifeshape Inc
Lifeshape Inc. shows strong asset growth and consistent revenue, with no reported officer compensation on 990s.
EIN: 200249641 · Atlanta, GA · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $14.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $15 |
| Net Assets | $40.8M |
| Transparency Score | 85/100 |
Is Lifeshape Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lifeshape Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lifeshape Inc
Lifeshape Inc (EIN: 200249641) is a nonprofit organization based in Atlanta, GA, classified under NTEE code X20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lifeshape Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lifeshape Inc is a large nonprofit that has been operating for 6 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 25.3%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.8M |
| Total Expenses | $14.8M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $41.1M |
| Total Liabilities | $288K |
| Net Assets | $40.8M |
| Operating Margin | 6.7% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 33.3 months |
Financial Health Grade: A
In 2019, Lifeshape Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 33.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2019), Lifeshape Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +15.9% | +15.4% | +3.0% |
| 2018 | -45.9% | +30.5% | +2.2% |
| 2017 | +14.8% | +27.1% | +46.0% |
| 2016 | +164.8% | +5.2% | +187.1% |
| 2015 | +0.8% | +31.9% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2020 |
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 Lifeshape Inc 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, Lifeshape Inc 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Lifeshape Inc. consistently reports 0% officer compensation in its IRS 990 filings, which is unusual for an organization of its size with revenues exceeding $15 million in 2019. This either indicates that no officers receive compensation, or that compensation is reported in a different section of the 990 or through a related entity, warranting further scrutiny for complete transparency.
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 Lifeshape Inc's IRS 990 filings:
- Consistent 0% officer compensation reported on 990s for an organization of this size, which may indicate compensation is reported elsewhere or through related entities, requiring further investigation for full transparency.
- Broad NTEE code (X20) without detailed functional expense breakdowns makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for Lifeshape Inc:
- Strong and consistent revenue generation, with 2019 revenue at $15,846,732.
- Significant asset growth from $3,059,469 in 2011 to $41,056,311 in 2019, indicating robust financial health.
- Relatively low liabilities compared to assets, with $288,414 in 2019, suggesting financial stability.
- Positive net income in most reported years, contributing to asset accumulation.
Frequently Asked Questions about Lifeshape Inc
Is Lifeshape Inc a legitimate charity?
Lifeshape Inc (EIN: 200249641) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Lifeshape Inc spend its money?
Lifeshape Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lifeshape Inc tax-deductible?
Lifeshape Inc is registered as a tax-exempt nonprofit (EIN: 200249641). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lifeshape Inc CEO make?
Lifeshape Inc's highest-compensated officer earns $15 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lifeshape Inc's spending goes to programs?
Lifeshape Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lifeshape Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lifeshape Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lifeshape Inc located?
Lifeshape Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 200249641. It is classified under NTEE code X20.
How many years of IRS 990 filings does Lifeshape Inc have?
Lifeshape Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Lifeshape Inc. a good charity?
Based on its financial health, consistent revenue, significant asset growth, and low liabilities, Lifeshape Inc. appears to be a financially stable organization. The lack of reported officer compensation is a notable point that could be seen as positive for resource allocation, but also raises questions about the full picture of executive remuneration.
How does Lifeshape Inc. manage its expenses?
In 2019, Lifeshape Inc. had expenses of $14,787,583 against revenues of $15,846,732, indicating that approximately 93% of its revenue was spent. While the overall expense ratio is high, without a detailed functional expense breakdown, it's difficult to assess the efficiency of program delivery versus administrative or fundraising costs.
What is the trend in Lifeshape Inc.'s financial growth?
Lifeshape Inc. has shown significant financial growth. Its revenue increased from $2,614,810 in 2011 to $15,846,732 in 2019, and its assets grew from $3,059,469 to $41,056,311 over the same period, demonstrating substantial expansion.
Filing History
IRS 990 filing history for Lifeshape Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Lifeshape Inc's revenue has grown by 506%, moving from $2.6M to $15.8M. Total assets increased by 1241.9% over the same period, from $3.1M to $41.1M. Total functional expenses rose by 469.2%, from $2.6M to $14.8M. In its most recent filing year (2019), Lifeshape Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $288K in liabilities against $41.1M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $40.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $15.8M | $14.8M | $41.1M | $288K | — | View 990 |
| 2018 | $13.7M | $12.8M | $39.9M | $161K | — | View 990 |
| 2017 | $25.2M | $9.8M | $39.0M | $139K | — | View 990 |
| 2016 | $22.0M | $7.7M | $26.7M | $3.3M | — | View 990 |
| 2015 | $8.3M | $7.3M | $9.3M | $135K | — | View 990 |
| 2014 | $8.2M | $5.6M | $8.6M | $445K | — | View 990 |
| 2013 | $5.5M | $3.5M | $6.7M | $1.3M | — | View 990 |
| 2012 | $3.7M | $3.2M | $4.9M | $1.4M | — | View 990 |
| 2011 | $2.6M | $2.6M | $3.1M | $51K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $15.8M, expenses of $14.8M, and assets of $41.1M (revenue +15.9% year-over-year).
- 2018: Revenue of $13.7M, expenses of $12.8M, and assets of $39.9M (revenue -45.9% year-over-year).
- 2017: Revenue of $25.2M, expenses of $9.8M, and assets of $39.0M (revenue +14.8% year-over-year).
- 2016: Revenue of $22.0M, expenses of $7.7M, and assets of $26.7M (revenue +164.8% year-over-year).
- 2015: Revenue of $8.3M, expenses of $7.3M, and assets of $9.3M (revenue +0.8% year-over-year).
- 2014: Revenue of $8.2M, expenses of $5.6M, and assets of $8.6M (revenue +49.4% year-over-year).
- 2013: Revenue of $5.5M, expenses of $3.5M, and assets of $6.7M (revenue +49.8% year-over-year).
- 2012: Revenue of $3.7M, expenses of $3.2M, and assets of $4.9M (revenue +40.8% year-over-year).
- 2011: Revenue of $2.6M, expenses of $2.6M, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lifeshape Inc:
Data Sources and Methodology
This transparency report for Lifeshape 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.