Lifespring Apostolic Center Of Excellence
EIN: 475226136 · Florence, SC · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $34K |
| Total Expenses | $43K |
| Net Assets | $9K |
Is Lifespring Apostolic Center Of Excellence Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lifespring Apostolic Center Of Excellence
Lifespring Apostolic Center Of Excellence (EIN: 475226136) is a nonprofit organization based in Florence, SC, classified under NTEE code X99. The organization reported total revenue of $34K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lifespring Apostolic Center Of Excellence's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lifespring Apostolic Center Of Excellence is a micro nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2015–2022). Revenue has grown at a compound annual rate of 24.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $43K |
| Surplus / Deficit | +$1K |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | 3.0% |
| Months of Reserves | 2.6 months |
Financial Health Grade: A
In 2022, Lifespring Apostolic Center Of Excellence reported a surplus of $1K with revenue exceeding expenses, holds 2.6 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2015–2022), Lifespring Apostolic Center Of Excellence's revenue has grown at a compound annual growth rate (CAGR) of 24.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +40.5% | +46.1% | +28.1% |
| 2020 | -45.7% | -47.5% | +253.8% |
| 2019 | +99.2% | +106.9% | -33.0% |
| 2018 | +7.9% | -3.4% | +214.7% |
| 2017 | -18.6% | -10.0% | -52.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lifespring Apostolic Center Of Excellence 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 Lifespring Apostolic Center Of Excellence 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
Frequently Asked Questions about Lifespring Apostolic Center Of Excellence
Is Lifespring Apostolic Center Of Excellence a legitimate charity?
Lifespring Apostolic Center Of Excellence (EIN: 475226136) is a registered tax-exempt nonprofit based in South Carolina. It has 7 years of IRS 990 filings on record. Total revenue: $34K. No red flags identified. Financial health grade: A.
How does Lifespring Apostolic Center Of Excellence spend its money?
Lifespring Apostolic Center Of Excellence reported $34K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lifespring Apostolic Center Of Excellence tax-deductible?
Lifespring Apostolic Center Of Excellence is registered as a tax-exempt nonprofit (EIN: 475226136). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lifespring Apostolic Center Of Excellence located?
Lifespring Apostolic Center Of Excellence is headquartered in Florence, South Carolina and files with the IRS under EIN 475226136. It is classified under NTEE code X99.
How many years of IRS 990 filings does Lifespring Apostolic Center Of Excellence have?
Lifespring Apostolic Center Of Excellence 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 $34K in total revenue.
Filing History
IRS 990 filing history for Lifespring Apostolic Center Of Excellence showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2015–2022), Lifespring Apostolic Center Of Excellence's revenue has grown by 366.2%, moving from $9K to $44K. Total assets decreased by 23% over the same period, from $12K to $9K. Total functional expenses rose by 316.6%, from $10K to $43K. In its most recent filing year (2022), Lifespring Apostolic Center Of Excellence reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $44K | $43K | $9K | $0 | — | View 990 |
| 2020 | $32K | $29K | $7K | $0 | — | View 990 |
| 2019 | $58K | $56K | $2K | $0 | — | View 990 |
| 2018 | $29K | $27K | $3K | $0 | — | View 990 |
| 2017 | $27K | $28K | $958 | $0 | — | View 990 |
| 2016 | $33K | $31K | $2K | $0 | — | View 990 |
| 2015 | $9K | $10K | $12K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $44K, expenses of $43K, and assets of $9K (revenue +40.5% year-over-year).
- 2020: Revenue of $32K, expenses of $29K, and assets of $7K (revenue -45.7% year-over-year).
- 2019: Revenue of $58K, expenses of $56K, and assets of $2K (revenue +99.2% year-over-year).
- 2018: Revenue of $29K, expenses of $27K, and assets of $3K (revenue +7.9% year-over-year).
- 2017: Revenue of $27K, expenses of $28K, and assets of $958 (revenue -18.6% year-over-year).
- 2016: Revenue of $33K, expenses of $31K, and assets of $2K (revenue +249.3% year-over-year).
- 2015: Revenue of $9K, expenses of $10K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lifespring Apostolic Center Of Excellence:
Data Sources and Methodology
This transparency report for Lifespring Apostolic Center Of Excellence 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.